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Lowest Return on Equity in the Oil & Gas Equipment & Services Industry Detected in Shares of Tidewater Inc (TDW, TTI, GEOS, RNET, FTI)

By Nick Russo

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

Tidewater Inc ranks lowest with a ROE of -13,180.4%. Following is Tetra Technologi with a ROE of -4,296.8%. Geospace Technol ranks third lowest with a ROE of -2,600.3%.

Rignet Inc follows with a ROE of -1,755.8%, and Technipfmc Plc rounds out the bottom five with a ROE of -1,719.1%.

SmarTrend recommended that its subscribers protect gains by selling shares of Geospace Technol on January 10th, 2020 by issuing a Downtrend alert when the shares were trading at $15.26. Since that call, shares of Geospace Technol have fallen 8.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest return on equity tidewater inc tetra technologi geospace technol rignet inc technipfmc plc