Total (ticker: TOT): An Oil Stock with a Supersized Dividend – Barrons.com

An Oil Stock with a Supersized Dividend – Barrons.com

At 6.1 times 2011 earnings, the company is trading at a significant discount to its five-year average price-to-earnings multiple of 9.7. And once new projects ramp up, production could grow considerably.

It appears that investors have taken concerns about the stock into account, and then some. With Total’s shares trading well below their historical average and more production growth on the horizon, this could be the right time to take another look.

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