What is one of the main reasons the oil sector stocks are considered cheap according to the discussion?
Conoco “Looks Cheap”, Opportunities in Permian E&Ps: Pickering

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Rising global oil prices
More regulations and apathy towards the sector
Technological advancements in oil extraction
Increased demand for oil
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is a fracking ban considered unrealistic in the discussion?
Fracking is not widely used in the industry
Fracking is environmentally friendly
It would lead to higher energy and gasoline prices
There is no political support for a ban
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key aspect of Conoco's ten-year plan?
Relying on oil prices to rise significantly
Expanding into new markets aggressively
Adopting a low-cost supply model
Focusing on high-cost supply models
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the broader industry trend mentioned in the discussion?
Shifting entirely to renewable energy sources
Increasing reliance on government subsidies
Prioritizing capital discipline and sustainable financial practices
Focusing on rapid growth and expansion
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which companies are highlighted as having great positions in low-cost basins?
ExxonMobil and Chevron
TotalEnergies and Equinor
EOG Resources and Diamondback Energy
Shell and BP
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