The Hammer

Is ConocoPhillips a Potential Multi-Bagger?

I amazes me that people write these articles then disclose they own 0 shares??
COP has made some quality acquisitions, but mulva's timing is rather poor. In addition, When oil and Nat gas were sky rocketing in price over $100 and $12 mcf I wrote an email to the Board of directors telling them that they should hedge some production something like 25-50% and let the rest float with the market.. My main reason was that the oil prices was above the inflation adjusted highs and the company just made a few large acquisitions and it would be prudent to lock in some production to pay down debt , continue the dividend and maybe even buy in a few shares of stock. i received some non-sense email back stating that investors wanted the oil price to float and that they should hedge against it if you wanted.

What a bunch of dolts on the board!