Relatively Low Price to Sales Ratio Detected in Shares of Global Partners in the Oil & Gas Storage & Transportation Industry (GLP, ANW, NGLS, TK, ETP)
Below are the three companies in the Oil & Gas Storage & Transportation industry with the lowest price to sales per share ratios. Often companies with the lowest ratio present the greatest value to investors.
Global Partners ranks lowest with a a price to sales ratio of 0.04. Aegean Marine Petroleum is next with a a price to sales ratio of 0.09. Targa Resources Partners ranks third lowest with a a price to sales ratio of 0.22.
Teekay follows with a a price to sales ratio of 0.25, and Energy Transfer Partners rounds out the bottom five with a a price to sales ratio of 0.35.
SmarTrend recommended that subscribers consider buying shares of Teekay on September 6th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $7.55. Since that recommendation, shares of Teekay have risen 6.6%. We continue to monitor Teekay for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest price to sales ratio global partners aegean marine petroleum targa resources partners Teekay energy transfer partners