APC's CFO is better at trading than I am for sure. There was an article (Bloomberg?) today about the widening discount in terms of EV/ebita between XOM and APC, and how that makes APC more attractive shark bait. I think the discount is there for a reason, XON has big ballast in refining and chemicals. If current trends continue, upstream and downstream will flip-flop back to decades of old when oil refiners make most of the money during an era of surplus.
News 
Market Data 
Discover 
AI
