Oil & gas drilling

7 companies · $16.8B combined revenue · $-1435M operating profit

Open in ScreenerAsk AI about oil & gas drilling

The typical US-listed oil & gas drilling company grew revenue 7.9% and earnings -117% in its latest year, at a 0.6% operating margin, and 0 of 7 earn a return on capital above 15%. Figures from each company's latest annual filing with the SEC, refreshed daily.

7.9%Median revenue growth
-117%Median earnings growth
18%Median revenue growth, 3 yrs
42.9%Median earnings growth, 3 yrs
0.6%Median operating margin
0.3%Median ROCE
Fastest revenue growthHelmerich & Payne HP34%Fastest earnings growthValaris VAL163%Highest ROCEValaris VAL10.3%Biggest margin gainValaris VAL+338.6 pts

Growth engines: the 4 Cylinders

All four working: 0% of companies

A company's earnings per share can grow in only four ways: more sales, profits growing faster than sales (operating leverage), wider margins, and less debt. Each bar is the share of companies where that engine worked in their latest year.

  • Sales growth · Revenue up 10% or more43%
  • Operating leverage · Operating income growing faster than a growing revenue20%
  • Margin expansion · Operating margin up 1 point or more29%
  • Debt reduction · Debt down 5% or more, or net cash17%

Combined revenue · 6 companies reporting in US dollars

Revenue
$0$5B$10B$15B$20BFY22FY23FY24FY25

Combined operating margin

Operating margin
−10%0%10%20%FY22FY23FY24FY25

All 7 companies

Median–7.9%-117%0.6%0.3%0.41x
NENoble$3.3B7.4%▼-51.7%▲12.6%▲6.1%▲0.43x▼
RIGTransocean$4.0B12.5%▲–-58.9%▼-16.3%▼0.70x▼
VALValaris$12M24%▲163%▲4008%▲10.3%▲0.34x▲
PTENPatterson Uti Energy$4.8B-9.8%▼–-0.9%▼-0.9%▼0.38x▲
HPHelmerich & Payne$3.7B34%▲-148%▼0.1%▼0.1%▼0.73x▼
BTEBaytex EnergyCAD 1.5B-8.2%▼-355%▼0.6%0.3%–
SDRLSeadrill$1.1B7.9%-117%4.3%▲1.3%▲0.21x▲

▲ better than the median, ▼ worse. n/a: the ratio doesn't apply to that kind of business (e.g. a bank's operating margin). Sort by any column. Figures from each company's latest 10-K (or 20-F/40-F).