US oil producers flush with cash after a year of bumper profits are hunting for deals as concerns grow that the shale patch’s best drilling sites are becoming more scarce, priming the sector for a wav...
Tag: CashRich
7 Cash-Rich Stocks to Buy for Peace of Mind
Companies of all sizes appear to be hoarding cash for the much-discussed impending recession. If we do dive into a recession, cash-rich stocks will be more than prepared for whatever slowdown comes th...
Cash-rich states are slashing taxes amid revenue windfalls
Anchiy | E+ | Getty Images And this year, at least a dozen states have made cuts or are eyeing reductions, including both temporary and permanent measures, according to the Tax Foundation. While the...
Cash-Rich Energy Transfer Set for Highest Return in Sector
(Bloomberg) — A cash bonanza may help Energy Transfer LP deliver the highest return among major U.S. oil and natural gas pipeline operators. Most Read from Bloomberg The company owned by billion...
Cash-Rich Berkshire Hathaway, Apple, and Alphabet Should Gain From Higher Rates
Text size Apple could be earning $4 billion more on its cash by 2023 Sean Gallup/Getty Images With its enormous cash reserves now earning next to nothing, Berkshire Hathaway could be one of the bigger...