PO

Parsley Ong 5.0 1 idea

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1 XOP State Street SPDR S&P Oil & LONG HIGH $159.69 Energy Defensive upstream oil companies are attractive in a $75-$90 oil price environment because… Apr 20 YOUTUBE
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TickerDirEntryP&LDate
XOP LONG $159.69 Apr 20
Favor defensive upstream oil companies for dividends.
Defensive upstream oil companies are attractive in a $75-$90 oil price environment because they offer upside risk to consensus earnings per share and attractive dividends (around 67%) in an inflationary environment, while avoiding companies with stretched balance sheets.
XOP HIGH Bloomberg Markets Apr 20, 04:38
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