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 -- Ignore unavailable to you. Want to Upgrade?


To: E_K_S who wrote (35541)10/1/2009 10:11:08 PM
From: E_K_S  Read Replies (1) | Respond to of 78763
 
Is ConocoPhillips a Potential Multi-Bagger?
October 01, 2009 | about: COP / CVX / XOM
seekingalpha.com

From the article (& Conclusion...): "...My 2014 target price for COP is $140 with upside potential to $170. On an annualized basis that translates to a return expectation of 25% to 30%, excluding the returns which will be earned through dividends. I believe the company valuation has been punished relative to competitors, because COP’s leveraged balance sheet does not compare favorably with the immaculate balance sheets of Exxon Mobil (XOM) and Chevron (CVX). Nonetheless, the company's quality and return potential make it my favorite E&P at present...."

Disclosure: I own all three companies. I plan to peel off a few more shares of CVX and buy more COP.

COP traded twice it's normal volume today (24 million shares vs 12 million average daily volume). Stock closed up 0.75% vs XOM (down 1.75%) or CVX (down 2.3%).

EKS