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Re: ECole post# 341

Sunday, 08/18/2013 6:02:25 PM

Sunday, August 18, 2013 6:02:25 PM

Post# of 612
Shareholders who have been long Conoco since the 2012 spinoff and before have benefited the most. Conoco shares are no doubt up a lot recently.

But I don't think it's over. Conoco's 4.13% dividend still leads its peers by a good bit. Conoco is a buy until the yield hits 3.6% or thereabouts.

Even then the dividend would be higher than Exxon (XOM) or Chevron (CVX), but we probably need some yield premium to compensate for lower return on equity and capital versus those other two.


Purely my own opinion. Do your Due Diligence.
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