The Oil and Gas drilling group is at new highs after consolidating for much of 2006 and is one of the top rated groups in FusionIQ. As seen in the attached table almost all the issues within the group have high FusionIQ scores with the exception of PKD. This is clearly one of the markets new leadership areas and investors should look to increase exposure to this group.
Symbol |
Group |
Tech |
|
PDC |
PIONEER DRILLING COMPANY |
100 |
|
PDE |
PRIDE INTERNATIONAL INC |
100 |
|
RDC |
ROWAN COMPANIES INC |
100 |
|
HP |
HELMERICH & PAYNE |
100 |
|
ESV |
ENSCO INTERNATIONAL INC |
100 |
|
ATW |
ATWOOD OCEANICS INC |
100 |
|
ATLS |
ATLAS AMERICA INC |
100 |
|
DO |
DIAMOND OFFSHORE |
98 |
|
NBR |
Nabors Industries Ltd |
96 |
|
NE |
Noble Corp |
96 |
|
RIG |
Transocean Inc |
96 |
|
BRNC |
Bronco Drilling Co Inc |
88 |
|
PTEN |
PATTERSON-UTI ENERGY INC |
88 |
|
GW |
GREY WOLF INC |
81 |
|
PDS |
Precision Drilling Trust |
75 |
|
PKD |
PARKER DRILLING CO |
45 |
|