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Shares of Rentech Rank the Highest in Terms of P/E Ratio in the Oil & Gas Refining & Marketing Industry (RTK, SYNM, INT, CLMT, ALJ)Apr 10, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Oil & Gas Refining & Marketing industry with the highest price to earnings (P/E) ratios. P/E is an important valuation tool when comparing companies in the same industry. A higher P/E ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with a lower P/E ratio.Rentech ranks highest with a a P/E ratio of 52.50. Syntroleum is next with a a P/E ratio of 38.00. World Fuel Services ranks third highest with a a P/E ratio of 14.22. Calumet Specialty Products follows with a a P/E ratio of 10.51, and Alon USA Energy rounds out the top five with a a P/E ratio of 9.01. SmarTrend recommended that its subscribers protect gains by selling shares of Rentech on March 19th, 2013 by issuing a Downtrend alert when the shares were trading at $2.42. Since that call, shares of Rentech have fallen 13.2%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup |