SHEL - Lukoil: Blood In The Streets

• Lukoil, along with other Russian stocks, sold off violently this week.
• Sanctions were announced, but there isn't going to be any impact on the flow of energy from Russia to the rest of the world.
• Shares are dirt cheap, with a price-to-earnings ratio below 4x and a double-digit dividend yield.
• The majority of the company's revenues are denominated in dollars, hedging against further declines in the ruble.
• Investors with a healthy risk appetite and an ability to separate their emotions from their decision-making process might consider Lukoil.

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