Seeking Alpha

Michael Delaney » Comments » COP

  • The Oil Business Could Be Worse (But Not Much) [View article]
    With Q1-09 profits down 65% from Q1-08 profits, does this mean CVX is only 1/3 the company it was last year? No. It also does not mean that CVX will be twice the company next year, when Q1-10 profits are up 100% over Q1-09 profits. It's an illogical market and a chance to make money whenever the market is over-pessimistic or over-exuberant. IMHO, there is still plenty of room to make money in CVX if you get in on any pullback and you get a nice dividend while you wait a year or two.
    May 11 18:37 pm |Rating: +4 -1 |Link to Comment
More on COP by Michael Delaney
Comments by Ticker
AAPL, ABB, ABK, ABT, ACAS, AEG, AFL, AIG, AIPC, AMD, AMGN, AMX, AMZN, AOC, AOMFF.PK, APEI, APOL, ARO, ATVI, AUTH, AUY, AVAV, AZO, BA, BAC, BAX, BBT, BBY, BCRX, BCSI, BDX, BEAV, BGC, BIIB, BK, BMO, BMY, BNI, BP, BRCM, BRK.A, BRK.B, BRL, BSX, BTU, BWLD, C, CAG, CBEY, CBI,
Michael Delaney's
Comments Stats
62 comments
Rating: 16 (34 - 18 )