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Shares of Patterson-Uti Rank the Highest in Terms of Sales Growth in the Oil & Gas Drilling Industry (PTEN, ICD, UNT, NBR, HP)

By James Quinn

Below are the three companies in the Oil & Gas Drilling industry with the highest sales growth.

Patterson-Uti ranks highest with a sales growth of 15,731.8%. Independence Con is next with a sales growth of 2,846.8%. Unit Corp ranks third highest with a sales growth of 2,091.7%.

Nabors Inds Ltd follows with a sales growth of 1,510.2%, and Helmerich & Payn rounds out the top five with a sales growth of 1,111.3%.

SmarTrend recommended that its subscribers protect gains by selling shares of Unit Corp on January 3rd, 2020 by issuing a Downtrend alert when the shares were trading at $0.62. Since that call, shares of Unit Corp have fallen 50.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest sales growth patterson-uti independence con unit corp nabors inds ltd helmerich & payn

Ticker(s): PTEN ICD UNT NBR HP