While IMO will likely not diverge from other oil company stocks, the principle is true. Longer term, it could go up while others falter. P is good and largely domestic, but IMO is a lot safer and close to home. It is also mostly owned by Mobil, and I think they will buy the rest (if the price is attractive). If I were CEO of Mobil, I think I would BUY the rest of IMO now. If trouble happens in the Middle East, and it appears ready to HATCH, then low prices on IMO are a temporary phenomenon. Stochastics are not too bad, and it looks good for further upward motion as a trading vehicle too. Stick with IMO, and I think you will see $30+ this year.
XOM owns 69.X%. I was at an annual meeting a couple years ago. The CEO said the arrangement would not change. Other integrated oil is Shell SHC.TO. Owed 78% by Royal Dutch RD. All four good. No luck needed with these.