Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 (35604)	12/11/2009 5:16:37 PM
From: E_K_S	Respond to of 78750

RE:CVX & COP divergence in stock price Peeled off a few shares of Chevron Corp. (CVX) and bought more ConocoPhillips (COP). Over the past five years COP tracked the price of CVX but since September 2008 there has been a divergence to where CVX is now valued 40% more than COP. finance.yahoo.com I am not too sure why this is, perhaps because of COP's NG exposure or the lack of performance in their refinery division. As a result, I have been peeling off shares of CVX and buying shares of COP. I now have equal weights of both companies in the portfolio which now rank 3rd and 4th position in my top 10 holdings. COP's dividend was recently increased (10/09) and now yields 4% which is a 0.5% higher yield than CVX. Both companies are good core holdings and have performed well for me. EKS