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Highest Return on Equity in the Oil & Gas Storage & Transportation Industry Detected in Shares of Oneok (OKE, SFL, TNK, NAT, SE)

By David Diaz

Below are the three companies in the Oil & Gas Storage & Transportation industry with the highest return on equity. The ROE is a general indication of the company's efficiency; investors usually look for companies with ROEs that are high and are growing.

Oneok ranks highest with a ROE of 13,422.7%. Following is Ship Finance International with a ROE of 1,486.4%. Teekay Tankers ranks third highest with a ROE of 1,240.7%.

Nordic American Tanker Shipping follows with a ROE of 1,128.8%, and Spectra Energy rounds out the top five with a ROE of 1,012.9%.

SmarTrend recommended that its subscribers protect gains by selling shares of Nordic American Tanker Shipping on February 24th, 2017 by issuing a Downtrend alert when the shares were trading at $8.10. Since that call, shares of Nordic American Tanker Shipping have fallen 8.8%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest return on equity oneok ship finance international teekay tankers nordic american tanker shipping Spectra Energy

Ticker(s): OKE SFL TNK NAT SE