Oil Energy Thread (oih)

[madrose1]

Barron's "Cover Story": ConocoPhillips (COP $73) may be too cheap to ignore on an absolute basis and relative to its peer group. That appears to be an emerging consensus among sector analysts. Conoco, which closed Friday at $72.77, currently trades at less than 8x projected 2007 EPS of $9.40, while ExxonMobil (XOM) trades at about 12x EPS. Further, in addition to solid operational characteristics, COP has been telling Wall Street that it will exercise restraint with acquisitions and put more emphasis on share repurchases, and others also see a 10% dividend increase, moving forward, as well...