“Exxon Mobil Weighs Takeover of Oil Recovery Specialist Denbury”
October 11, 2022
“Exxon Mobil Corp. is considering a takeover of Denbury Inc., an oil and gas producer with the largest carbon dioxide pipeline network in the US, according to people familiar with the matter.
Exxon has expressed preliminary interest in the Plano, Texas-based company, said the people, who asked to not be identified because the matter isn’t public. No final decision has been made and Exxon could opt against proceeding with a potential deal, they added.
Shares of Denbury jumped as much as 12% and traded at $98.83 at 3:49 p.m. in New York Monday, giving the company a market value of about $4.9 billion. A Denbury representative declined to comment, while an Exxon representative didn’t immediately respond to a request for comment…”
https://finance.yahoo.com/news/exxon-mobil-weighs-takeover-oil-194942009.html
Oh wait a minuet. Let all the “experts” tell it they say to invest outside of America. Ok why are billion dollar companies even considering buying American companies then? No the truth is this time in history is an opportunity of a lifetime. Everyone says “oh America doesn’t produce anymore.” Ok well start a business. If the dollar collapses and all this garbage like people claim will happen America will still need goods and services. Producing them at home would be much cheaper at that point. Since America “doesn’t produce anything” the companies that do will skyrocket. Also those people would avoid the depression caused by the dollar collapse because people still have to buy stuff they need.
Listen I said this once I’ll say it a thousand times. As long as America is a free capitalist nation it can not be stopped. Until this changes it will ALWAYS be the best place to invest. Always. It’s just a fact. It’s not because America is special or anything of that sort. It’s because it’s the most free and the most capitalist place on the planet. It’s just a fact.