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Top 5 Companies in the Oil & Gas Drilling Industry With the Highest EBITDA Growth (ICD, NBR, ESV, PTEN, HP)

By David Diaz

Below are the three companies in the Oil & Gas Drilling 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.

Independence Con ranks highest with a EBITDA growth of 437.2%. Nabors Inds Ltd is next with a EBITDA growth of 78.6%. Ensco Plc-Cl A ranks third highest with a EBITDA growth of 78.0%.

Patterson-Uti follows with a EBITDA growth of 74.3%, and Helmerich & Payn rounds out the top five with a EBITDA growth of 40.2%.

SmarTrend recommended that its subscribers protect gains by selling shares of Ensco Plc-Cl A on October 24th, 2018 by issuing a Downtrend alert when the shares were trading at $7.58. Since that call, shares of Ensco Plc-Cl A have fallen 32.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest ebitda growth independence con nabors inds ltd ensco plc-cl a patterson-uti helmerich & payn

Ticker(s): ICD NBR ESV PTEN HP