Replies to post #9932 on The Rising Influence of Rising Affluence

[DewDiligence]

Buyout vig is now elevating HES’ share price to some degree, IMO.

[semi_infinite]

>>>>>>>>>>>>>>updated<<<<<<<<<<<<<<<<<<

Elephant hunters besides XOM, my guesses ;

1. cnpc
2. cvx
3. rds - BGgroup
4. sinopec
5. cnooc
6 tot
7. statoil, lukoil, repsol (longshots)

targets not mentioned in starting post

BP
ENI
COP
APA
APC
CHK
OXY
ECA
Woodside ASE:WPL
Tullow
SU
CNQ
IMO (XOM buy out the rest of it)

The Chinese will try but they may run into the same political issues that happened when cnooc tried to buy Unocal before cvx swooped in. For that reason they will go for smaller us targets and may go after large non-US targets.

[DewDiligence]

Goldman Sachs’ Venn diagram of E&P buyout targets (click on the image to enlarge):

http://finance.yahoo.com/news/goldman-cuts-brent-forecasts-gives-123015475.html

While WTI is the only company inside all three circles, HES is inside two of them and nearly inside the third. FWIW

[semi_infinite]

APA being hunted now according to Bloomberg.

[semi_infinite]

CVX takes out APC - updating the list from a few years ago.

>>>>>>>>>>>>>>updated<<<<<<<<<<<<<<<<<<

Elephant hunters besides XOM, my guesses ;

1. cnpc (move to longshots because of China policy direction)
2. cvx (buys apc)
3. rds - BGgroup
4. sinopec (move to longshots because of China policy direction)
5. cnooc
6 tot
7. equinor, lukoil, repsol, eni, bp, cnpc, cnooc (longshots)

targets not mentioned in original thread post

ENI (moved up to longshot acquirer)
COP
APA
APC (taken out by cvx)
EOG (added)
PXD (added)
HES (added)
CHK
OXY
ECA
Woodside ASE:WPL
SU
CNQ
IMO (XOM buy out the rest of it, less likely given RDS moves)