re: CFAs and self-proclaimed analysts: Energy Companies

quote:

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companies have a big chunk of their production hedged

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This. Great point Raw, and very true. I just don't feel comfortable speaking to energy companies. There is a lot more going on with the company and market valuation of said company than the widget factories.

I still feel compelled to increase APA exposure on the basis of fundamentals alone. Any natural gas opinions or investors familiar with APA?

ETA: I keep a resolve to invest only in companies that I plan to hold for at least 3 years, barring any major hiccups.