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re: The first of the oil majors, COP, cuts the dividend

Posted on 2/5/16 at 8:18 am to
Posted by stevengtiger
Member since Jul 2013
2778 posts
Posted on 2/5/16 at 8:18 am to
quote:

i think its a good long time buy


Does anyone think that COP could/would ever go out of business? If not, priced at $30-32, would have to be a no-brainer to get in on right? That would be an almost 11 year low.
This post was edited on 2/5/16 at 8:19 am
Posted by LSURussian
Member since Feb 2005
126966 posts
Posted on 2/5/16 at 8:20 am to
quote:

Does anyone think that COP could/would ever go out of business?
It would become a takeover target at worst.
Posted by eye65
Member since Aug 2009
987 posts
Posted on 2/5/16 at 8:40 am to
Remember the sum of the parts 11 years ago still contained PSX. I own COP but have a bad feeling it's headed lower...
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