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Analysts’ Views on the Lowest Net Debt-To-Equity Oilfield Stocks

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Analysts’ recommendations

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BHGE sees “buy” recommendations

Of the analysts tracking Baker Hughes, a GE company (BHGE), on April 10, 2018, ~47% recommended “buy” or some equivalent and ~53% recommended “hold.” There were no “sell” recommendations. Analysts’ consensus target price for BHGE was ~$35.80 on April 10 and it was trading near $29.40, implying a 22% return over the next 12 months.

Recommendations for DRQ, OIS, RES, and TS

Of the analysts tracking Dril-Quip (DRQ), ~21% have recommended “buy” and ~79% have recommended “hold.” There were no “sell” recommendations. Analysts’ consensus target price for DRQ was ~$46.20 on April 10 and it was trading near $43.60, implying a ~6% return over the next 12 months.

Of the analysts tracking Oil States International (OIS), ~35% have recommended “buy” or some equivalent and ~65% have recommended “hold.” There were no “sell” recommendations. Analysts’ consensus target price for OIS was ~$28.90 on April 10 and it was trading near $27.40, implying a ~6% return over the next 12 months.

Of the analysts tracking RPC (RES), ~23% have recommended “buy” or some equivalent, ~73% have recommended “hold,” and ~4% have recommended “sell.” Analysts’ consensus target price for RES was $22.90 on April 10 and it was trading near $16.70, implying a ~37% return over the next 12 months.

Of the analysts tracking Tenaris (TS), ~42% have recommended “buy” or some equivalent, ~53% have recommended “hold,” and 5% have recommended “sell.” Analysts’ consensus target price for TS was ~$37.50 on April 10 and it was trading near $35.10, implying a ~7% return over the next 12 months.

To learn more about the OFS industry, read Market Realist’s The Oilfield Equipment and Services Industry: A Primer and Ranking the 5 Worst OFS Companies by Market Returns in 2018.

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