An international, integrated energy company organized into six operating segments: Exploration and Production, Midstream, Refining and Marketing, LUKOIL Investment, Chemicals and Emerging Businesses.
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COP will outpreform the market simply based on the taiilwinds crude oil and natural gas will receive as a result of demand re-emerging in the developed world as well as the continuous growing demand of the developing world. We nearly reached $160 per barrel of crude in August of 08; equally as crazy is current crudel at $45. When the economy gets to its feet we will find oil at the $60 to $80 range. A doubling in crude price will have a similar impact on COP's stock. On top of this, Obama's upcoming inflation will further dirve up oil prices. Oil and materials are a safe bet on many fronts right now.