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The 5 Oilfield Companies with the Highest Net Debt-to-Equity

Alex Chamberlin
The 5 Oilfield Companies with the Highest Net Debt-to-Equity

In this series, we’ll analyze the five OFS (oilfield equipment and services) companies with the highest net debt-to-equity ratios in the industry in the first quarter. It’s calculated by dividing the company’s net debt by its stockholders’ equity. Net debt is the sum of a company’s short- and long-term debt less its cash and cash equivalents.