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Relatively High EBITDA Growth Detected in Shares of Scorpio Tankers in the Oil & Gas Storage & Transportation Industry (STNG, ASC, TRGP, TNK, AM)

By Shiri Gupta

Below are the three companies in the Oil & Gas Storage & Transportation industry with the highest EBITDA Growth (next year estimate vs. LTM). EBITDA Growth can be valuable in predicting future cash flow generation and earnings power.

Scorpio Tankers ranks highest with a EBITDA growth of 274.9%. Following is Ardmore Shipping with a EBITDA growth of 118.1%. Targa Resources ranks third highest with a EBITDA growth of 108.7%.

Teekay Tank-Cl A follows with a EBITDA growth of 99.9%, and Antero Midstream Partners LP rounds out the top five with a EBITDA growth of 88.1%.

SmarTrend recommended that its subscribers protect gains by selling shares of Antero Midstream Partners LP on March 1st, 2019 by issuing a Downtrend alert when the shares were trading at $24.05. Since that call, shares of Antero Midstream Partners LP have fallen 46.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest ebitda growth scorpio tankers ardmore shipping targa resources teekay tank-cl a antero midstream partners lp

Ticker(s): STNG ASC TRGP TNK AM