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Lowest Debt-to-Capital Ratio in the Oil & Gas Storage & Transportation Industry Detected in Shares of EQM Midstream Partners LP (EQM, NAT, ENLC, TRGP, LPG)

By Nick Russo

Below are the three companies in the Oil & Gas Storage & Transportation industry with the lowest Debt-to-Capital ratios. The debt-to-capital ratio is an important measure of how a company is financing its operations along with some insight into its financial strength, relative to other companies in its industry.

EQM Midstream Partners LP ranks lowest with a a Debt-to-Capital ratio of 3,520.0%. Nordic American is next with a a Debt-to-Capital ratio of 3,535.3%. Enlink Midstream LLC ranks third lowest with a a Debt-to-Capital ratio of 3,892.9%.

Targa Resources follows with a a Debt-to-Capital ratio of 4,028.1%, and Dorian Lpg Ltd rounds out the bottom five with a a Debt-to-Capital ratio of 4,345.2%.

SmarTrend recommended that its subscribers protect gains by selling shares of Targa Resources on February 21st, 2019 by issuing a Downtrend alert when the shares were trading at $43.20. Since that call, shares of Targa Resources have fallen 4.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest debt-to-capital ratio nyse:eqm eqm midstream partners lp nordic american enlink midstream llc targa resources dorian lpg ltd

Ticker(s): NAT ENLC TRGP LPG