Up 1.92% on the day. Amazing what a BIG find in the GOM does for an oil stock.
Sentiment: Strong Buy
Great day it is but can you explain why the difference in growth percentages today between COP who has 30% of the well and APC who has 30% of the same well? ( ie ) COP goes up 2% and APC goes up 3-1/2%
COP is a larger company so the impact of the same discovery has less proportional impact on their earnings than it does on APC. The percentage increases seem to be in the right ballpark.