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Highest Debt to EBITDA Ratio in the Oil & Gas Refining & Marketing Industry Detected in Shares of Clean Energy Fuels (CLNE, PEIX, CLMT, NS, DK)

By Amy Schwartz

Below are the three companies in the Oil & Gas Refining & Marketing industry with the highest debt to EBITDA ratios. This ratio indicates how many years of EBITDA would be necessary in order to pay back all the debt (assuming Debt and EBITDA are constant). Typically, this ratio is considered to be alarming when it is greater than 3.0 but this can vary and should be looked at within the context of the industry.

Clean Energy Fuels ranks highest with a a debt to EBITDA ratio of 470.3. Pacific Ethanol is next with a a debt to EBITDA ratio of 15.8. Calumet Specialty Products ranks third highest with a a debt to EBITDA ratio of 6.5.

NuStar Energy follows with a a debt to EBITDA ratio of 5.5, and Delek US Holdings rounds out the top five with a a debt to EBITDA ratio of 3.2.

SmarTrend recommended that its subscribers protect gains by selling shares of Delek US Holdings on May 3rd, 2016 by issuing a Downtrend alert when the shares were trading at $15.04. Since that call, shares of Delek US Holdings have fallen 19.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest debt to ebitda ratio clean energy fuels pacific ethanol calumet specialty products nustar energy delek us holdings

Ticker(s): CLNE PEIX CLMT NS DK