Marcial: ConocoPhillips, a Cheap Big Oil Play
The sharp drop in the price of crude oil—which traded at $55 per barrel in New York on Nov. 18, down from a record high of $147 in July&mdash has taken the pizzazz out of the shares of energy behemoths that not too long ago were Wall Street's top favorites. But for value investors, beaten-down oil stocks are an opportunity not to be missed.
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