Buy, buy buy This recent selloff has little to do with fundamentals. Stop dreaming about imminent takeovers and stop blaming the CEO.
On Monday the regulators took control of First Republic Bank. The same day JP Morgan agrees to buy the troubled bank and the next day (Tuesday) its shares were delisted - shareholders lost everything. Oil and markets went down and so are oil and gas equities. This panic selling is continuing today while the Fed just raised interest rates by 0.25%. This was highly anticipated and the fed may pause for a while.
There is a good chance that oil and oil equities will recover when the dust settles. Just Buy if you have any money and stop fighting over nonsense.