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Top 5 Companies in the Oil & Gas Drilling Industry With the Highest Debt to EBITDA Ratio (ESV, NE, SDRL, ICD, NBR)

By James Quinn

Below are the three companies in the Oil & Gas Drilling industry with the highest debt to EBITDA ratios. This ratio indicates how many years of EBITDA would be necessary in order to pay back all the debt (assuming Debt and EBITDA are constant). Typically, this ratio is considered to be alarming when it is greater than 3.0 but this can vary and should be looked at within the context of the industry.

Ensco Plc-Cl A ranks highest with a a debt to EBITDA ratio of 23.8. Following is Noble Corp Plc with a a debt to EBITDA ratio of 14.0. Seadrill Ltd ranks third highest with a a debt to EBITDA ratio of 8.2.

Independence Con follows with a a debt to EBITDA ratio of 7.3, and Nabors Inds Ltd rounds out the top five with a a debt to EBITDA ratio of 7.2.

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Keywords: highest debt to ebitda ratio ensco plc-cl a noble corp plc seadrill ltd independence con nabors inds ltd

Ticker(s): ESV NE SDRL ICD NBR