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Top 5 Companies in the Oil & Gas Drilling Industry With the Highest Beta (HERO, NBR, PTEN, HP, PKD)
[March 28, 2013]

Top 5 Companies in the Oil & Gas Drilling Industry With the Highest Beta (HERO, NBR, PTEN, HP, PKD)

Mar 28, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Oil & Gas Drilling industry with the highest betas. Higher-beta stocks mean greater volatility and are therefore generally considered to be riskier but also may provide the potential for higher returns.Hercules Offshore ranks highest with a a beta of 2.0. Following is Nabors Industries with a a beta of 1.9. Patterson-UTI Energy ranks third highest with a a beta of 1.6.

Helmerich & Payne follows with a a beta of 1.5, and Parker Drilling rounds out the top five with a a beta of 1.5.

SmarTrend recommended that subscribers consider buying shares of Hercules Offshore on November 30th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $5.15. Since that recommendation, shares of Hercules Offshore have risen 45.2%. We continue to monitor Hercules Offshore for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Write to Chip Brian at --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at:

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