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Relatively Low Debt-to-Capital Ratio Detected in Shares of Phillips 66 in the Oil & Gas Refining & Marketing Industry (PSX, VLO, HFC, REGI, INT)

By Amy Schwartz

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 2,792.4%. Hollyfrontier Co ranks third lowest with a a Debt-to-Capital ratio of 2,976.4%.

Renewable Energy follows with a a Debt-to-Capital ratio of 3,388.1%, and World Fuel Svcs rounds out the bottom five with a a Debt-to-Capital ratio of 3,437.1%.

SmarTrend recommended that its subscribers protect gains by selling shares of Valero Energy on December 3rd, 2019 by issuing a Downtrend alert when the shares were trading at $94.33. Since that call, shares of Valero Energy have fallen 12.4%. 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 phillips 66 valero energy hollyfrontier co renewable energy world fuel svcs

Ticker(s): PSX VLO HFC REGI INT