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Top 5 Companies in the Oil & Gas Refining & Marketing Industry With the Highest Debt to Asset Ratio (GPRE, WNR, PEIX, CLNE, CVI)

By Shiri Gupta

Below are the three companies in the Oil & Gas Refining & Marketing industry with the highest debt to asset ratios. The Debt/Asset ratio shows the proportion of a company's assets that are financed through debt. If the ratio is greater than one, most of the company's assets are financed through debt.

Green Plains Inc ranks highest with a a debt to asset ratio of 48.89. Western Refining is next with a a debt to asset ratio of 33.88. Pacific Ethanol ranks third highest with a a debt to asset ratio of 33.57.

Clean Energy Fue follows with a a debt to asset ratio of 32.84, and Cvr Energy Inc rounds out the top five with a a debt to asset ratio of 30.64.

SmarTrend recommended that its subscribers protect gains by selling shares of Green Plains Inc on June 26th, 2018 by issuing a Downtrend alert when the shares were trading at $19.85. Since that call, shares of Green Plains Inc have fallen 14.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest debt to asset ratio green plains inc :wnr western refining pacific ethanol clean energy fue cvr energy inc

Ticker(s): GPRE PEIX CLNE CVI