Shares of Natural Gas Services Rank the Lowest in Terms of Debt-to-Capital Ratio in the Oil & Gas Equipment & Services Industry (NGS, RES, MTRX, TS, SUBCY)
Below are the three companies in the Oil & Gas Equipment & Services industry with the lowest Debt-to-Capital ratios. The debt-to-capital ratio is an important measure of how a company is financing its operations along with some insight into its financial strength, relative to other companies in its industry.
Natural Gas Services ranks lowest with a a Debt-to-Capital ratio of 0.2%. RPC is next with a a Debt-to-Capital ratio of 1.9%. Matrix Service ranks third lowest with a a Debt-to-Capital ratio of 3.1%.
Tenaris follows with a a Debt-to-Capital ratio of 7.6%, and Subsea 7 SA rounds out the bottom five with a a Debt-to-Capital ratio of 8.7%.
SmarTrend recommended that subscribers consider buying shares of Subsea 7 SA on February 4th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $6.22. Since that recommendation, shares of Subsea 7 SA have risen 37.5%. We continue to monitor Subsea 7 SA for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest debt-to-capital ratio amex:ngs natural gas services matrix service tenaris subsea 7 sa