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home / news releases / APC - A Hiccup For Occidental Petroleum


APC - A Hiccup For Occidental Petroleum

It looks like the management team at Occidental Petroleum (OXY) may have come across a hiccup in its industry-changing acquisition of Anadarko Petroleum (APC). In order to finance the acquisition, the company previously decided to divest of some of Anadarko’s assets, but this move, while likely wise from an operational perspective, has now been partially challenged by one of Anadarko’s long-standing business partners: the government of Algeria. In the best case, this will be an issue that can be resolved without too much cost or delay, but in the worst, it

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Stock Information

Company Name: Anadarko Petroleum Corporation
Stock Symbol: APC
Market: NYSE

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