Notable companies
The most notable companies in this group are Schlumberger Limited (NYSE:SLB), Halliburton Company (NYSE:HAL).
Industry description
The investment seeks capital appreciation.
Under normal circumstances, the fund invests substantially all (at least 80%) of its net assets in equity securities of Energy Services Companies that are traded in the United States and in derivatives, which primarily consist of futures contracts and options on securities, futures contracts, and stock indices. It may invest to a significant extent in the securities of Energy Services Companies that have small to mid-sized capitalizations. The fund also may purchase American Depositary Receipts ("ADRs") to gain exposure to foreign Energy Services Companies and U.S. government securities. It is non-diversified.
Market Cap
The average market capitalization across the Rydex Energy Services A MF is 19.86B. The market cap for tickers in the group ranges from 4.8B to 79.1B. SLB holds the highest valuation in this group at 79.1B. The lowest valued company is PTEN at 4.8B.
Volume
The average weekly volume growth across all stocks in the Rydex Energy Services A MF was 57%. For the same stocks of the MF, the average monthly volume growth was 66% and the average quarterly volume growth was 29%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 44
P/E Growth Rating: 72
Price Growth Rating: 69
SMR Rating: 50
Profit Risk Rating: 64
Seasonality Score: 50 (-100 ... +100)