Highest Projected Earnings Growth in the Oil & Gas Storage & Transportation Industry Detected in Shares of American Greetings (AM, TNP, TNK, EEQ, ETE)
Below are the three companies in the Oil & Gas Storage & Transportation industry with the highest projected earnings growth. The growth of earnings per share (current fiscal year estimated vs. last year actual) is important to gauge future profitability and relative value. Higher EPS growth generally justifies higher earnings multiples.
American Greetings ranks highest with a projected earnings growth of 469.1%. Following is Tsakos Energy Navigation with a projected earnings growth of 317.3%. Teekay Tankers ranks third highest with a projected earnings growth of 269.5%.
Enbridge Energy Management follows with a projected earnings growth of 168.3%, and Energy Transfer Equity rounds out the top five with a projected earnings growth of 89.5%.
SmarTrend recommended that subscribers consider buying shares of Energy Transfer Equity on February 17th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $6.47. Since that recommendation, shares of Energy Transfer Equity have risen 92.1%. We continue to monitor Energy Transfer Equity for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest projected earnings growth American Greetings tsakos energy navigation teekay tankers enbridge energy management energy transfer equity