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


To: Spekulatius who wrote (40321)11/30/2010 9:17:55 AM
From: Jurgis Bekepuris  Read Replies (1) | Respond to of 78471
 
I have a hard time seeing why they apply to European integrated only and not to NA counterparts.

Well, it looks to me that NA supermajors are also unloved compared to pure E&Ps. They are a bit more expensive than TOT and E, probably because people believe they know more about them and their regulatory climate. Still, on absolute level something like CVX is cheap.