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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Madharry who wrote (35498)	9/29/2009 10:55:49 AM
From: Paul Senior	Read Replies (1) \| Respond to of 78750

"What domestic producer benefits the most from oil going to $100 a barrel?" Not only do I not know, I don't know where to get the answer. Maybe Big Dog's thread? I'd guess someone really has to know the sector, and specific stocks in detail too -- proven/probable reserves, hedges - amounts and times, etc. ================================ I am buying, buying and buying and trying to find those oil/gas stocks where company trades below stated book value, has lots of probable/proved reserves, not high d/e ratio, and preferably good cash position. (One example might be USEG.) Still scary because of oil/gas volatility and because margin-of-safety can disappear fast with cash falling and debt increasing as company spends to acquire and/or develop oil/gas properties. If anybody here knows of such stocks or can answer Madharry's query, please post. (Aside: Fwiw, COP with a p/bk at 1.15 now. That's pretty low compared with yearly averages in past ten years.)