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Returns: Oilfield Services Stocks with High and Low Implied Volatility

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Returns of OFS stocks with high implied volatilities

As we saw in the previous part of this series, Seadrill (SDRL) had the highest implied volatility figure among all of the OFS (oilfield services) companies on July 26, 2016. The stock has fallen 13.8% on a YTD (year-to-date) basis. In the last five days, it has fallen 1.9%.

Below are the YTD returns of the OFS stocks with the highest implied volatilities:

  • Tidewater (TDW) at -35.8%
  • CARBO Ceramics (CRR) at -30.6%
  • Weatherford International (WFT) at -29.1%
  • ENSCO (ESV ) at -40.1%

Here are the five-day returns for these stocks:

  • Tidewater at -4.9%
  • CARBO Ceramics at -7.2%
  • Weatherford International at 0.34%
  • ENSCO at -8.1%
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Returns of OFS stocks with low implied volatilities

As we saw previously in this series, Schlumberger (SLB) had the lowest implied volatility figure among all of the OFS companies on July 26, 2016. Below are the YTD returns of Schlumberger and the other OFS stocks we identified as having low implied volatilities:

  • Schlumberger (SLB) – 15.6%
  • Halliburton (HAL) – 27.0%
  • Core Laboratories (CLB) – 8.2%
  • FMC Technologies (FTI) at -12.5%
  • Tenaris S.A. (TS) – 14.0%

Now, let’s look at the five-day returns for these stocks:

  • Schlumberger – 0.99%
  • Halliburton at -3.9%
  • Core Laboratories at -4.3%
  • FMC Technologies at -7.4%
  • Tenaris S.A. at -1.9%
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