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Helmerich & Payn has the Highest Return on Equity in the Oil & Gas Drilling Industry (HP, UNT, DO, ATW, RDC)

By Shiri Gupta

Below are the three companies in the Oil & Gas Drilling industry with the highest return on equity. The ROE is a general indication of the company's efficiency; investors usually look for companies with ROEs that are high and are growing.

Helmerich & Payn ranks highest with a ROE of 998.8%. Following is Unit Corp with a ROE of 854.2%. Diamond Offshore ranks third highest with a ROE of 36.9%.

Atwood Oceanics follows with a ROE of -58.3%, and Rowan Companie-A rounds out the top five with a ROE of -94.0%.

SmarTrend recommended that its subscribers protect gains by selling shares of Rowan Companie-A on February 27th, 2019 by issuing a Downtrend alert when the shares were trading at $11.57. Since that call, shares of Rowan Companie-A have fallen 5.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest return on equity helmerich & payn unit corp diamond offshore :atw atwood oceanics rowan companie-a

Ticker(s): HP UNT DO RDC