Portfolio of Oil Service Stocks

Oil service companies service oil and natural gas wells. The amount of business activity for these companies depends on the price of oil and natural gas. As prices rise there is more business activity as new wells are drilled and existing wells are upgraded. This increased activity is felt through out the entire industry, as more drilling rigs, support services and materials are required.

Most oil service companies are cyclical and their stock prices track the price of oil and natural gas. So it is best to buy them at the beginning of a new price cycle when prices are low and dividend yields are high. And the Philadelphia Oil Service Index (^OSX), which includes fifteen of the largest oil service companies, generally follows the price of oil and natural gas.

Oil Service Stocks
Company	Symbol	10-Year Moving Average Chart*	Price and PDI Chart	Multiyear Returns	Services
Acergy	ACGY	Chart	Chart	Table	Offshore services contractor. More
Baker Hughes	BHI	Chart	Chart	Table	Oilfield services. More
BJ Services	BJS	Chart	Chart	Table	Pressure pumping and other oilfield services. More
Cameron International	CAM	Chart	Chart	Table	Manufactures oil and gas pressure control equipment. More
Global Industries	GLBL	Chart	Chart	Table	Offshore construction. More
GulfMark Offshore	GLF	Chart	Chart	Table	Provides offshore marine services. More
Halliburton	HAL	Chart	Chart	Table	Energy services, engineering and construction. More
National Oilwell Varco	NOV	Chart	Chart	Table	Oilfield services. More
Oceaneering International	OII	Chart	Chart	Table	Integrated technical services and hardware. More
RPC	RES	Chart	Chart	Table	Specialized oilfield services and equipment. More
Schlumberger	SLB	Chart	Chart	Table	Diversified technology services - not just for oil and gas sector. More
Smith International	SII	Chart	Chart	Table	Supplies products and services to the oil and gas exploration and production industry. More
Tidewater	TDW	Chart	Chart	Table	Offshore supply vessels and marine support services. More
Weatherford International	WFT	Chart	Chart	Table	Provides equipment and services used for the drilling, completion and production of oil and natural gas wells. More
NOTE: * A stock with fewer than eleven years of price data from Yahoo! Finance will not display a 10-year moving average.

Non-Dividend-Paying Portfolios includes links to each portfolio of a few or no dividend-paying stocks.

Dividend-Paying Portfolios includes links to each portfolio of dividend-paying stocks.

Great Dividend Stocks includes links to more dividend-paying stocks.

To follow the day-to-day progress of the Oil Service portfolio, check out the chart below. It is updated each day, so the portfolio values are always current. The current value of the portfolio assumes that $714.29 was invested (total of $10,000) in each of the 14 stocks at its closing weekly price for the first week of January 2001.

Click chart to enlarge it.

Current Oil Price

Today's date: Mar-20-10.