Posted by: buddhistmingle December 13, 2014
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OAS, MPO AA
OAS and MPO are oil exploration comps. They have hedged a lot of oil for 2015 at higher price. While AA is STILL benefiting from cheap jet fuel..
Any oil companies that are hedged at a higher price for 2015 and 2016...will be at least double or triple from current price...assuming that oil price will go up from current price of $50-$60 per barrel.
OAS and MPO are oil exploration comps. They have hedged a lot of oil for 2015 at higher price. While AA is STILL benefiting from cheap jet fuel..
Any oil companies that are hedged at a higher price for 2015 and 2016...will be at least double or triple from current price...assuming that oil price will go up from current price of $50-$60 per barrel.
IBM is a beaten up mega cap..that's down significantly...and they're buying back shares...this is good for long term investing...
Last edited: 13-Dec-14 08:27 PM