Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
Sixty Six Oilfield Services, Inc. sells and rents heavy oil field equipment to the oil and gas industry in the United States and internationally. It sells new and used heavy-weight drill pipes, drill collars, pup joints, pony collars, handling tools, tubing, casing, blow-out preventers, engines, compressors, custom drilling rigs, and related equipment; and rents heavy drill pipes on short and long term basis. The company also offers refurbishment, testing, and certification services for used and refurbished equipment, and parts. Sixty Six Oilfield Services, Inc. was founded in 1959 and is based in Oklahoma City, Oklahoma with additional facilities in Germany and Dubai.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. In particular, the stock is 'expensive' on EV/EBITDA.