The Cash Flow News Weekly

So, what’s been making headlines in cash flow news this week?  It seems to be all about the energy sector…

British energy giants BP are telling us that their profits are down 23% due to a drop in contribution from its Russian business; however its cash flows are swelling resulting in share price increase – an interesting one:  profits down, cash up, share price up – what does that tell you!!

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Shell are also facing decreasing profits with a 44% plummet, however not all is bad as they also seem to be boasting about their improving cash flows resulting in a dividend increase of 4%.  Again, profits down, cash flow up, dividend increase – happy shareholders!!

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Over to Canada the second-largest Canadian based oil producer Cenovus Energy has been making the news this week but for all the wrong reasons!  The company recently faced a 4% drop in cash flow due to “significantly lower” refining margins.

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Finally on to the wind and power sector we looked at Mass Megawatts Wind Power based in the USA. Things are looking up for the energy company as they have dealt with their cash and debt issues and announce their cash flow status has massively improved .

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So we all know that profits are important but these stories tell us that cash flow is right up there too and play a big part in your business health – is your business making good profits AND achieving good, positive, cash flows?  Are you putting the effort you should into managing your cash?

That’s us for this week – keep up to date with all the goings on at Simply Cashflow HQ by following us on Twitter – @SimplyCashflow

Gemma Purdon

Business Development