• Return to Headlines

Schlumberger Ltd is Among the Companies in the Oil & Gas Equipment & Services Industry With the Lowest Projected Earnings Growth (SLB, FTI, SLCA, RES, HAL)

By Amy Schwartz

Below are the three companies in the Oil & Gas Equipment & Services industry with the lowest projected earnings growth. The growth of earnings per share (current fiscal year estimated vs. last year actual) is important to gauge future profitability and relative value. Higher EPS growth generally justifies higher earnings multiples.

Schlumberger Ltd ranks lowest with a projected earnings growth of 37.2%. Technipfmc Plc is next with a projected earnings growth of 77.8%. Us Silica Holdin ranks third lowest with a projected earnings growth of 90.1%.

Rpc Inc follows with a projected earnings growth of 100.3%, and Halliburton Co rounds out the bottom five with a projected earnings growth of 101.3%.

SmarTrend recommended that its subscribers protect gains by selling shares of Rpc Inc on October 9th, 2019 by issuing a Downtrend alert when the shares were trading at $4.94. Since that call, shares of Rpc Inc have fallen 16.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest projected earnings growth schlumberger ltd technipfmc plc us silica holdin rpc inc halliburton co

Ticker(s): SLB FTI SLCA RES HAL