american oil giant chevron has eighteen to thirty three billion dollar deal to buy and a darko petroleum the agreement will boost chevrons natural gas and shale business in announcing the acquisition chevron said it would issue two hundred million new shares and use eight billion dollars in cash to make the purchase they will also take on fifteen billion in debt the deal is one of the largest in the oil sector since the two thousand and sixteen acquisition of b.g. group by shell for fifty billion on the news anadarko stock shot up to sixty five dollars per share nearly forty percent higher than thursday's closing price chevron has made a name for themselves with eight thousand gas stations in the united states and eight of their own refineries and the darko on the other hand has focused their business on production uproot oil and natural gas they sell their product to other companies to then refine the product chevron stock was down roughly five percent following the announcement of the deal. tesla's model three was supposed to be it was supposed to be the affordable tesla it's just thir

who had already been wooed by chevron and darko petroleum was already in fairly advanced talks with chevron for a sale at thirty three billion dollars occidental has now up that price to roughly thirty eight billion dollars at seventy six dollars per share eleven dollars above chevron's bid the broken engagement between anadarko and chevron would include a one billion dollars fee interestingly a spokesperson for occidental expressed frustration that anadarko had not informed occidental of that provision. the prize in the fight is a company with extensive global holdings including key asses in the much discussed hermes and basin in west texas a primary site of the or oil shale boom shares of anadarko were up more than twelve percent on the news while the stocks of the two other corporate suitors fell. as we reported yesterday to trumpet ministrations decision to end all exemptions to their defacto blockade of the rainy and oil sector seemed to move markets with prices rising to recent highs the policy change affected five countries including major consumers china india and turkey whi

who had already been wooed by chevron and a darko petroleum was already in fairly advanced talks with chevron for a sale at thirty three billion dollars occidental has now up that price to roughly thirty eight billion dollars at seventy six dollars per share a love in dollars above chevron's bid the broken engagement between anadarko and chevron would include a one billion dollars fee.

the lead, but the visitors managed to score on the stroke of half time through serbian international darkoect a point and leave napoli 20 points adrift ofjuve with seven matches left to play. per munching gladbach. .. florian neuhaus put the home side ahead less than five minutes after half time, with a bit of luck getting it past the goalkeeper. but with just over ten minutes remaining, davy klaasen equalised for eighth placed bremen. stoppage time penalty salvaged a3— all draw. with the score at 1—1, this strike from martin odegaard put vitesse ahead after half time. luuk dejong equalised for psv. then tim matavz seemed to have won it for the arnhem side seven minutes from time. but maikel van der werff picked up a red card when he took down hirving lozano down in the area. the penalty scored by lozano means the points were shared. psv and ajax are on equal points at the top of the league with just five matches left in the season. the tennis... madison keys beat caroline wozniacki 7—6 6—3. the american who lost out in the final here four years ago hadn't reached a wta final since losing

it's telling a story we see anna darko down, occidental down. and this reduces the likelihood chevron comes in with a rebid for anadarko yet, look at the price of chevron, going up. maybe the market is say, eh, this might make chevron walk away if you need that silver arrow, this is a steep price to pay i mean, not my opinion you talk too anybody, if you will give out 100,000 preferred shares with an 8% dividend, with a lock-in period of ten years, 8% coupon for buffet buffet you know he's a nice guy, comes on with becky, smiles. he drives a hard bargain, guys, 8%, 100,000 shares for ten years. it's a steep price to pay. it may be what gets occidental over that finish line with anadarko. >> it would seem like it >> it certainly would. why don't i ask somebody that knows more about it than i do, our next guest 250d, cash flow was up, the price moving up. quickly, would you pay an 8% coupon to warren buffet? >> i would study the credentials, but anadarko is a great set of assets, chevron is a good company, occidental is a good company, there are s

as good as darko significance is that they indicate christian graves or it is because i remember they were still he even in the seventh century who got a high haps the deceased all their relatives and hoped all wish to mark the graves so that none would be forgotten on the day of judgment of our goods but it's kind of a guess and was. originally the symbol of an agonizing and shameful death the cross became a sign of hope and redemption what christians call the mystery of faith. from this point on christians have looked for ways of expressing this faith. they have looked to artists to give visual forms to this provocative mystery and to communicate a belief that elites recent. either about the next battle aside of his work doesn't look at all like a crucifix or thought of but i would say use of the voice was focusing here in one nine hundred seventy one on aspects of death and resurrection which the cross represents you're here in spirit give it up. a simple wooden crate. an ammunition crate from the second world war its contents represented death. above the great the dead trunk of a

minutes later if not really at last in the chapter but already belong to uva this go from generals darko last of which would seabiscuit a man one one but a twenty point gap at the top means that is only a matter of time until the title goes to two really. so with football and what could have made their way into the f.a. cup final where they will play manchester city on sunday it looked like moves would actually be on their way to the final and they went to no let up through their own human is only a go but what food they never gave up gerrard deal or failed pulling off a lovely ship with eleven minutes to go and then in injury time troy deeney held his nerve to convert a penalty and false extra time did a further than popped up to compete to come back and say what for today first if a cup final since nineteen eighty-four. or football in tanzania has gone under the radar in africa for decades but an upturn in fortunes has seen them hit new heights at both club and international level for the country qualifying for the africa cup of nations for the first time in nearly forty years pool. su

minutes later if not really at last when the charitable already belong to uva this go from generals darko last of which would seabiscuit a man one one but a twenty point gap at the top means it is only a matter of time until the title goes to two really. so with football and what could have made their way into the f.a. cup final where they will play manchester city on sunday it looked like moves would actually be on their way to the final they went to no let up through their own human is only a go but what food they never gave up gerrard deal a failed pulling off a lovely ship with eleven minutes to go and then in injury time troy deeney held his nerve to convert a penalty and fool's extra time did a fair then popped up to compete to come back and say what for today first if a cup final since nineteen eighty-four. football in tanzania has gone under the radar in africa for decades but an upturn in fortunes has seen them hit new heights at both club and international level for the country qualifying for the africa cup of nations for the first time in nearly forty years. success stories in

failure after member chevron just paid fifty billion dollars including debt to acquire a rival and a darko and that really was about acquiring shale assets in the permian basin the companies can make money on losing assets absolutely because it's a padi's game right and you can make money on deposit scheme and they can bail out six tracking money losing operations by i and other fracking and combining them because going to refinance i'm going to run the maturity these bonds are going to do the red queen centrum in the bond market it's a loser but we can all pay ourselves huge amounts of money right so it's a scam it's a ponzi scheme and it looks like a sore live because a depletion ratios as you point out in the industry wide are very low whereas saudi arabia they stick a stronger ground the gal are oil field and they're still pumping oil out of like five dollars a barrel and speaking of the saudis are going to take around the cow do a deal it's worth they've got now some visibility on an eleven billion in profits more than the top five companies in america combine their they obviously got

do you like it more today in light of this anna darko chevron hook-up than yesterday and do you see more deals coming? >> tyler, perhaps my notes actually said we thought the energy stocks were due for a catch-up to oil prices and yes, i do what is evidence of is investors realizing with substantial enough bid and higher oil prices should breed a more positive climate to see more c consolidation with the industry occur. >> you expect an announcement out of the white house later this hour. we're going to take it and talk it a little bit more this hour if you had one stock to choose that is going to be a beneficiary of the 5g, give me your favorite potato chip here >> it's always hard to pick just one, but i'd have to go with the two that are builds the towers both making a lot of revenue increases and the growth is there and future is there. those would be the two we're looking at >> thanks for the answer have a great weekend guys. >> thanks. >>> the deal of the day. chevron buying anadarko petroleum, making it one of the biggest. what fueled this deal? >> we've been looking, at our compa

with you berkshire hathaway is committing a 10 billion equity investment in occidental to finish an darkodental more when we come back also, coming up still ahead, celebratinging national don't a shelter pet today recently did just that i adopted baby -- there she is one years old absolutely pressure gorgeous we tell you how you can help save a furry friend i am so happy i did it back in a minute. ♪ baby, my baby, i need you oh how i need you, but all you do is treat me bad ♪ $4.95. delivery drones or the latest phones. $4.95. no matter what you trade, at fidelity it's just $4.95 per online u.s. equity trade. ♪ maria: welcome back. this video is incredible. there were a whole host of puppies here yesterday and it is national adopt a shelter pet day. it is all about raising awareness for thousands of pets waiting for a forever home. this year has been especially special for me, because as you know, i have adopted a puppy named bella dusty. here she is. she's incredibly cute and loving, and she really does know she's a rescue. she knows that i helped her. she's such a good dog. she's 1-year

i have a barbell i have atlanta darko, concho, eog, a little bit more beta, and i still have my chevron position and i'm kind of comfortable doing it that way. >> i've got a question from a viewer on a stock that you own david, thanks for the question it's timely. halliburton. what do you do heading into earnings he wants to know if you sell it into earnings or hold out. and weigh it with some of the uncertainty in the oil market. >> i have got into that one as well like so many other ones where the unusual activity got my attention but i bought the stock because i liked the fundamental story. this is one of the biggies we talk about halliburton, and because of that, i like the stock, i think it's relatively inexpensive and i can sell calls against there to bring in some premiums so i'm going to continue to do that so i'm not going to exit out because i'm not worried about earnings >> sarat, you've been building positions in big names >> barbell strategy, same as steph, we own chevron and royal dutch and on the other side is apache and pioneer if you get where you're talking about, the

berkshire is investing billions and will this tip the scales in their favor in the fight for anna darkopple is on the clock, beyond all the

nana jones darko, who runs trim—it, a mobile barber shop which is going to have to change their originalr yard, we are in the zone. going south is fine. and it will cost £100 per day per vehicle and we have a fleet of 12 vehicles, and most days they go north. what are you going to do? we are hoping for a retrofit solution which is currently not available. that is a system to fit the existing coaches to make them comply, so fitting a diesel filter with technology. but it is not available? what are you going to do? we are hoping they will bring the systems on board and people are working on it. what do you think of this move? it is an essential first step from the mayor. london is filthy and it is harming people's help and we have known that for a long time. it is still at illegal levels ten years after the legal limits came into force, which is why it is taking this bold and essential step to clean up people's help. as a business person do you understand the motivation for this even though it will affect your business as well? i wholeheartedly agree with it. however it comes down to busin

chevron is announcing it will be acquiring an darko. talking about the deal price, good for both sides. you're looking at -- we want to show you chevron stock this morning, down 1%. it is just coming out with this news as we speak. that it will acquire andarko, and we've seen this move in oil prices. interesting to see an acquisition now when you're seeing oil where it is, up near the highs of the year at $60.47 a barrel. it's up -- i'm sorry, andarko petroleum is up 30% right now. oil is up to $64.48 a barrel, john. you've got a huge premium being paid for andarko and the stock is up 30%. what's your take-a? >away?>> we do have a fracking n united states. this might be a play by chevron to place bigger bets on the fracking. maria: that's a good point. we've seen the president talk a lot about the u.s. being the number one producer in the world and so you've got a backdrop which is pretty positive for the oil sector, right? >> well, you know, the united states is on thing verge of becoming a net exporter of oil for the first time in man