Highest Price to Forward Sales in the Integrated Oil & Gas Industry Detected in Shares of InterOil (IOC, OXY, CVX, XOM, BP)
Below are the three companies in the Integrated Oil & Gas industry with the highest price to forward sales ratios. The ratio shows how much Wall Street values every dollar of the company's future sales and is useful in comparing comparable companies. Generally the lower the ratio, the more attractive the investment.
InterOil ranks highest with a a price to forward sales ratio of 166.62. Following is Occidental Petroleum with a a price to forward sales ratio of 4.16. Chevron ranks third highest with a a price to forward sales ratio of 1.40.
Exxon Mobil follows with a a price to forward sales ratio of 1.39, and BP rounds out the top five with a a price to forward sales ratio of 0.44.
SmarTrend recommended that subscribers consider buying shares of Chevron on February 17th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $86.84. Since that recommendation, shares of Chevron have risen 17.7%. We continue to monitor Chevron for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest price to forward sales amex:ioc interoil Occidental Petroleum Chevron Exxon Mobil