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Strategies & Market Trends : Value Investing

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To: Spekulatius who wrote (38450)7/6/2010 8:11:55 PM
From: E_K_S  Read Replies (1) of 78748
 
Hi Spekulatius -

I was also looking at an oil trade today but ended doing nothing for now.

Did you sell your MRO or TOT to buy your CVX? I am looking at peeling off some shares of my COP and buying more XOM. My COP is up over 20% vs XOM and this would allow me to build my XOM position. I like XOM for their recent NG buy in XTO Energy. Earlier this year I sold some CVX to buy COP and XOM.

After my proposed COP trade, I will have equal amounts of COP and CVX and my XOM would be about 60% that of my COP or CVX. These three companies represent about 14% of the portfolio.

I am also looking at adding to my CNX but their dividend is the smallest of the group. They recently purchased Dominion Resources, Inc.’s Appalachian natural gas properties for $3.48 billion in an all cash deal. The deal will give CONSOL a leading position in the Marcellus Shale field. ( benzinga.com )

Here are my four energy plays that I recently (w/i the last 12 months) been adding to.

finance.yahoo.com

EKS
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