Shares of InterOil Rank the Highest in Terms of Current Ratio in the Integrated Oil & Gas Industry (IOC, LUKOY, OXY, BP, CVX)
Below are the three companies in the Integrated Oil & Gas industry with the highest 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.
InterOil ranks highest with a a current ratio of 2.8. Following is Lukoil OAO with a a current ratio of 1.9. Occidental Petroleum ranks third highest with a a current ratio of 1.4.
BP follows with a a current ratio of 1.4, and Chevron rounds out the top five with a a current ratio of 1.3.
SmarTrend recommended that subscribers consider buying shares of Occidental Petroleum on January 28th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $65.42. Since that recommendation, shares of Occidental Petroleum have risen 19.0%. We continue to monitor Occidental Petroleum for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest current ratio amex:ioc interoil lukoil oao Occidental Petroleum Chevron