When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
CVX - Assessing How Bad Chevron Wants To Close The Anadarko Deal
Chevron Corporation
Chevron (CVX) made a bid for Anadarko (APC) which recently got trumped by Occidental (OXY). According to the SSR M&A dashboard, the spread is 3.4% and 14.4% on an annualized basis. I think Anadarko continues to be a decent buy. I've gone over the April 26th Chevron earnings call with a toothpick looking for clues how the bidding war will progress from here. I've selected the juiciest parts of the earnings call transcript and will follow them up with my commentary on why those pieces are particularly relevant.