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Lowest Projected Earnings Growth in the Oil & Gas Exploration & Production Industry Detected in Shares of Diamondback Ener (FANG, DVN, NFX, EQT, RICE)

By Amy Schwartz

Below are the three companies in the Oil & Gas Exploration & Production industry with the lowest projected earnings growth. The growth of earnings per share (current fiscal year estimated vs. last year actual) is important to gauge future profitability and relative value. Higher EPS growth generally justifies higher earnings multiples.

Diamondback Ener ranks lowest with a projected earnings growth of 32.8%. Following is Devon Energy Co with a projected earnings growth of 33.0%. Newfield Explora ranks third lowest with a projected earnings growth of 41.1%.

Eqt Corp follows with a projected earnings growth of 41.4%, and Rice Energy Inc rounds out the bottom five with a projected earnings growth of 45.0%.

SmarTrend recommended that subscribers consider buying shares of Rice Energy Inc on June 19th, 2017 as our technology indicated a new Uptrend was in progress when shares hit $24.99. Since that recommendation, shares of Rice Energy Inc have risen 17.4%. We continue to monitor Rice Energy Inc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest projected earnings growth diamondback ener devon energy co newfield explora eqt corp :rice rice energy inc

Ticker(s): FANG DVN NFX EQT