Pretty much every reader of this article will either own or has owned at least one appliance of Whirlpool (WHR). The company enjoys a good name in the sector, and people think they buy quality products when the name Whirlpool is on their appliances. This results in strong operating metrics and strong income and cash flow results.
When BHP Billiton (BHP) was trying to survive and cut its debt load a few years ago, it decided to spin out South 32 (ASX:S32, S32.L) which owned BHP’s non-core assets. Even though these projects and mines were deemed to be non-core, they have been a real cash flow engine for South32 which now is one of the mining companies with the strongest balance sheets and cash flow generation.
Spartan Energy (SPE.TO) isn’t very well known, but this company is aggressively increasing its production rate. A good move, as it will reduce the overhead and interest expenses per produced barrel of oil-equivalent. But is the company profitable? Let’s find out.
Newmont Mining (NEM) is one of the largest pure gold producers in the world and its share price thus depends on the performance of the gold price. Despite the gold producers performing pretty weak lately, Newmont and its competitors are in an increasingly better shape as the current gold price is high enough to continue to strengthen the balance sheet.