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Relatively High Debt to Asset Ratio Detected in Shares of Cheniere Energy in the Oil & Gas Storage & Transportation Industry (LNG, GLOG, TK, OKE, SEMG)

Jan 11, 2019 (SmarTrend(R) News Watch via COMTEX) --

Below are the three companies in the Oil & Gas Storage & Transportation 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.Cheniere Energy ranks highest with a a debt to asset ratio of 90.79. Following is Gaslog Ltd with a a debt to asset ratio of 59.57. Teekay Corp ranks third highest with a a debt to asset ratio of 56.57.

Oneok Inc follows with a a debt to asset ratio of 54.25, and Semgroup Corp-A rounds out the top five with a a debt to asset ratio of 53.17.

SmarTrend recommended that its subscribers protect gains by selling shares of Teekay Corp on November 14th, 2018 by issuing a Downtrend alert when the shares were trading at $6.35. Since that call, shares of Teekay Corp have fallen 37.6%. 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

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