Zacks Research has updated their six-month price target for COP to $73.70
*Conoco Philips CEO at Analyst Day Says Buyback Is Less of Priority Than Other Capital Use Projects
added back 65.06
$CL_F shot up from 47 to 54 in 5 trading days. Nothing says it cant go the other way as fast.
Bernanke's trying to rewrite his legacy of MONOPOLIES-deals NEVER done without zero rates- this is classic example.
I would just hold COP here (holding 200sh) (small-fry) also hold FEN, fyi, it's a bascet of MLP's, it tracks AMJ closely.. get some before dividend announcement in a week, FEN pays about 6.3%...