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.
Here is a table of 10 oil service stocks.
|10 Oil Service Stocks|
Stock Returns & Price Chart
Recent Prices &
|MDU Resources Group||MDU|
|National Oilwell Varco||NOV|
|Price data from Quandl as of most recent close.|
To inspect the performance of the Oil Service Stocks portfolio, see the chart below. Portfolio values are computed using monthly closes for stocks from Quandl.The 9 stocks included in the portfolio computations are: CRR, CLB, HAL, MDU, NOV, OII, RES, SLB and TDW. The current value of the portfolio assumes that $1,111.11 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. PUMP was excluded from the portfolio computations because of insufficient price data.
The current value of a $10,000 investment is $7,580. The percent return is -24.20%. The annualized return is -2.73%.
|Return Summary for Oil Service Stocks|
|Current Value of Investment||$7,579.81|
|Number Profitable Returns||3,058|
|Percent Profitable Returns||42.12%|
|Number Unprofitable Returns||4,202|
|Percent Unprofitable Returns||57.88%|
|Profitable to Unprofitable Returns Ratio||0.73|
NOTE: The stocks included in the tables and chart are representative of the industry. They are not recommendations.