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What Are Oilfield Services Stocks’ Implied Volatilities?

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OFS stocks with high implied volatilities

As of June 28, 2016, Tidewater (TDW) had the highest implied volatility figures among all of the OFS (oilfield services) companies. Its implied volatility was 114.01. Its 15-day average implied volatility was 102.78. Its current volatility is ~10.9% above its 15-day average.

Now, let’s take a look at the volatilities of other OFS stocks as of June 28, 2016:

  • SeaDrill Limited (SDRL) – 111.42 (10.9% less than its 15-day average)
  • CARBO Ceramics (CRR) – 84.60 (3.1% more than its 15-day average)
  • Weatherford International (WFT) – 73.20 (2% less than its 15-day average)
  • McDermott International (MDR) – 69.70 (11.3% more than its 15-day average)
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OFS stocks with low implied volatilities

On June 28, 2016, Schlumberger (SLB) had the lowest implied volatility figures among OFS companies. Its implied volatility was 26.88. Its 15-day average implied volatility was 25.56. Its current implied volatility is 5.2% higher than its 15-day average.

Let’s look at some other OFS stocks with low implied volatilities as of June 28, 2016:

  • Halliburton (HAL) – 33.20 (6.5% more than its 15-day average)
  • Baker Hughes Incorporated (BHI) – 37.97 (3.1% less than its 15-day average)
  • Tenaris (TS) – 38.96 (5.6% less than its 15-day average)
  • FMC Technologies (FTI) – 39.4 (8.4% more than its 15-day average)
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