07-10-2017, 09:01 AM
(07-07-2017, 06:31 AM)Binary Wrote:I think that's just the nature of the big oiil companies. The good years compensate for the bad years. I've owned XOM, CVX, RDS, COP, PSX, and BP for many years and am happy, even though of course the last few years have been rough.(07-05-2017, 02:17 PM)divmenow Wrote: BTW has anyone been buying the oil stocks?? XOM, CVX, SLB, COP and so on. Retail and Oil are the 2 sectors that are at or near new lows. I would much rather play the oil stocks but something tells me we are headed lower. Thoughts?
I'm thinking about XOM now, never had a position in it. I'm just not brave enough to pull the trigger. Company looks nice, so does the yield, but the growth is very small in recent years.