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Posted on 12/30/13 at 10:17 am to donRANDOMnumbers
quote:
what are your thoughts between CVX, XOM, and COP?
would you go equal percentage of each?
I'm in the O&G business so I don't invest in them long term as I try to diversify my financial risk. I'm also negative on the future price of oil because I think exploration has been so profitable for a long period of time, we will see large amounts come on line in the future. I think XOM is a bigger natural gas player and may be better suited for longer term growth in that area if the price continues to increase. But I honestly have no clue what the future for any hold. I'm sure each will still be here in 50 years.
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