BUY
Had a good run, but he would still recommend it. Still inexpensive relative to its larger cap peer names. Very important to note that it has very strong production visibility for this year, next year and through 2010 and 2012. International.
TOP PICK
Benchmark name in natural gas. Relatively inexpensive because it dropped when natural gas prices dropped. Low natural gas price is not sustainable. Huge reserve life.
HOLD
Has a great suite of refineries. You are coming into the summer driving season and the hurricane season. Cheap on a cash flow metric. One of the few pure plays you can get into. Very valued now.