Wed, Jul 23, 2014, 5:11 AM EDT - U.S. Markets open in 4 hrs 19 mins

Recent

% | $
Click the to save as a favorite.

ConocoPhillips Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • jabbas.bigmomma jabbas.bigmomma Jan 4, 2013 6:58 PM Flag

    should i invest in ConocoPhillips

    So when Venezuela unilaterally increases taxes it's political risk, when the US and UK do it, its something else?

    Sentiment: Sell

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • believe what you want, I can't discuss with someone that hardheaded. their is a big difference between Chavez and Obama and it is called a Constitution

      • 1 Reply to rlbeard6734
      • The issue really isn't the difference between Presidents Obama and Chavez or the US and Venezuelan governments. Its that COP is exposed to large financial losses by the actions of the host governments of the countries they operate in. When the UK raised taxes a few years back, even within COP this was viewed as one of the largest nationalization of assets by a government since the windfall profits tax of the 70's. Because COP is retrenching largely to N America and Europe, they are more exposed to likely tax increases there, whereas before their political risk was spread out over more countries and more affected by possible nationalizations, war, etc.

        Sentiment: Sell

 
COP
86.02+1.49(+1.76%)Jul 22 4:02 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.