- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Time to buy some XOM(Oil stock discussions)?
Posted on 12/1/14 at 9:34 am to 632627
Posted on 12/1/14 at 9:34 am to 632627
Working for an oil company, I hate to invest in them as its putting all my eggs in one basket. But BP is damn attractive below $40. I get the ton of risk from the various law suits but damn... A 5 P/E for an oil stock is crazy.
1
Posted on 12/7/14 at 8:46 pm to C
Reuters finally reporting that "BP to wield jobs ax".
Posted on 12/8/14 at 8:52 am to C-Bear
Yep, articles coming out now taking about BP job cuts.
Nice call C
Nice call C
Posted on 12/8/14 at 9:56 am to TigerTatorTots
What are yall's thoughts on purchasing some BP? Super tempting at less than $40 a share. I just can't imagine that it won't recover back to the $50 range, at least.
Posted on 12/8/14 at 9:58 am to Haydo
Lots of discussion in this thread about BP, and there's another thread not too far down called "Lets talk about BP" or something like that.
Let it drop further. They're about to have lay offs and oil will likely drop further.
Let it drop further. They're about to have lay offs and oil will likely drop further.
Posted on 12/8/14 at 10:01 am to bayoubengals88
That's been my stance for the past week or so. I've been wanting to get in to the market but am waiting until the end of the year/beginning of January to see what happens with the price of oil.
Posted on 12/8/14 at 11:03 am to Haydo
With today's prices, I'd rank CVX and RDS-B higher than BP for companies Id buy. If COP falls to $64, they jump in front of BP too. I'm strictly talking from a long term dividend reinvest strategy
Eta- I think the BP upside is higher than all of them, but also the most risk.
Eta- I think the BP upside is higher than all of them, but also the most risk.
This post was edited on 12/8/14 at 11:04 am
Posted on 12/8/14 at 11:07 am to TigerTatorTots
I think I'm about to jump in on some HAL @ $39
Posted on 12/8/14 at 12:48 pm to TigerTatorTots
quote:generally how these kinds of things work
Eta- I think the BP upside is higher than all of them, but also the most risk.
Posted on 12/8/14 at 12:50 pm to Haydo
quote:I don't know what everyone is waiting on...of course it could be $36 tomorrow.
I think I'm about to jump in on some HAL @ $39
Posted on 12/8/14 at 1:16 pm to bayoubengals88
'tis the mystery.
Pulled the trigger at $38.70
Pulled the trigger at $38.70
Posted on 12/8/14 at 1:21 pm to Haydo
should be fine in the long run. Posted on 12/8/14 at 10:36 pm to bayoubengals88
Something I posted two months ago
I'd say CVX, COP, and RDS all have a decent chance of reaching what I'd hoped they would reach. MRO has dropped about 25% in two months.
Any arguments against buying Murphy Oil (MUR)? Its 2 dollars away from a five year low...Not flashy, but seems solid to me.
Edit: MUR is at $46.15 with a 3.03% dividend
quote:
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?
I'd say CVX, COP, and RDS all have a decent chance of reaching what I'd hoped they would reach. MRO has dropped about 25% in two months.
Any arguments against buying Murphy Oil (MUR)? Its 2 dollars away from a five year low...Not flashy, but seems solid to me.
Edit: MUR is at $46.15 with a 3.03% dividend
This post was edited on 12/8/14 at 10:37 pm
Posted on 12/15/14 at 10:08 am to C
quote:
BP: 41.54 ($32)
quote:
If it gets that low, i'm mortgaging every asset I have...
$35...
Posted on 12/15/14 at 10:17 am to bayoubengals88
Keep falling!
BTW- UL is under $40. They have been on my watch list
BTW- UL is under $40. They have been on my watch list
Posted on 12/15/14 at 10:28 am to CrackingCodes
quote:I think it reached 37 not too long ago. That could happen again.
UL is under $40.
Posted on 12/15/14 at 10:53 am to bayoubengals88
How low does big oil go? (XOM, CVX)
If oil drops through December, could we see XOM at 80 and CVX at 95?
If oil drops through December, could we see XOM at 80 and CVX at 95?
Posted on 12/15/14 at 11:03 am to LSUneaux
It appears that we could see 80 and 95.
By the way, I've got a new idea. Save 3k and buy VGENX within my Roth. Oil should still be down by that time (I hope).
By the way, I've got a new idea. Save 3k and buy VGENX within my Roth. Oil should still be down by that time (I hope).
Posted on 12/15/14 at 11:12 am to bayoubengals88
quote:
It appears that we could see 80 and 95. By the way, I've got a new idea. Save 3k and buy VGENX within my Roth. Oil should still be down by that time (I hope).
I'm doing the same thing. Also going to dive into xle etf
Posted on 12/15/14 at 11:15 am to bayoubengals88
It could get back to Deepwater Horizon levels of ~$27 if it keeps this up. Will be interesting to watch
Page 5 of 15
Popular
Back to top
Follow TigerDroppings for LSU Football News