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Relatively Low Debt-to-Capital Ratio Detected in Shares of Helmerich & Payn in the Oil & Gas Drilling Industry (HP, SDRL, ICD, PTEN, ATW)

By Shiri Gupta

Below are the three companies in the Oil & Gas Drilling industry with the lowest Debt-to-Capital ratios. The debt-to-capital ratio is an important measure of how a company is financing its operations along with some insight into its financial strength, relative to other companies in its industry.

Helmerich & Payn ranks lowest with a a Debt-to-Capital ratio of 1,058.3%. Following is Seadrill Ltd with a a Debt-to-Capital ratio of 1,592.4%. Independence Con ranks third lowest with a a Debt-to-Capital ratio of 1,746.0%.

Patterson-Uti follows with a a Debt-to-Capital ratio of 1,787.4%, and Atwood Oceanics rounds out the bottom five with a a Debt-to-Capital ratio of 2,753.4%.

SmarTrend recommended that subscribers consider buying shares of Atwood Oceanics on September 13th, 2017 as our technology indicated a new Uptrend was in progress when shares hit $7.76. Since that recommendation, shares of Atwood Oceanics have risen 20.2%. We continue to monitor Atwood Oceanics for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest debt-to-capital ratio helmerich & payn seadrill ltd independence con patterson-uti :atw atwood oceanics

Ticker(s): HP SDRL ICD PTEN