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Scorpio Tankers is Among the Companies in the Oil & Gas Storage & Transportation Industry With the Highest Price to Forward Sales (STNG, MMP, GLNG, SFL, CQP)

By Nick Russo

Below are the three companies in the Oil & Gas Storage & Transportation industry with the highest price to forward sales ratios. The ratio shows how much Wall Street values every dollar of the company's future sales and is useful in comparing comparable companies. Generally the lower the ratio, the more attractive the investment.

Scorpio Tankers ranks highest with a a price to forward sales ratio of 13.38. Magellan Midstream Partners L.P. is next with a a price to forward sales ratio of 5.01. Golar Lng Ltd ranks third highest with a a price to forward sales ratio of 3.84.

Ship Finance follows with a a price to forward sales ratio of 3.39, and Cheniere Energy Partners LP rounds out the top five with a a price to forward sales ratio of 3.24.

SmarTrend recommended that subscribers consider buying shares of Scorpio Tankers on January 18th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $20.45. Since that recommendation, shares of Scorpio Tankers have risen 44.4%. We continue to monitor Scorpio Tankers for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest price to forward sales scorpio tankers magellan midstream partners l.p. golar lng ltd ship finance amex:cqp cheniere energy partners lp

Ticker(s): STNG MMP GLNG SFL