The WTI Oil price is at circa 82 USD.
That said, the stock prices of most oil companies like Exxon Mobil, Chevron, British Petrroleum, Marathon Oil Corporation, Petroleo Brasileiro, Devon Energy, Occidental Petroleum seem depressed both in the current environment and in historical comparison.
The oil majors mentioned above are circa 40 % undervalued, according to Wolfteam Ltd.
www.wolfteamedge.com
Disclaimer: The above blog post is not a recommendation or solicitation to buy or sell securities or derivatives!
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