The Oil Drum | DrumBeat: December 13, 2006

208 comments on DrumBeat: December 13, 2006

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Robert Rapier on December 13, 2006 - 3:09pm

RSA?

FYI, I loaded up at $58. Technical traders will note that it has traded between $58 and $72 this year, but COP is currently trading at a significant discount to the other majors. Historically, the reason for that is that capital spending has been higher than Wall Street likes, but the capital budget is being scaled back next year.

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elwoodelmore on December 13, 2006 - 6:27pm

i dont see why it is trading at about 7 times earnings some analyists have pointed to their debt but it is not that significant imo if you want debt look at apc or ep now there is some debt oh yeah that earnings growth thing and then why walmart at what 19 times earnings walmart is a fav of mutual funds ho hum

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208 comments on DrumBeat: December 13, 2006

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