COP has a very highly debt, but with risk come's reward. Eagle Ford is great for COP, and Texas is business friendly. That 5% dividend is secure, thank's to Texas, and Eagle Ford.
COP is EXACTLY where they WANT to be regarding debt. They do NOT have debt they cannot EASILY service. They are indeed a major player in the Eagle Ford. The next move in their dividend will be an INCREASE!
Sentiment: Strong Buy
I am not sitting on cash right now. Any cash I come into goes into more COP stock (long term hold and reinvesting the dividend).
I am now 30% in cash, but will deploy that cash if the stock market decline's. Mr. Romney is pro oil. If the stock market decline's...right now i am invested in "safe" play's" CL KO, PG etc.