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Top 5 Companies in the Oil & Gas Equipment & Services Industry With the Lowest Debt-to-Capital Ratio (DRQ, NGS, FI, OIS, MTRX)

By David Diaz

Below are the three companies in the Oil & Gas Equipment & Services 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.

Dril-Quip Inc ranks lowest with a a Debt-to-Capital ratio of 15.4%. Following is Natural Gas Serv with a a Debt-to-Capital ratio of 17.9%. Frank'S Internat ranks third lowest with a a Debt-to-Capital ratio of 42.1%.

Oil States Intl follows with a a Debt-to-Capital ratio of 46.4%, and Matrix Service rounds out the bottom five with a a Debt-to-Capital ratio of 1,219.2%.

SmarTrend recommended that its subscribers protect gains by selling shares of Matrix Service on February 6th, 2018 by issuing a Downtrend alert when the shares were trading at $16.92. Since that call, shares of Matrix Service have fallen 8.7%. 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 dril-quip inc natural gas serv frank's internat oil states intl matrix service

Ticker(s): DRQ NGS FI OIS MTRX