BP, COP, CVX, XOM and others

[hendi_alex]

Added an increment to COP today, just a modest buy, to pull the weighting back into its target range. Will continue to add to my energy positions, COP, MRO, OXY, XOM, but only to maintain their current weightings of about 11% cumulatively. If capitulation takes place in October, I may buy some trading shares over and above the core, but will likely keep the core weighting in the 10%-12% range for some time. The portfolio also has an 11% weighting in pipeline companies via KED and KMF, so a pretty steep weighting still given to energy, in spite of current market turmoil.