Tuesday, April 24, 2012

Seeking Alpha:Given The Operational Risks, ConocoPhillips Is No Bargain

Some companies just seem to have a knack for making the wrong moves, and I fear that ConocoPhillips (COP) is one of those. While many of the company's decisions make sense on a passing glance (buying energy companies a while back, spinning off the refining business, etc.), they just seem to go sour in the hands of ConocoPhillips. Given the neither fish-nor-fowl nature of the post-split E&P business, I think there are better buys to be had in the oil patch today.

Please read more here:
Given The Operational Risks, ConocoPhillips Is No Bargain

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