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Helmerich & Payn is Among the Companies in the Oil & Gas Drilling Industry With the Lowest Debt-to-Capital Ratio (HP, SDRL, ICD, ATW, RDC)

By James Quinn

Below are the three companies in the Oil & Gas Drilling industry with the lowest Debt-to-Capital ratios. The debt-to-capital ratio is an important measure of how a company is financing its operations along with some insight into its financial strength, relative to other companies in its industry.

Helmerich & Payn ranks lowest with a a Debt-to-Capital ratio of 1,058.3%. Following is Seadrill Ltd with a a Debt-to-Capital ratio of 1,592.4%. Independence Con ranks third lowest with a a Debt-to-Capital ratio of 1,746.0%.

Atwood Oceanics follows with a a Debt-to-Capital ratio of 2,753.4%, and Rowan Companie-A rounds out the bottom five with a a Debt-to-Capital ratio of 3,179.0%.

SmarTrend recommended that its subscribers protect gains by selling shares of Rowan Companie-A on February 27th, 2019 by issuing a Downtrend alert when the shares were trading at $11.57. Since that call, shares of Rowan Companie-A have fallen 5.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest debt-to-capital ratio helmerich & payn seadrill ltd independence con :atw atwood oceanics rowan companie-a

Ticker(s): HP SDRL ICD RDC