Seems like they have some backing and filling to do. At 41 x earnings and PEG at 2 share price seems to have gotten ahead of itself. Has been too much of a momentum play as of late. Another "bad" quarter could be very painful.
well, COP has been a qute a thrill-ride, too. Wish I'd waited to sell my Phillips66. Got sucked in by the "analysts" who were throwing away refiners right before (wait for it!) they started buying them hand over fist.
Worried about rising oil prices. $110 per bbl usually a tipping point.