Petroleum and Natural Gas Companies By Current Ratio

Current Ratio
Current RatioEfficiencyMarket RiskExp Return
1CKX CKX Lands
43.45
(0.07)
 1.86 
(0.14)
2BPT BP Prudhoe Bay
21.76
 0.04 
 7.22 
 0.26 
3DMLP Dorchester Minerals LP
16.62
(0.09)
 1.27 
(0.11)
4DWSN Dawson Geophysical
5.98
 0.01 
 3.76 
 0.02 
5VNOM Viper Energy Ut
5.21
(0.06)
 1.98 
(0.11)
6EPSN Epsilon Energy
4.79
 0.13 
 2.29 
 0.31 
7NCSM NCS Multistage Holdings
4.67
 0.13 
 4.67 
 0.61 
8SD SandRidge Energy
3.23
 0.00 
 1.91 
 0.01 
9BRN Barnwell Industries
2.51
 0.07 
 3.96 
 0.28 
10HP Helmerich and Payne
2.36
(0.09)
 3.17 
(0.29)
11BSM Black Stone Minerals
2.25
 0.12 
 1.18 
 0.15 
12CLB Core Laboratories NV
2.23
(0.05)
 2.79 
(0.14)
13WTTR Select Energy Services
2.12
(0.13)
 2.61 
(0.33)
14NE Noble plc
1.94
(0.11)
 2.61 
(0.29)
15DINO HF Sinclair Corp
1.89
 0.00 
 2.45 
 0.00 
16EP Empire Petroleum Corp
1.86
(0.06)
 3.92 
(0.23)
17NINE Nine Energy Service
1.85
 0.07 
 7.27 
 0.49 
18EOG EOG Resources
1.77
 0.07 
 1.58 
 0.10 
19CVE Cenovus Energy
1.73
(0.04)
 2.20 
(0.08)
20EQNR Equinor ASA ADR
1.65
 0.11 
 2.01 
 0.23 
The analysis above is based on a 90-day investment horizon and a default level of risk. Use the Portfolio Analyzer to fine-tune all your assumptions. Check your current assumptions here.
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company. Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).