Return to News Categories

ALL NEWS SECTIONS:
MOST POPULAR SECTIONS:
Cattle - Hogs / Livestock News Currencies News Energy News Grain News Index News Interest Futures News Metals Futures News Reports: Crops, CFTC, etc Soft Commodities News

Futures and Commodity Market News

Highest Debt to Asset Ratio in the Oil & Gas Refining & Marketing Industry Detected in Shares of Nustar Energy L P (NS, PEIX, CLNE, CVI, REGI)

Jun 13, 2019 (SmarTrend(R) News Watch via COMTEX) --

Below are the three companies in the Oil & Gas Refining & Marketing industry with the highest debt to asset ratios. The Debt/Asset ratio shows the proportion of a company's assets that are financed through debt. If the ratio is greater than one, most of the company's assets are financed through debt.Nustar Energy L P ranks highest with a a debt to asset ratio of 55.82. Pacific Ethanol is next with a a debt to asset ratio of 33.57. Clean Energy Fue ranks third highest with a a debt to asset ratio of 32.84.

Cvr Energy Inc follows with a a debt to asset ratio of 30.64, and Renewable Energy rounds out the top five with a a debt to asset ratio of 28.92.

SmarTrend recommended that its subscribers protect gains by selling shares of Renewable Energy on March 6th, 2019 by issuing a Downtrend alert when the shares were trading at $24.84. Since that call, shares of Renewable Energy have fallen 45.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Write to SmarTrend at cs@mysmartrend.com

---------------------------------------------------------------------------------------------

SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com

Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

Copyright, Comtex News Network, Inc. 2019

Please read the End User Agreement.
By accessing this page, you agree to the terms and conditions of the End User Agreement.

News provided by COMTEX.


Extreme Futures: Movers & Shakers

Hottest

Actives

Gainers

Today's Hottest Futures
Market Last Vol % Chg
Loading...

close_icon
open_icon