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What: Shares of petroleum producer and explorer Cabot Oil & Gas
So what: Like your home value rising on a big-ticket sale in the neighborhood, Cabot jumped on buyout action closely related to the Eagle Ford Shale where this company makes much of its living. BHP Billiton
Now what: The deal gave a lift to the entire field of Eagle Ford operators, including as much as a 7.4% jump for sector giant Chesapeake Energy
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Fool contributor Anders Bylund holds no position in any of the companies discussed here. Motley Fool newsletter services have recommended buying shares of Chesapeake Energy. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool is investors writing for investors.