Portfolio of Oil and Gas Drilling Stocks
Oil drillers drill for oil and natural gas on land and offshore. 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.
Most drillers are cyclical and their stock prices track the price
of oil and natural gas.
Here is a table of 10 well-known drilling stocks.
|10 Oil and Gas Drillers Stocks|
Stock Returns & Price Chart
Recent Prices &
|Diamond Offshore Drilling||DO|
|Helmerich & Payne||HP|
|Ocean Rig UDW||ORIG|
|Seadrill Partners LLC||SDLP|
|Price data from Quandl as of most recent close.|
To inspect the performance of the Oil and Gas Drillers Stocks portfolio, see the chart below. Portfolio values are computed using monthly closes for stocks from Quandl.The 8 stocks included in the portfolio computations are: DO, HP, NBR, NE, PTEN, RDC, TDW and RIG. The current value of the portfolio assumes that $1,250.00 was invested (total of $10,000) in each stock at its closing monthly price for the first date shown on the portfolio value chart below. All prices are adjusted for splits and dividends. ORIG and SDLP were excluded from the portfolio computations because of insufficient price data.
The current value of a $10,000 investment is $3,688. The percent return is -63.12%. The annualized return is -10.22%.
|Return Summary for Oil and Gas Drillers Stocks|
|Current Value of Investment||$3,688.40|
|Number Profitable Returns||1,169|
|Percent Profitable Returns||18.81%|
|Number Unprofitable Returns||5,047|
|Percent Unprofitable Returns||81.19%|
|Profitable to Unprofitable Returns Ratio||0.23|
NOTE: The stocks included in the tables and chart are representative of the industry. They are not recommendations.