I think it and the others will benefit as we see higher profits from the refining segment as well as from the oil production segment of their business. At Edward Jones, we're long-term investors, so we actually don't set target prices. But I think definitely the stock has room to rise. And I think the merger with Mobil ( MOB ) will in fact provide a bump in the stock price later this year.
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Cost saving is a big piece of what oil companies have to do. This is a commodities business, so the companies that do it best are the ones that do it more efficiently.Kate Warne
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There will be supply disruptions for a while. As gas and gasoline prices spike, Canadian oil companies are positioned to continue producing as much as they can and benefit from the situation.
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People have just been waiting for the end of bad news. They may not be right, but at least they're hoping we've seen.
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Today the optimistic spirits prevailed and confidence just built as stocks held their higher levels, ... Everybody's now thinking maybe we've seen the bottom.
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If you think aficionados of a living Constitution want to bring you flexibility, think again. You think the death penalty is a good idea? Persuade your fellow citizens to adopt it. You want a right to abortion? Persuade your fellow citizens and enact it. That's flexibility.
Antonin Scalia
Fighting for peace is like screwing for virginity.
George Carlin
It is a good morning exercise for a research scientist to discard a pet hypothesis every day before breakfast. It keeps him young.
Konrad Lorenz