Listen: Anadarko, Chevron And Anna Darko discussed on Best Stocks Now
"Have not that one Chevron planning to acquire Anadarko petroleum ABC. That is dark owes a thirty three billion dollar company. Thirty two billion right now and Darko is up. Thirty two percent today. They are headquartered in the Woodland's Texas is an Darko there. Mainly in the US, natural oil and natural gas exploration. I've watched Anadarko for many years all of a sudden here, come Chevron and Darko has not been a very good performer as a. A stock over the last three to five years, but I would say this that the valuation is quite compelling on it. And I think that's why Chevron is stepping to the plate here. And I also say that there weren't any signs of this one. This one came out of nowhere, the relative strength, and Anna Darko was very weak. Sometimes you'll see really strong relative strength for a couple of weeks. And then boom along comes a purchase. And you say somebody knew something, but I don't see any unusual volume here in Anadarko today, Chevron swoops in snaps up Anadarko in a stock and cash deal. And then you've got now another company coming forward and saying wait a minute Occidental is saying we're interested in Anadarko too. So. So we'll see what happens I guess an accidental is now considering its options after bidding more than seventy dollars a share for Anadarko, but Anadarko Chevron's lower bid, which was sixty five dollars a share and stock in Chevron. So maybe a little bidding war here. Going on for a PC spent a pretty good year for the energy sector. But as I look at the app, the energy sector ranked at or near the bottom is not a sector. I have very little exposure myself to the energy sector here. But I think I wanna say oils up thirty five percent. So far this year, the price of oil Uber files for that one billion dollar. I. PO? They're going to list under the New York's list on the new York Stock Exchange. Under the ticker Uber. Uber uber. You b e r the company reported eleven point two billion dollars in sales last year. But a net loss of one point"