ZetaKap is a financial news media outlet that provides fresh, accurate, and actionable news. If you devour financial news, look no further than ZetaKap.
Saturday, June 9, 2012
5 Cash Loaded Oil And Gas Drilling Stocks To Watch
Interested in oil and gas drilling stocks? To help give you ideas where to look, we focus today on companies with strong liquidity. Having cash on hand can set oil and gas stocks apart from their peers in that cash can go towards making strategic long-term investments or acquisitions, or towards new exploration. To help narrow the list, we focused on companies that analysts have given a 'Buy' or better ratings. You might be interested in the list we came up with.The Current ratio is a liquidity ratio used to determine a company's financial health. The metric illustrates how easily a firm can pay back its short obligations all at once through current assets. A company that has a current ratio of one or less is generally a liquidity red flag. Now this doesn't mean the company will go bankrupt tomorrow, but it also doesn't bode well for the
... Read the rest at SeekingAlpha.com
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment