Jan. 29 at 6:41 PM
$DVN when merging 2 equals approx in value, i hope you guys are not expecting a big pop here. look at both stock prices up 25-30% over last couple of months while oil is down, ever wonder why... because there are no secrets on wall street. would not be surprised to both sell off on deal being official. so from 40$, a deal is +/- 5% either way.... or a nothing burger to the stock price. look at recent oil/gas deals and the reality of the situation.... 1+1=2, not 3 here, this is a Flintstones type commodity business, no tech and big daddy is going to keep oil between 60-70 for the forseeable future... reality