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Four Oil Giants to Keep an Eye on - Barron's [View article]
That is taking into consideration their top notch balance sheet.
Estimates are for a 40% decrease in earnings this year to 5.51
Given a 10 pe and $6 in cash = $61
They will also have billions in write downs on projects such as the oil sands, the Chavez seizure and other investments in projects that are no longer feasible.