Noble Corp (ne) Most Bought Oil And Gas Drilling Stock By Number Of Institutions

Jan. 31, 2011 - PRLog -- MFFAIS.com featured their Quarterly Oil And Gas Drilling Industry Rundown. Mffais.com compiles the statistics from recent SEC filings by mutual funds and institutions to determine the positions taken and confidence in stocks by professional mutual fund managers and institutional investors.

Highlights included:

* Noble Corp (NE) leads industry in number of funds buying shares 13.03% of industry buys

* Seadrill Ltd (SDRL) had the highest overall confidence score (relation of funds buying versus fund selling)

* Helmerich Payne Inc (HP) had second highest number of funds buying shares 11.07% of industry buys

* Karoon Gas Australia Ltd (KRNGF) had the second highest overall confidence score (relation of funds buying versus fund selling)

* The top 30 moves by funds in the industry by value of trade shows:

a) 63.33% buys versus 36.66% sells
b) Ensco Plc (ESV) buys were 20.00% of all activity, 31.57% of number of buys and 44.63% of value of buy trades
c) Diamond Offshore Drilling Inc (DO) buys were 10.00% of all activity, 15.78% of number of buys and 14.65% of value of buy trades

*  When institutions own multiple industry stocks, the most bought industry stock was Helmerich Payne Inc (HP)

*  When institutions own multiple industry stocks, the most sold industry stock was Nabors Industries Ltd (NBR)


For details and the full report, including purchasing history and buying patterns, please visit http://www.mffais.com

# # #

MFFAIS.com is the leading source of unique stock market research dedicated to providing individual investors with information listed on public record as fast as possible in an accessible and useful format