Notable companies
The most notable companies in this group are Schlumberger Limited (NYSE:SLB), Halliburton Company (NYSE:HAL), Valaris Limited (NYSE:VAL), Transocean Ltd (NYSE:RIG).
Industry description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Range Global Offshore Oil Services Index.
The index is designed to track the performance of companies that are involved in the offshore oil services ecosystem, particularly in the areas of production, exploration, development, transportation, and distribution. Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in securities of offshore oil companies. The fund is non-diversified.
Market Cap
The average market capitalization across the Range Global Offshore Oil Services ETF ETF is 16.44B. The market cap for tickers in the group ranges from 127.82M to 79.1B. SLB holds the highest valuation in this group at 79.1B. The lowest valued company is SMHI at 127.82M.
High and low price notable news
The average weekly price growth across all stocks in the Range Global Offshore Oil Services ETF ETF was 4%. For the same ETF, the average monthly price growth was 8%, and the average quarterly price growth was -15%. RIG experienced the highest price growth at 10%, while HAL experienced the biggest fall at -1%.
Volume
The average weekly volume growth across all stocks in the Range Global Offshore Oil Services ETF ETF was -8%. For the same stocks of the ETF, the average monthly volume growth was -66% and the average quarterly volume growth was -2%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 49
P/E Growth Rating: 78
Price Growth Rating: 60
SMR Rating: 60
Profit Risk Rating: 57
Seasonality Score: 30 (-100 ... +100)