Friday, September 16, 2022

🎥 This Energy Producer Is Flush With Cash... and Dividends

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Manward Financial Digest
 

Stock of the Week: This Energy Producer Is Flush With Cash... and Dividends

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Alpesh Patel

Alpesh Patel
Trading Champion

Good news... I've got another energy stock for you this week.

Now, before you say, "Again?"...

Hear me out.

I like this company because it's earning so much money. It pulled in $1.6 billion in net income in the second quarter. That's in just three months!

Thanks to that income, the company has declared a special dividend.

Cash flow from operations in the second quarter came in at $2.4 billion.

And here's where I really get excited...

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The dollar is at an all-time high against many currencies. So if this cash-rich company wanted to explore abroad and pay cheap overseas charges and costs - or maybe look for takeover targets - now would be the time to do it.

Take a look at the stock and see how it fares by my strict metrics in my latest video.

Click here or on the image below to watch it.

Video - Shale Oil Producer Is Flush With Cash... and Dividends
 
REVEAL THE STOCK

Happy hunting,

Alpesh

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Alpesh Patel | Trading Champion

Alpesh Patel is an award-winning hedge fund and private equity fund manager, international bestselling author, and entrepreneur. He is the founder and CEO of Praefinium Partners, a Financial Times top FTSE 100 forecaster, and a senior Dealmaker in the U.K.'s Department for International Trade. As a recognized authority on fintech, online trading and venture capital, his past and current client list includes American Express, Merrill Lynch HSBC, Charles Schwab, Goldman Sachs, Barclays... and more.

 

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