ConocoPhillips engages in the exploration, production, transportation and marketing of crude oil, bitumen, natural gas, natural gas liquids and liquefied natural gas on a worldwide basis. It operates through the following geographical segments: Alaska; Lower 48; Canada; Europe and North Africa; Asia Pacific and Middle East; Other International; and Corporate & Other. The Alaska segment primarily explores for, produces, transports and markets crude oil, natural gas and natural gas liquids. The Lower 48 segment is consist of operations in the U.S. Lower 48 states and the Gulf od Mexico. The Canada segment is comprised of oil sands development in the Athabasca Region of northeastern Alberta and a liquids-rich unconventional play in western Canada. The Europe and North Africa segment is consist of operations and exploration activities in Norway, the United Kingdom and Libya. The Asia Pacific and Middle East segment has explorations and product operations in China, Indonesia, Malaysia and Australia; production operations in Qatar and Timor-Leste; and exploration activities in Brunei. The Other International segment handles exploration activities in Columbia and Chile. The Corporate and Other segment is comprised of interest expense, premiums incurred on the early retirement of debt, corporate overhead, certain technology activities, as well as licensing revenues received. The company was founded in 1875 and is headquartered in Houston, TX.
That's an interesting area between October 31 and November 20th... How did you do during that time? Do you have any recommendations on how to deal with "swings" that pivot slightly above or slightly below what you expect. Also as a more general question how do you anticipate "day to day" or time changes in prices? What do you think is a typical "change" in a day for this stock or how would you measure this? :). Hope this helps!
Bankuur
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Nice chart! I love playing the energy sector, but I'm skeptical right now which way refiners will go. I'm guessing down for the most part, because $ per barrel is going to rise a bit further, which hurts refiners bottom line. However, a company like ConocoPhillips may benefit, as they are heavy into the upstream, and will profit off a rise in oil price. Either way, I am also looking at energy pretty heavy right now. I have an open long position in /CL.