I was doing my normal stock, earnings and sector research over the weekend and I came across this Exploration and Production Sector chart XOP (above).  The 2007-2009 financial crisis was a “once in a generation” collapse similar to 1973-1974 and prior to that the Great Depression.  The implication of this sector trading at 2009 levels … Continue reading Snake OIL? How Portfolio Managers View Exploration & Production Stocks…