Highest Return on Equity in the Oil & Gas Equipment & Services Industry Detected in Shares of Core Laboratories (CLB, FTI, OII, DRQ, CAM)
Below are the three companies in the Oil & Gas Equipment & Services 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.
Core Laboratories ranks highest with a ROE of 302.7%. FMC Technologies is next with a ROE of 19.6%. Oceaneering International ranks third highest with a ROE of 17.0%.
Dril-Quip follows with a ROE of 15.8%, and Cameron International rounds out the top five with a ROE of 13.7%.
SmarTrend recommended that its subscribers protect gains by selling shares of Oceaneering International on May 13th, 2016 by issuing a Downtrend alert when the shares were trading at $32.07. Since that call, shares of Oceaneering International have fallen 18.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: highest return on equity core laboratories FMC Technologies oceaneering international dril-quip Cameron International