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Noble Corp Plc has the Highest Enterprise Value to Sales Ratio in the Oil & Gas Drilling Industry (NE, ESV, SDRL, RIG, HP)

By Nick Russo

Below are the three companies in the Oil & Gas Drilling industry with the highest Enterprise Value (EV) to Sales ratios. EV/Sales gives investors an idea of how much it costs to buy the company's sales and the lower the ratio, the more undervalued the company is believed to be.

Noble Corp Plc ranks highest with a EV/Sales of 4.09. Following is Ensco Plc-Cl A with a EV/Sales of 3.85. Seadrill Ltd ranks third highest with a EV/Sales of 3.74.

Transocean Ltd follows with a EV/Sales of 3.25, and Helmerich & Payn rounds out the top five with a EV/Sales of 3.11.

SmarTrend recommended that its subscribers protect gains by selling shares of Noble Corp Plc on October 23rd, 2018 by issuing a Downtrend alert when the shares were trading at $5.87. Since that call, shares of Noble Corp Plc have fallen 15.1%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest enterprise value to sales ratio noble corp plc ensco plc-cl a seadrill ltd transocean ltd helmerich & payn