Time to buy some XOM(Oil stock discussions)?

We need to make one thread titled time to buy some __________?

I would hold off on buying anything. The pain has only just begun.

Of course all the major energy companies are down right now.

I've been watching XOM, CVX, RDS, COP, and PSX since mid June. I still like COP because of their dividend, but I honestly don't know much else about them. $71.44/share right now off from a high of nearly $87 just a few months ago.

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Of course all the major energy companies are down right now.

I've been watching XOM, CVX, RDS, COP, and PSX since mid June. I still like COP because of their dividend, but I honestly don't know much else about them. $71.44/share right now off from a high of nearly $87 just a few months ago.

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I'm doing the same, I'm just not sure where/when to get in. XOM is very tempting right now, i also want to add shell back to my portfolio

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What is your buy in number you are looking for?

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off the top of my head without pulling up my account, I want to say around 61.00 for COP and 66.00 for RDS.B...those are where I got in if I recall correctly...i MIGHT buy a little above that.....just depends.

I've had some nice capital gains but my main purpose of them is dividends.

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i also want to add shell back to my portfolio

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that would be a good solid choice. You might wanna take a look at TC pipelines as well if you like dividends.

I plan to start a drip with F at the end of this month if it remains around $14.

From everything I've read, I should be able to wait until the end of November to choose an oil company to start dripping.

currently eyeing all of these... (my buy price in parenthesis)

COP: Friday's close, 70.36; my buy price, (under $63)

XOM: 91.60 ($83)

CVX: 113.89 ($105)

RDS-B: 72.85 ($62)

TOT: 56.45 ($48)

VLO: 45.15 ($42--low dividend*)

BP: 41.54 ($32)

PSX: 76.32 ($60--low dividend*)

Others--
MRO and MPC...not sold on MRO yet. Any long term potential here or too much risk?

(E). Anyone know anything about the major Italian company?

All of the above are currently at a bargain price, but I'm trying to squeeze the most I can out of any given one by waiting until the end of November and choosing to go with F later this month (Ford was above $17 recently).

Thoughts? What are y'all considering and waiting for?

You might check out SDRL, too. It's at a 52 week low, and the dividend is somewhere around 14-15%.

I'll probably go with COP because of the no fee drip...and I mean NO fees. Ever.

XOM has no fees as well, but the dividend is much lower.

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What happened to COPs dividend?

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That was probably after they split into upstream and downstream with PSX. They're fine now. According to everything I read they are rock solid and really take care of their shareholders.

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You might check out SDRL, too. It's at a 52 week low, and the dividend is somewhere around 14-15%.

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I've had my eye on it. I only have $400-500/month to invest. I've got to be smart.

see my edit.