From Nasdaq:

Summary:
– In a podcast, Motley Fool discusses Occidental Petroleum’s acquisition of CrownRock and Disney licensing shows out of its walled garden. Netflix is in a position to make a purchase, while Alphabet faces an antitrust loss against Epic Games. Mark Kantrowitz is interviewed about changes to the FAFSA, and the Motley Fool provides advice for investing in stocks.

– Occidental Petroleum is acquiring private energy producer CrownRock for $12 billion, adding to their assets in the Permian Basin. They are using $10 billion in debt for the deal, which has prompted skepticism from the market. However, the acquisition provides access to additional inventory and a larger position in the Permian. The Permian Basin continues to be an attractive area for oil producers due to low breakevens and strong balance sheets.

– Netflix has secured a short-term domestic content agreement with Disney, allowing them to stream 14 library shows on a non-exclusive basis. This signals the difficulty of competing with Netflix in the entertainment landscape, as Disney and other companies are now licensing content to Netflix. The agreement includes popular shows like Grey’s Anatomy and This is Us, and ESPN’s 30 for 30 Library.



Read more: Oil & Gas Consolidation; Netflix & Disney Partnership; Federal Student Aid Changes