Eleven Oil Companies That Hedge Funds "Are Buying Like Crazy" -- For Investors Only

PennEnergy has a nice story on eleven oil companies that "hedge funds are buying like crazy."

The companies (and my personal history):

• Williams Co (WMB) -- one of my favorites
• BP Plc (BP) -- never bought
• Marathon Oil (MRO) -- bought a long time ago; sold
• ExxonMobil (XOM) -- core holding; have accumulated shares for 30 years
• Anadarko Petroleum (APC) -- never bought
• ConocoPhillips (COP) -- core holding; one of my best investments; accumulated shares over 30 years
• Chevron Texaco (CVX) -- ditto, see COP
• Halliburton (HAL) -- never bought
• Schlumberger (SLB) -- see COP
• Chesapeake (CHK) -- never bought
• Ensco Plc (ESV) -- never bought