Oil Equipment, Services & Distribution sector monthly seasonality analysis

The 2013 edition of the Almanac looks at the historic monthly performance of the FTSE 350 sectors. Here we look at the Oil Equipment, Services & Distribution sector.

The following chart plots the average out-performance of the FTSE 350 Oil Equipment, Services & Distribution sector over the FTSE 100 Index by month since 2006. For example, since 2006 on average the sector has out-performed the FTSE 100 Index by 4.1 percentage points in February.

Observations:

  1. The strongest months have been February and March – the sector has out-performed the market in March every year since 2006.
  2. Although the sector has under-performed the market by an average 1.7 percentage points in September since 2006, it has actually out-performed the market in four of those years and so has not been consistently weak in September.

The five stocks in the FTSE 350 Oil Equipment, Services & Distribution sector [NMX0570] are-

AMEC [AMEC] Kentz Corporation Ltd [KENZ]
Hunting [HTG] Petrofac Ltd [PFC]
John Wood Group [WG.]
Social Share Toolbar