• user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 516419 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT COUNT(sid) AS count FROM sessions WHERE timestamp >= 1418993123 AND uid = 0 in /var/www/www.fnno.com/htdocs/includes/session.inc on line 111.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT DISTINCT u.uid, u.name, s.timestamp FROM users u INNER JOIN sessions s ON u.uid = s.uid WHERE s.timestamp >= 1418993123 AND s.uid > 0 ORDER BY s.timestamp DESC in /var/www/www.fnno.com/htdocs/modules/user/user.module on line 765.

Lowest PEG Ratio in the Oil & Gas Equipment & Services Industry Detected for Superior Energy Services (SPN, TS, IO)

Published on Wed, 06/12/2013 - 11:06
By Adrienne Chilton

Below are the three companies in the Oil & Gas Equipment & Services industry with the lowest price to earnings to growth (PEG) ratios. PEG is valuable in assessing the tradeoff between the price of a stock and expected growth. Generally, the lower the PEG, the better.

Superior Energy Services (NYSE:SPN) is lowest with a PEG ratio of 0.64. Superior Energy Services, Inc. provides specialized oilfield services and equipment. The Company conducts operations offshore in the Gulf of Mexico and throughout the Gulf Coast region. Superior leases oilfield equipment, provides oil and gas well plug and abandonment services, and provides other equipment and services.

There is potential upside of 26.4% for shares of Superior Energy Services based on a current price of $26.31 and an average consensus analyst price target of $33.27. The stock should hit resistance at its 50-day moving average (MA) of $26.52, as well as support at its 200-day MA of $23.48.

Following is Tenaris (NYSE:TS) with a PEG ratio of 0.66.

Finishing up the bottom three is ION Geophysical (NYSE:IO), with a PEG ratio of 0.75.

By Adrienne Chilton
achilton@fnno.com

Latest News from FNNO

Shares of Western Digital Rise Above Pre...

Shares of Western Digital (NYSE:WDC) traded today at $112.21, breaking its 52-week high ...

WellCare Health Plans: The Winning Strea...

Shares of WellCare Health Plans (NYSE:WCG) traded at a new 52-week high today of $79.34 ...

Shares of Vornado Realty Trust Rise Abov...

Shares of Vornado Realty Trust (NYSE:VNO) traded at a new 52-week high today of $115.96 ...

Watch for Continued Losses in Shares of ...

Shares of UQM Technologies (AMEX:UQM) traded at a new 52-week low today of $0.85. Appr ...

Universal Electronics Looks to Continue ...

Shares of Universal Electronics (NASDAQ:UEIC) traded today at $63.71, breaking its 52-w ...

Shares of United Community Financial Ris...

Shares of United Community Financial (NASDAQ:UCFC) traded today at $5.50, breaking its ...

TriQuint Semiconductor Looks to Continue...

TriQuint Semiconductor (NASDAQ:TQNT) traded at a new 52-week high today of $26.84. Thi ...

Shares of Target Have Risen Above Previo...

Target (NYSE:TGT) traded at a new 52-week high today of $74.87. So far today approxima ...