SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Paul Senior who wrote (46146)7/30/2012 1:10:53 PM
From: E_K_S  Read Replies (1) of 78753
 
Marathon Oil Corporation (NYSE: MRO) - Started initial position
Chevron Corporation (NYSE: CVX) - Peeled off a few shares @ $109.75/share
goo.gl
My CVX holdings (my top position) was getting too large as a percentage of the portfolio (almost 8%) so I peeled off a few shares bringing the percentage down to a 7% position and put the proceeds into MRO.

I have owned MRO in the past. The EKS$ is $38.5/share almost 40% undervalued from the EKS$ value. More importantly the McDef report rates it undervalued w/ a .55 ratio vs CVX at .66.

Marathon Oil (MRO – Contrarian Buy)
Shale Growth, Dollar Hedge
July 10, 2012
goo.gl

Down 30% in price from the high of $35 on February 28, the stock of Contrarian Buy Marathon Oil (MRO) offers new shale oil growth and a long-term hedge against the devaluation of the dollar at the lowest McDep Ratio of 0.55 among U.S. Independent Producers in our coverage. Paced by Eagle Ford and Bakken shale oil, onshore U.S. production is growing some 30% in 2012 toward reaching about 30% of global oil and gas production at year end. At 90%, MRO is most concentrated among peers on oil production, a real resource likely to retain its value as the supply of dollars expands artificially to handle mounting debt that could not otherwise be repaid.
EKS
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext