Providers of ongoing services to capital intensive companies will enjoy fairly steady sales. But providers of capital equipment to the same companies must be ready for boom-bust cycles of expansions.

Growing businesses consume capital. The fortunate few generate enough cash to fund their own growth. I've found this is more typical for businesses with modest growth rates, especially if they sell a ...

ONE Gas, Inc. is one of the largest natural gas pure plays in the U.S., operating in Oklahoma, Kansas, and Texas. The company's revenues are dependent on fixed and variable charges for the delivery of ...