[video] Cramer Quick Take: Anadarko: Playing the Energy Revolution
Cramer was quick to say that it it's a mistake for oil plays to not move higher with geopolitical tensions escalating around Syria and probable U.S. military action.
He added that he likes EOG Resources
The latter has been focusing more heavily on developing its operations in the United States and selling its holdings in assets that are systematically undervalued.
Anadarko is trying to become a major, Cramer said, a company like Chevron
Link added that unlike Exxon, which has production growth of only 2% to 3%, Anadarko could have production growth of 7% to 9%, and recently doubled its dividend.
The company is expected to invest some of the proceeds of its recent $2.6 billion sale of a stake in Mozambique in its operations in the Permian basin and Eagleford Shale.
Cramer concluded that Anardarko could reach double-digit production growth from Eagleford and believes the stock could go to $100.
-- Written by Bret Kenwell in Petoskey, Mich.