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Top 5 Companies in the Oil & Gas Exploration & Production Industry With the Lowest Price to Book Ratio (GGR, CEP, PVA, GPR, MILL)
Feb 06, 2013 (SmarTrend(R) News Watch via COMTEX) --
Below are the three companies in the Oil & Gas Exploration & Production industry with the lowest price to book ratios. Often companies with the lowest ratio present the greatest value to investors.GeoGlobal Resources ranks lowest with a a price to book ratio of 0.17. Constellation Energy Partners is next with a a price to book ratio of 0.21. Penn Virginia ranks third lowest with a a price to book ratio of 0.26.
GeoPetro Resources follows with a a price to book ratio of 0.35, and Miller Petroleum rounds out the bottom five with a a price to book ratio of 0.55.
SmarTrend recommended that its subscribers protect gains by selling shares of GeoGlobal Resources on December 28th, 2012 by issuing a Downtrend alert when the shares were trading at $0.06. Since that call, shares of GeoGlobal Resources have fallen 27.3%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Write to Chip Brian at cbrian@mysmartrend.com
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