What improvements would you like in Yahoo! Finance Message Boards? Please send us feedback.
Message Boards Settings Petroleum & Resource Fund (PEO) - Quote Info
Strategic Withdrawal from the majors?     14-Aug-08 10:29 am    
I have been a long term holder of this fund and have profited handsomely. For the first time, I am a bit nervous about the holdings.

There appears to me to be a resource war shaping up. The Russian invasion of Georgia may only be the opening salvo. The fund has large holdings in Exxon Mobil and Chevron who rely on shaky foreign nations such as Saudi Arabia.

The fund has excellent holdings in oil services but I would like to see them lighten up on XOM and CVX and move more toward North American players such as Devon, Apache, Anadarko, Chesapeake, Suncor, and Encana. (Devon is currently a signficant holding)

It does not have to be overnight. I bet that PEO's basis on XOM and CVX is very, very low so we could all get a huge capital gain to boot.

Times are changing and this old fund needs to shift gears a bit. Comments?

Good luck to all,

TOPPS


Sentiment : Hold
Rating :
 (3 Ratings)
Rate it:
awful/not related to \pooraveragegoodexcellent

toppscollec...

Male


View Messages

Ignore User

Report Abuse

< Previous Message |   Next Message >
View: Simple | Summary | Expanded
As: Threaded | Msg List
Page 1 of about 1   First | < Prev | Next > | Last

Messages in Topic

Minimum rating: What's this?
  Subject Author Rating Time of Post (ET)  
 
Strategic Withdrawal from the majors?
toppscollec... 14-Aug-08 10:29 am  
 
According to Morningstar, the Oil Supermajors are ...
Rohas222 Rate it 13-Apr-09 09:54 am  
 
Topps: Thank you for your post. You might wish ...
howiephd (1 Rating) 9-May-09 12:01 pm  
 
Thank you for your thoughtful message. I have...
toppscollec... Rate it 12-May-09 09:36 am  
 
Topps: Sorry for grammatical error (t...
howiephd Rate it 12-May-09 09:24 pm  
View: Simple | Summary | Expanded
As: Threaded | Msg List
Page 1 of about 1   First | < Prev | Next > | Last

Petroleum & Resources Corp. (PEO)

Chart for Petroleum & Resources Corp. (PEO)
On Dec 2: 23.45 Down 0.22 (0.93%)
Symbol Lookup