Why Exxon and Petrochina are trading dirty cheap?

Discussion in 'Stocks' started by Daal, Apr 2, 2007.

  1. Daal


    PEs 11.5 11.8
    Thats fking insane. Exxon is a fking AAA rated company, petro gives you exposure to the yuan which will guaranteed gain against the dollar. even oil movements doesnt explain this
  2. Because their intrinsic values are pegged directly to a volatile commodity.

    Should crude oil drop in value, their "cheapness" will melt very quickly.
  3. Talk to the investor relations department

  4. Most likely remain depressed until late May/June.
  5. They trade with oil price. No growth no high P/E.