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Crosstex Energy has the Highest Beta in the Oil & Gas Storage & Transportation Industry (XTXI, BDCO, LNG, FRO, OSG)

Written on Thu, 10/06/2011 - 6:39am
By Amy Schwartz

Below are the top five companies in the Oil & Gas Storage & Transportation industry as measured by beta. Higher-beta stocks mean greater volatility and are therefore generally considered to be riskier but also may provide the potential for higher returns.
Crosstex Energy (NASDAQ:XTXI) ranks first with a beta of 1.70; Blue Dolphin Energy (NASDAQ:BDCO) ranks second with a beta of 1.69; and Cheniere Energy (AMEX:LNG) ranks third with a beta of 1.66.
Frontline (NYSE:FRO) follows with a beta of 1.53 and Overseas Shipholding (NYSE:OSG) rounds out the top five with a beta of 1.49.
SmarTrend currently has shares of Cheniere Energy in an Downtrend and issued the Downtrend alert on August 05, 2011 at $8.23. The stock has fallen 45.5% since the Downtrend alert was issued.

Keywords: crosstex energy highest beta

Ticker(s): XTXI BDCO FRO OSG LNG

Contact Amy Schwartz



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