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Shares of Independence Con Rank the Highest in Terms of EBITDA Growth in the Oil & Gas Drilling Industry (ICD, NBR, ESV, HP, NE)

By David Diaz

Below are the three companies in the Oil & Gas Drilling industry with the highest EBITDA Growth (next year estimate vs. LTM). EBITDA Growth can be valuable in predicting future cash flow generation and earnings power.

Independence Con ranks highest with a EBITDA growth of 437.2%. Following is Nabors Inds Ltd with a EBITDA growth of 78.6%. Ensco Plc-Cl A ranks third highest with a EBITDA growth of 78.0%.

Helmerich & Payn follows with a EBITDA growth of 40.2%, and Noble Corp Plc rounds out the top five with a EBITDA growth of 30.9%.

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

Keywords: highest ebitda growth independence con nabors inds ltd ensco plc-cl a helmerich & payn noble corp plc

Ticker(s): ICD NBR ESV HP NE