Our continued positive outlook for ConocoPhillips s
shares reflects the company s strong position in the
politically stable OECD markets and attractive
valuation. The company has significantly strengthened
its upstream portfolio through its Burlington and
LUKOIL transactions and remains a premier domestic
refining player. The recent alliance with EnCana
further cements its upstream and downstream
prospects. We have raised our earnings estimates
ahead of the company s first-quarter 2008 results to
reflect strong commodity prices. Our new 2008 and
2009 EPS estimates are $11.10 and $11.45, up from
$10.39 and $10.97 before, respectively
by Zaxks
http://astuk-virtuallystocks.blogspot.com /