Dec 7 2006
3 reasons why I am adding ConocoPhillips
On November 28th, 2006, I have added ConocoPhillips (COP) to my portfolio at $65.17 per share drive by the catalysts listed below:
-Recently announced 50/50 JV relationship with Encana (ECA) adds long term value to COP.
-Management stated focus on improving shareholder value and improving to AA credit rating by (1) debt level reductions, (2) annual dividend [...]
