Friday, April 15, 2011

5 Best Positive Cash-Flow Oil Companies

Millions of acres in oil shale prospects ... production continues to expand ... good times are just beginning ...
You've heard the stories. Almost every exploration and production company seems to have at least one. Here are 5 of the better ones. For this article, let's just stick with the stuff that really matters: Cash income, specifically free cash flow. I screened a dozen or more energy companies looking for those with the best market capitalization/levered free cash flow -- call it MC/LFCF -- over the last 12 months. This information is readily available in Yahoo Finance's Key Statistics. The lower the number, the more undervalued the equity.
Of the couple dozen energy companies I looked at, the following five had the best MC/LFCF -- all under 20. . .  Read more here

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