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 7 drilling stocks.
|7 Oil and Gas Drillers Stocks|
|Helmerich & Payne||HP|
|Price charts from Alpha Vantage 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 Alpha Vantage.All 7 stocks are included in the portfolio computations. The current value of the portfolio assumes that $1,428.57 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.
The current value of a $10,000 investment is $6,341. The percent return is -36.59%. The annualized return is -8.71%.
Portfolio Value Chart for Last 100 Daily Closes
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