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.
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.
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).