Hi everybody,

When oil prices dropped to extreme lows I bought into major oil companies, mainly Total and BP. Since oil price recovery both companies had quite a nice run. Looking at valuations and stockranks I am asking myself: should I maybe reduce positions in both and rotate into cheaper energy companies, e.g. Spanish Repsol (higher stockrank)?

Dividend yield is comparable for all of them: at average price I had bought >5%p.a.

What is your opinion?

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