TMCnet News
Shares of StealthGas Rank the Lowest in Terms of P/E Ratio in the Oil & Gas Storage & Transportation Industry (GASS, SFL, NRGY, SXL, PAA)Apr 19, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Oil & Gas Storage & Transportation industry with the lowest price to earnings (P/E) ratios. P/E is an important valuation tool when comparing companies in the same industry. A higher P/E ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with a lower P/E ratio.StealthGas ranks lowest with a a P/E ratio of 7.44. Following is Ship Finance International with a a P/E ratio of 9.66. Inergy ranks third lowest with a a P/E ratio of 13.34. Sunoco Logistics Partners follows with a a P/E ratio of 14.65, and Plains All American Pipeline rounds out the bottom five with a a P/E ratio of 17.55. SmarTrend recommended that subscribers consider buying shares of Plains All American Pipeline on November 19th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $45.96. Since that recommendation, shares of Plains All American Pipeline have risen 22.0%. We continue to monitor Plains All American Pipeline for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- 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 |