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Shares of Teekay Corp Rank the Lowest in Terms of P/E Ratio in the Oil & Gas Storage & Transportation Industry (TK, AM, EQM, PAA, SFL)

By Amy Schwartz

Below are the three companies in the Oil & Gas Storage & Transportation industry with the lowest price to earnings (P/E) ratios. P/E is an important valuation tool when comparing companies in the same industry. A higher P/E ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with a lower P/E ratio.

Teekay Corp ranks lowest with a a P/E ratio of 1.37. Following is Antero Midstream Partners LP with a a P/E ratio of 7.52. EQM Midstream Partners LP ranks third lowest with a a P/E ratio of 7.65.

Plains All American Pipeline LP follows with a a P/E ratio of 11.02, and Ship Finance rounds out the bottom five with a a P/E ratio of 12.48.

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 53.4%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest p/e ratio teekay corp antero midstream partners lp nyse:eqm eqm midstream partners lp plains all american pipeline lp ship finance

Ticker(s): TK AM PAA SFL