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Strategies & Market Trends : Value Investing
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To: Paul Senior who wrote (23158)2/17/2006 12:22:03 AM
From: Spekulatius  Read Replies (4) of 78746
 
Bought 1/2 position in CVX as well. This appears to be the cheapest of the oil majors except maybe COP but those folks overpaid for BR. CVX weakness is it's reserve replacement, which has been lagging but they have a couple of projects an some recent finds that could change that.

I am in at an PE of 8 and a 3.2% dividend yield.
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