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%. RPC is next 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 subscribers consider buying shares of Newpark Resources on June 15th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $5.58. Since that recommendation, shares of Newpark Resources have risen 4.6%. We continue to monitor Newpark Resources for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest ebitda growth oil states international newpark resources national oilwell varco hornbeck offshore services