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ConocoPhillips Message Board

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  • rlbeard6734 rlbeard6734 Dec 26, 2012 5:20 PM Flag

    should i invest in ConocoPhillips

    they are selling assets in foreign countries and concentrating on the USA were new technology will make us the largest oil producer in the world and the NG assets will make us totally independent of foreign energy. This will reduce the political foreign risk involved and concentrate them here. I personally believe it will enrich stockholders and provide a great revenue stream of dividends. They are ahead of all their competition on this matter and a very astute move IMO. The downgrade is an opportunity for you and you should take it. AS this fiscal cliff wears off you need to get your position on. I have been in it for over 3 yrs, got a $17 spin off per share and $8 plus in dividends and still up $8 more on the stock. The spin off is now $26 per share. I think it has had a great return close to a double in 3 yrs of my original investment not including covered option income.

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