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Shares of Phillips 66 Rank the Lowest in Terms of Debt-to-Capital Ratio in the Oil & Gas Refining & Marketing Industry (PSX, VLO, HFC, PEIX, REGI)

By Shiri Gupta

Below are the three companies in the Oil & Gas Refining & Marketing 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.

Phillips 66 ranks lowest with a a Debt-to-Capital ratio of 2,693.3%. Valero Energy is next with a a Debt-to-Capital ratio of 2,772.8%. Hollyfrontier Co ranks third lowest with a a Debt-to-Capital ratio of 2,976.4%.

Pacific Ethanol follows with a a Debt-to-Capital ratio of 3,233.4%, and Renewable Energy rounds out the bottom five with a a Debt-to-Capital ratio of 3,347.7%.

SmarTrend recommended that subscribers consider buying shares of Renewable Energy on February 16th, 2018 as our technology indicated a new Uptrend was in progress when shares hit $11.45. Since that recommendation, shares of Renewable Energy have risen 17.9%. We continue to monitor Renewable Energy for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest debt-to-capital ratio phillips 66 valero energy hollyfrontier co pacific ethanol renewable energy

Ticker(s): PSX VLO HFC PEIX REGI