TMCnet News
Top 5 Companies in the Oil & Gas Drilling Industry With the Highest Return on Equity (SDRL, HP, ATW, PTEN, ESV)Feb 14, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Oil & Gas Drilling industry with the highest return on equity. The ROE is a general indication of the company's efficiency; investors usually look for companies with ROEs that are high and are growing.Seadrill ranks highest with a ROE of 16.3%. Helmerich & Payne is next with a ROE of 16.0%. Atwood Oceanics ranks third highest with a ROE of 15.0%. Patterson-UTI Energy follows with a ROE of 12.9%, and ENSCO International rounds out the top five with a ROE of 10.5%. SmarTrend recommended that subscribers consider buying shares of ENSCO International on November 27th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $57.44. Since that recommendation, shares of ENSCO International have risen 11.7%. We continue to monitor ENSCO International for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup |