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"Oil's well" with these energy stocks - BTE, APC, DVN, NTI, LINE/LNCO - which Corvette Kid says...

"Oil's well" with these energy stocks - BTE, APC, DVN, NTI, LINE/LNCO - which Corvette Kid says could average 40%-plus total return in 12-18 months. Of Baytex, shares can push $60 if production growth hits forecast targets and heavy oil prices continue to recover. Devon management has all but indicated a sale is on the table, which could bring 60% upside.
Comments (5)
  • redink
    , contributor
    Comments (120) | Send Message
     
    Where does Devon stand on sale of TMS acreage in Louisiana?
    3 May 2013, 12:38 PM Reply Like
  • tennis111
    , contributor
    Comments (66) | Send Message
     
    A sale of the entire company, re DVN? That would be fine with me as I've owned it for a long time.
    3 May 2013, 01:55 PM Reply Like
  • noobie107
    , contributor
    Comments (315) | Send Message
     
    Could someone explain what happens when a company is sold? What happens if you own stock of either the company being bought or the company doing the buying?
    3 May 2013, 08:42 PM Reply Like
  • Midas86
    , contributor
    Comment (1) | Send Message
     
    All depends on what the terms and type of deal is struck. Could be cash or stock or both.
    3 May 2013, 11:36 PM Reply Like
  • toomuchgas
    , contributor
    Comments (843) | Send Message
     
    I think they were just talking about spinning off some assets (probably pipelines) into an MLP.
    4 May 2013, 01:24 PM Reply Like
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