It certainly doesn’t hurt that shares are up nearly 38% since the spin off nor is there any reason to complain about their recently announced 25% dividend boost. The company also received a very high profile stamp of approval after Berkshire Hathaway added to their position in the company above what they received in the spinoff. Warren Buffett who’s known for wanting to own great businesses now holds a five percent stake in the company.I don't care for Motley Fool all that much, but occasionally I enjoy their stories. This was one I enjoyed.
Tuesday, October 9, 2012
Random Note on COP From Motley Fool -- Nothing To Do With The Bakken
Nice link here from Motley Fool regarding Phillips 66, COP, and CVX.
Posted by Bruce Oksol at 3:45 PM