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.
OXY - It's Official: Anadarko Petroleum Has Reached The Stars
Occidental Petroleum Corporation
Image: Silvertip-A in Loving County, Texas. (Source: G.B. Hart/Shutterstock.com)
Investment Thesis
Anardako Petroleum (APC) is showing mixed technical signals in its last results, and if it was not for the total euphoria attached to this bidding war between Occidental Petroleum (OXY) and Chevron (CVX), it is highly likely that the stock would be around $44 per share right now or even lower. The three-year chart below is self-explanatory.
Data by YCharts
However, as we can see, it is close to double this value due to a new bid from