Top 5 companies by annual revenue growth
In this series, we’ll take a look at the top five upstream companies that are expected to post the highest revenue growth for fiscal 2017 compared to fiscal 2016.
The data we’ll use will be based on the upstream companies included in these three key energy sector ETFs:
CDEV and JAG: Newer companies to post significant revenue growth
Analysts expect CDEV to post revenue growth of over 300% in fiscal 2017 compared to fiscal 2016. JAG’s annual revenue growth is expected to be 250% in the same period.
We’ll be looking at individual trends in these companies in the next parts of these series.
SRCI, PDCE, and RSPP
SRC Energy (SRCI), PDC Energy (PDCE), and RSP Permian (RSPP) are also expected to post significant revenue growth in fiscal 2017. SRCIs revenue growth is expected to be over 200% compared to fiscal 2016 levels while PDCE’s revenue growth in fiscal 2017 is expected to be 150% compared to fiscal 2016. Finally, RSPP’s revenue in fiscal 2017 is expected to be over 100% compared to fiscal 2016 levels.
Continue to the next part of this series for a closer look at the individual revenue trends for these companies.