A Bullish Article On Conoco Phillips Split

We’ve previously discussed the Conoco Phillips(COP) split here and here. James Shell posts at Seeking Alpha his case for buying Conoco Phillips this week. Shell projects that the companies trade at a 5% discount as a result of being combined. Is that enough to justify the split? Does the trend to dismantle vertically integrated oil companies make sense, or is it a shortsighted move to take advantage of the prevailing winds?

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