ALWAYS look into possible self-serving when financial analysts speak. When you do this long enough, you learn to weed out the ones who routinely have an interest in something taking place. There is always a possibility a huge oil & gas company could go after DVN or CHK on a hostile takeover basis, however, since the 1980's and the days of junk bond leveraged buyouts, Michael Milkin, T Boone Pickens (the younger version) and Kholberg, Kravis, Roberts (KKR), hostile takeovers are less frequent. They generally look for more willing partners.
There are still some folks like Carl Icahn out there who infiltrate the board of directors with his own people and either take over the company or force a sale. Lets hope he keeps his paws out of another of our companies the way he did Six Flags.
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