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Highest Debt to Asset Ratio in the Oil & Gas Storage & Transportation Industry Detected in Shares of Cheniere Energy (LNG, GLOG, TK, OKE, SEMG)

By Shiri Gupta

Below are the three companies in the Oil & Gas Storage & Transportation industry with the highest debt to asset ratios. The Debt/Asset ratio shows the proportion of a company's assets that are financed through debt. If the ratio is greater than one, most of the company's assets are financed through debt.

Cheniere Energy ranks highest with a a debt to asset ratio of 90.79. Gaslog Ltd is next with a a debt to asset ratio of 59.57. Teekay Corp ranks third highest with a a debt to asset ratio of 56.57.

Oneok Inc follows with a a debt to asset ratio of 54.25, and Semgroup Corp-A rounds out the top five with a a debt to asset ratio of 53.17.

SmarTrend recommended that its subscribers protect gains by selling shares of Semgroup Corp-A on January 10th, 2018 by issuing a Downtrend alert when the shares were trading at $27.92. Since that call, shares of Semgroup Corp-A have fallen 18.4%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest debt to asset ratio amex:lng cheniere energy gaslog ltd teekay corp oneok inc semgroup corp-a

Ticker(s): GLOG TK OKE SEMG