• Return to Headlines

Top 5 Companies in the Oil & Gas Equipment & Services Industry With the Lowest P/E Ratio (MTRX, MDR, DRQ, NGS, FTI)

By Amy Schwartz

Below are the three companies in the Oil & Gas Equipment & Services industry with the lowest price to earnings (P/E) ratios. P/E is an important valuation tool when comparing companies in the same industry. A higher P/E ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with a lower P/E ratio.

Matrix Service ranks lowest with a a P/E ratio of 15.03. McDermott International is next with a a P/E ratio of 18.15. Dril-Quip ranks third lowest with a a P/E ratio of 20.46.

Natural Gas Services follows with a a P/E ratio of 42.06, and FMC Technologies rounds out the bottom five with a a P/E ratio of 49.14.

SmarTrend recommended that its subscribers protect gains by selling shares of Matrix Service on February 9th, 2017 by issuing a Downtrend alert when the shares were trading at $18.17. Since that call, shares of Matrix Service have fallen 10.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest p/e ratio matrix service mcdermott international dril-quip amex:ngs natural gas services FMC Technologies