Conoco “Looks Cheap”, Opportunities in Permian E&Ps (Bloomberg)

Pickering Energy Partners founder and CIO Dan Pickering talks with Bloomberg’s Alix Steel on “Bloomberg Commodities Edge”. Pickering likes Permian oil explorers such as EOG Resources, Diamondback Energy and Parsley Energy as a shift toward capital discipline entices investors. He also called ConocoPhillips “cheap” right now “with a lot of free cash”.