Relatively High Price to Forward Sales Detected in Shares of InterOil in the Integrated Oil & Gas Industry (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 262.78. Occidental Petroleum is next with a a price to forward sales ratio of 3.76. Chevron ranks third highest with a a price to forward sales ratio of 1.44.
Exxon Mobil follows with a a price to forward sales ratio of 1.31, and BP rounds out the top five with a a price to forward sales ratio of 0.45.
SmarTrend recommended that subscribers consider buying shares of InterOil on May 20th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $42.57. Since that recommendation, shares of InterOil have risen 16.6%. We continue to monitor InterOil 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