mikestockmarket
Short

Fortune 500 Oil companies remain strong

NYMEX:CL1!   LIGHT CRUDE OIL FUTURES
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3 of the top 10 FORTUNE 500 companies (2012) were oil             companies. Oil             companies seem to react to the price of oil             but neither of these 3 companies seem to have dropped with the recent drop in oil             prices.

Signs of weakness on any of these 3 could potentially give some momentum to the downside.

Other American oil             company stocks seem to have moved lower in the recent weeks but not these 3, is the fact that they are Fortune 500 companies filling investors with confidence?

Other oil             companies are moving lower on recent oil             price action:
Black Gold vs Americas Oil Exploration and Production Companies
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