Relatively Low Current Ratio Detected in Shares of Williams Partners in the Oil & Gas Storage & Transportation Industry (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 its subscribers protect gains by selling shares of Teekay Tankers on November 5th, 2015 by issuing a Downtrend alert when the shares were trading at $6.76. Since that call, shares of Teekay Tankers have fallen 68.2%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: lowest current ratio williams partners the williams cos enbridge energy partners teekay tankers ONEOK Partners