CRR - 3 Oilfield Services Companies With The Lowest Free Cash Flow Generation Ability
Using cash flow-to-revenue ratio to find the troubled lot
In my previous article, I discussed the top three oilfield equipment & services (or OFS) companies by their ability to produce free cash flow (or FCF). I have used FCF-to-revenue as the metric to compare across the OFS industry. I have also explained in my previous series why the FCF-to-revenue ratio can be helpful in identifying the FCF-generating ability independent of the size of the company. Investors may want to find these underperformers in today’s weak energy price environment. In this series, we will analyze