Lowest Current Ratio in the Oil & Gas Storage & Transportation Industry Detected in Shares of Williams Partners (WPZ, WMB, EEP, TNK, OKS)
Below are the three companies in the Oil & Gas Storage & Transportation industry with the lowest 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.
Williams Partners ranks lowest with a a current ratio of 0.3. The Williams Cos is next with a a current ratio of 0.3. Enbridge Energy Partners ranks third lowest with a a current ratio of 0.4.
Teekay Tankers follows with a a current ratio of 0.4, and ONEOK Partners rounds out the bottom five with a a current ratio of 0.5.
SmarTrend recommended that subscribers consider buying shares of Williams Partners on April 8th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $21.51. Since that recommendation, shares of Williams Partners have risen 71.5%. We continue to monitor Williams Partners for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest current ratio williams partners the williams cos enbridge energy partners teekay tankers ONEOK Partners