Energy: Occidental, Anadarko, and Berkshire Makes 3
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 9 May 2019
⏱️ 24 minutes
🧾️ Download transcript
Summary
With Chevron bowing out of the bidding for Anadarko Petroleum, it appears Occidental has won its bid for the Permian E&P giant, with help from Warren Buffett and Berkshire Hathaway. Motley Fool Contributor Matt Dillalo and Industry Focus Host Nick Sciple break down what the deal means for all the parties involved and take a look at Berkshire Hathaway’s earnings reported over the weekend.
Stocks Mentioned: BRK, OXY, CVX, APC, KHC, BAM, KMI
Check out more of our content here:
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Thanks to Grammarly for supporting industry focus. |
| 0:02.4 | Grammarly is a communication tool that helps people improve their writing to be mistake-free, |
| 0:06.4 | clear and effective. |
| 0:07.9 | Start writing confidently by going to Gramerly.com slash Fool to get 20% off a Gramerly |
| 0:12.3 | premium account today. |
| 0:13.4 | Welcome to Industry Focus, the podcast that dives into a different sector of the stock market |
| 0:19.5 | every day. |
| 0:20.5 | Today is Thursday, May 9th, and we're talking about Berkshire Hathaway. |
| 0:23.2 | I'm your host Nick Saipel and today I'm joined by Motley full contributor Matt Delalo via Skype. |
| 0:27.0 | How's it going, Matt. |
| 0:29.0 | Going well, how are you? |
| 0:30.0 | I am doing great. |
| 0:31.0 | You know, this Anadarko Occidental Petroleum Chevron deal, we just can't |
| 0:37.2 | seem to get away from it. You know, we talked about, you know, last time we had you on the show, |
| 0:41.3 | April 18th. Chevron had just made an offer to buy in |
| 0:44.9 | a darko. 12 days later, Warren Buffett and Berkshire Hathaway jumped into the mix and we're |
| 0:48.6 | going to talk about that today. |
| 0:49.6 | But then this morning, Chevron announced they're pulling out of the deal. |
| 0:52.3 | So, you know, every time we come on this show, we're getting new news, new stuff to talk about here with this deal. |
| 0:56.6 | So, you know, just the news of the day before we kind of dive in deep into kind of the details of this deal. |
| 1:03.8 | What's kind of your thoughts on Chevron |
| 1:05.2 | pulling out today, taking that billion dollar, |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from The Motley Fool, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of The Motley Fool and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.