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Relatively Low Current Ratio Detected in Shares of Exxon Mobil in the Integrated Oil & Gas Industry (XOM, CVX, BP, OXY, LUKOY)

By David Diaz

Below are the three companies in the Integrated Oil & Gas 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.

Exxon Mobil ranks lowest with a a current ratio of 0.9. Following is Chevron with a a current ratio of 1.3. BP ranks third lowest with a a current ratio of 1.4.

Occidental Petroleum follows with a a current ratio of 1.4, and Lukoil OAO rounds out the bottom five with a a current ratio of 1.9.

SmarTrend recommended that subscribers consider buying shares of Lukoil OAO on July 5th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $42.72. Since that recommendation, shares of Lukoil OAO have risen 8.2%. We continue to monitor Lukoil OAO for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest current ratio Exxon Mobil Chevron Occidental Petroleum lukoil oao