Royal Dutch Shell Turned on the Cash Flow Tap in the Second Quarter
For the past couple of years, the largest concern investors had with integrated oil and gas companies was their cash-generating abilities. If cash flow from operations couldn't live up to their ambitious capital spending plans, were dividend payments at risk of getting cut? One company that looked like a prime candidate for a dividend cut was Royal Dutch Shell (NYSE: RDS-A) (NYSE: RDS-B). Its dividend yield was sky-high, and cash generation had almost evaporated.
Over the past couple of quarters, though, Shell's cash flow has come flooding back, and the company added to that this quarter with more than $11 billion in cash from ops. Here's a look at the company's most recent results and what Shell can do now that it has alleviated this cash-flow issue.
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Source: Fool.com
