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re: Time to buy some XOM(Oil stock discussions)?
Posted on 8/26/15 at 11:55 am to Grits N Shrimp
Posted on 8/26/15 at 11:55 am to Grits N Shrimp
I have business ties with RDS. COP was a great value and had a better dividend rate than the others when I got in. There is nothing wrong with XOM or CVX. I simply was spread out with other energy companies and I got better values with the others at the time, many of which I sold and took profits. XOM and CVX had higher entry points and lower dividend rates at the time.
1
Posted on 8/26/15 at 12:59 pm to Fat Bastard
Based on the balance sheet, position in the market, and risks ahead, I think XOM is the best buy of the majors right now. RDS is second on that list for me.
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