APC News and Press, Anadarko Petroleum Corporation From 05/10/19

With Chevron ( CVX ) choosing to bow out of the bidding war for Anadarko Petroleum ( APC ), the company now has an extra $1 billion from the break-up fee to help fund any potential acquisition. Since it's clear that Chevron wants to build on its already tier-1 position in the Permian Bas...

HENDERSON, NV / ACCESSWIRE / May 10, 2019 / Anadarko (NYSE: APC) surprised many on Monday, when it said that it now favors the $38 billion offer it got from Occidental Petroleum (OXY) over a $30 billion one from Chevron (CVX), a surprising shift in the competitive dynamics. Chevron is five t...

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Occidental Petroleum (NYSE: OXY ) CEO Vicki Hollub takes her case for buying Anadarko Petroleum (NYSE: APC ) to shareholders today at an annual meeting that will be the first chance for OXY investors to present their views to managers, even if they do not get a say on the deal. More news...

HOUSTON , May 9, 2019 /PRNewswire/ -- Anadarko Petroleum Corporation (NYSE: APC) today announced that it has entered into a definitive merger agreement with Occidental Petroleum Corporation under which Occidental will acquire all of the outstanding shares of Anadarko for consideratio...

Image Courtesy: Reuters - Permian Basin. Investment Thesis The Houston-based Apache Corp. ( APA ) owns oil and gas assets in three different regions and has earned $598 billion in consolidated operating cash flow from operations during the first quarter of 2019. Source: APA Presentation ...

The management team at Occidental Petroleum ( OXY ) is adamant about getting what it wants right now. On Sunday, May 5th, the company not only released financial results for the first quarter of its 2019 fiscal year, but it also revealed to investors a revised bid for it to acquire Anad...

Upon termination of its merger agreement with Chevron (NYSE: CVX ), Anadarko Petroleum (NYSE: APC ) will be required to pay Chevron a termination fee of $1B. More news on: Chevron Corporation, Anadarko Petroleum Corporation, Energy stocks news, Top stock market news, Read more ...

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