Jim Cramer, Dan Dicker Discuss the Most Undervalued Oil Company

In a conversation highlighted on

Thursday, Jim Cramer and RealMoney's Dan Dicker discussed shares of Anadarko Petroleum

potentially going to $140, “pending a lawsuit settlement.”

Dicker believes the company has a great portfolio of assets including Marcellus, Eagle Ford Shale, and the Shenandoah Basin. Dicker feels investors should allocate a larger portion of their portfolio to E&Ps since they are undervalued and have “plenty of room for them to move higher.” Shares of Anadarko are up 1 percent to $86.25 on the session. Dicker's $140 price target is 62 percent above the stocks current level.