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Highest EBITDA Growth in the Oil & Gas Drilling Industry Detected in Shares of Patterson-Uti (PTEN, UNT, NBR, HP, RIG)

By David Diaz

Below are the three companies in the Oil & Gas Drilling industry with the highest EBITDA Growth (next year estimate vs. LTM). EBITDA Growth can be valuable in predicting future cash flow generation and earnings power.

Patterson-Uti ranks highest with a EBITDA growth of 293.1%. Following is Unit Corp with a EBITDA growth of 189.8%. Nabors Inds Ltd ranks third highest with a EBITDA growth of 55.8%.

Helmerich & Payn follows with a EBITDA growth of 44.5%, and Transocean Ltd rounds out the top five with a EBITDA growth of -49.1%.

SmarTrend recommended that its subscribers protect gains by selling shares of Nabors Inds Ltd on February 7th, 2017 by issuing a Downtrend alert when the shares were trading at $15.63. Since that call, shares of Nabors Inds Ltd have fallen 56.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest ebitda growth patterson-uti unit corp nabors inds ltd helmerich & payn transocean ltd

Ticker(s): PTEN UNT NBR HP RIG