Highest Current Ratio in the Oil & Gas Exploration & Production Industry Detected in Shares of Dorchester Minerals (DMLP, BPT, EVEP, SBR, XEC)
Below are the three companies in the Oil & Gas Exploration & Production industry with the highest current ratios. Current ratio is useful to get an idea of how quickly a company can repay its short-term liabilities with its short-term assets. The higher the current ratio, the more capable the company is of paying its obligations.
Dorchester Minerals ranks highest with a a current ratio of 8.6. Following is BP Prudhoe Bay Royalty Trust with a a current ratio of 3.4. EV Energy Partner ranks third highest with a a current ratio of 2.9.
Sabine Royalty Trust follows with a a current ratio of 2.7, and Cimarex Energy rounds out the top five with a a current ratio of 2.6.
SmarTrend recommended that subscribers consider buying shares of Cimarex Energy on June 23rd, 2016 as our technology indicated a new Uptrend was in progress when shares hit $119.48. Since that recommendation, shares of Cimarex Energy have risen 12.4%. We continue to monitor Cimarex Energy for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest current ratio dorchester minerals bp prudhoe bay royalty trust ev energy partner sabine royalty trust Cimarex Energy