Shares of Oil States International Rank the Lowest in Terms of EBITDA Growth in the Oil & Gas Equipment & Services Industry (OIS, RES, NR, NOV, HOS)
Below are the three companies in the Oil & Gas Equipment & Services industry with the lowest EBITDA Growth (next year estimate vs. LTM). EBITDA Growth can be valuable in predicting future cash flow generation and earnings power.
Oil States International ranks lowest with a EBITDA growth of -81.2%. Following is RPC with a EBITDA growth of -61.9%. Newpark Resources ranks third lowest with a EBITDA growth of -49.9%.
National Oilwell Varco follows with a EBITDA growth of -43.8%, and Hornbeck Offshore Services rounds out the bottom five with a EBITDA growth of -43.1%.
SmarTrend recommended that its subscribers protect gains by selling shares of Hornbeck Offshore Services on August 4th, 2016 by issuing a Downtrend alert when the shares were trading at $7.09. Since that call, shares of Hornbeck Offshore Services have fallen 23.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: lowest ebitda growth oil states international newpark resources national oilwell varco hornbeck offshore services