• Return to Headlines

Lowest Return on Equity in the Oil & Gas Drilling Industry Detected in Shares of Seadrill Ltd (SDRL, RIG, NBR, ICD, NE)

By Nick Russo

Below are the three companies in the Oil & Gas Drilling industry with the lowest 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.

Seadrill Ltd ranks lowest with a ROE of -13,638.6%. Following is Transocean Ltd with a ROE of -2,336.7%. Nabors Inds Ltd ranks third lowest with a ROE of -1,868.0%.

Independence Con follows with a ROE of -918.1%, and Noble Corp Plc rounds out the bottom five with a ROE of -683.6%.

SmarTrend is tracking the current trend status for Seadrill Ltd and will alert subscribers who have SDRL in their portfolio or watchlist when shares have changed trend direction.

Keywords: lowest return on equity seadrill ltd transocean ltd nabors inds ltd independence con noble corp plc