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Re: Cheap Integrateds

Emerson290 <shanem.l...@gmail.com>

I may be more simple minded, but I think their cheap and being held
down because people just don't trust the oil rally. Another quarter
with oil in this range and the integrated, oil field service, and E&Ps
will all start heading higher. Of course, for oil to remain at these
levels earnings season has to go fairly well. If it doesn't I think
this rally might turn around. Long term though oil stocks do look
cheap.

On Jun 30, 11:28 am, Amanecer Inc <amanecer...@gmail.com> wrote:

> The integrated oils (XOM, CVX, COP) look cheap here with oil trading
> above $65. My view is that they are being held down by the hedged
> short Integrated/long Oil Service  trade which is due for an unwind
> now and should take the Integrateds higher by 20-25% from here.

> Any one else with a different view? Looking to stimulate some
> discussion here on the topic. Thanks