• Return to Headlines

Relatively Low Price to Book Ratio Detected in Shares of Unit Corp in the Oil & Gas Drilling Industry (UNT, NE, SDRL, ICD, DO)

By Nick Russo

Below are the three companies in the Oil & Gas Drilling industry with the lowest price to book ratios. Often companies with the lowest ratio present the greatest value to investors.

Unit Corp ranks lowest with a a price to book ratio of 0.01. Following is Noble Corp Plc with a a price to book ratio of 0.03. Seadrill Ltd ranks third lowest with a a price to book ratio of 0.03.

Independence Con follows with a a price to book ratio of 0.05, and Diamond Offshore rounds out the bottom five with a a price to book ratio of 0.09.

SmarTrend recommended that its subscribers protect gains by selling shares of Seadrill Ltd on January 13th, 2020 by issuing a Downtrend alert when the shares were trading at $1.82. Since that call, shares of Seadrill Ltd have fallen 44.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest price to book ratio unit corp noble corp plc seadrill ltd independence con diamond offshore

Ticker(s): UNT NE SDRL ICD DO