Dan Dicker, energy contributor at TheStreet, talks with Jim Cramer about the aborted buyout offer of Apache Corp (APA) by Anadarko Petroleum (APC). Dicker liked the idea from Anadarko, using their own shares to try and 'steal' Apache at a very undervalued price. Ultimately, though, Apache dismissed the offer and Anadarko was forced to withdraw its bid on Wednesday. Instead of the start of some sector-wide consolidation, Dicker is still waiting for some of the big deal making to start. He plays a 'lightning round'-type game with Cramer, listing some U.S. independent oil companies that could be possible takeover targets. They include Continental (CLR), Hess (HES), Devon (DVN), Cimarex (XEC) and Anadarko itself.
More from Video
Biogen Bulls Get a Lift From Quant Upgrade and Strengthening Charts
Breaking down an approach to the long side of this biotech stock.
Is Renewable Energy the Defensive Stock Opportunity You're Missing
AMSC CEO discusses that and China challenges.
Takeda Pharmaceutical CEO Talks Big Pharma Trends
One of pharma's biggest CEO's talks M&A action on the exchange.
Real Money Video Wrap: Citi Surges as View of Stability Saves Sentiment
Citi overcame a mixed print to send its stock surging on Monday.
Real Money Video Wrap: Apple Rallies as Services Segment Takes Center Stage
There is a lot of Apple news to chew on Wednesday.
Real Money's message boards are strictly for the open exchange of investment ideas among registered users. Any discussions or subjects off that topic or that do not promote this goal will be removed at the discretion of the site's moderators. Abusive, insensitive or threatening comments will not be tolerated and will be deleted. Thank you for your cooperation.
If you have questions, please contact us here.