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Relatively High EBITDA Growth Detected in Shares of Noble Energy Inc in the Oil & Gas Exploration & Production Industry (NBL, BBG, COG, REI, WPX)

By Nick Russo

Below are the three companies in the Oil & Gas Exploration & Production 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.

Noble Energy Inc ranks highest with a EBITDA growth of 406.4%. Following is Bill Barrett Cor with a EBITDA growth of 399.6%. Cabot Oil & Gas ranks third highest with a EBITDA growth of 339.2%.

Ring Energy Inc follows with a EBITDA growth of 250.4%, and Wpx Energy rounds out the top five with a EBITDA growth of 157.7%.

SmarTrend recommended that its subscribers protect gains by selling shares of Ring Energy Inc on July 31st, 2018 by issuing a Downtrend alert when the shares were trading at $12.20. Since that call, shares of Ring Energy Inc have fallen 43.4%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest ebitda growth noble energy inc bill barrett cor cabot oil & gas amex:rei ring energy inc wpx energy

Ticker(s): NBL BBG COG WPX