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Patterson-UTI Energy has the Lowest Free Cash Flow Per Share in the Oil & Gas Drilling Industry (PTEN, RIG, NE, ESV, HP)

By Shiri Gupta

Below are the three companies in the Oil & Gas Drilling industry with the lowest (positive) free cash flow per share. FCF/share is a valuable metric signaling a company's ability to facilitate growth in the business.

Patterson-UTI Energy ranks lowest with a FCF per share of $1.27. Transocean is next with a FCF per share of $1.54. Noble ranks third lowest with a FCF per share of $1.93.

ENSCO International follows with a FCF per share of $2.71, and Helmerich & Payne rounds out the bottom five with a FCF per share of $4.60.

SmarTrend recommended that its subscribers protect gains by selling shares of ENSCO International on February 8th, 2017 by issuing a Downtrend alert when the shares were trading at $9.91. Since that call, shares of ENSCO International have fallen 42.4%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest free cash flow per share patterson-uti energy Transocean Noble ensco international helmerich & payne

Ticker(s): PTEN RIG NE ESV HP