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Lowest Return on Equity in the Oil & Gas Storage & Transportation Industry Detected in Shares of Nordic American (NAT, TK, GNRT, STNG, GLNG)

By David Diaz

Below are the three companies in the Oil & Gas Storage & Transportation industry with the lowest 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.

Nordic American ranks lowest with a ROE of -2,591.1%. Teekay Corp is next with a ROE of -1,947.8%. Gener8 Maritime ranks third lowest with a ROE of -1,698.1%.

Scorpio Tankers follows with a ROE of -1,204.0%, and Golar Lng Ltd rounds out the bottom five with a ROE of -1,004.3%.

SmarTrend recommended that its subscribers protect gains by selling shares of Scorpio Tankers on July 16th, 2018 by issuing a Downtrend alert when the shares were trading at $2.56. Since that call, shares of Scorpio Tankers have fallen 25.2%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest return on equity nordic american teekay corp gener8 maritime scorpio tankers golar lng ltd