Transocean is Among the Companies in the Oil & Gas Drilling Industry With the Highest Level of Cash (RIG, SDRL, ESV, HP, RDC)
Below are the three companies in the Oil & Gas Drilling industry with the highest cash equivalents (CE). Analysts use CE as a measure to compare the cash cushion of companies in the same industry.
Transocean ranks highest with a CE of $2,000. Seadrill is next with a CE of $2,000. ENSCO International ranks third highest with a CE of $1,000.
Helmerich & Payne follows with a CE of $764, and Rowan rounds out the top five with a CE of $290.
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Keywords: highest level of cash Transocean seadrill ensco international helmerich & payne rowan