APC News and Press, Anadarko Petroleum Corporation From 06/25/19

Mergers is the sign of a healthy stock market AbbVie (ABBV) is buying the long-suffering Allergan (AGN) for 63 billion bucks. Long-term readers might remember me making a strong case to go long on AGN because of the charts, and then Carl Icahn got involved, so we were able to escape with som...

Wonder Why I Look at Insider Buying? This is Why This week, I noted significant insider buying activity in both Marathon Petroleum (MPC) and PBF Energy (PBF). I combined those items with the acquisition of a Shell (RDS.A) (RDS.B) refinery in California by PBF to give me enough insight to get...

HOUSTON , June 18, 2019 /PRNewswire/ -- Anadarko Petroleum Corporation (NYSE: APC) and the co-venturers in Mozambique's Offshore Area 1, today announced a Final Investment Decision (FID) on the Anadarko-led Area 1 Mozambique LNG project. This official declaration of FID confirms th...

Anadarko Petroleum ( APC +0.3% ) has approved construction of a $20B gas liquefaction and export terminal in Mozambique, the largest single LNG project approved in Africa, according to the country's government and energy consultancy Wood Mackenzie. More news on: Anadarko Petroleum Corp...

I've gone back and forth on Anadarko ( APC ) since Chevron ( CVX ) set out to acquire the company. In total, I've written about 15 notes that reflect on the situation. In the end, Occidental Petroleum ( OXY ) ended up with this prize after a short bidding war. Most recently on the buylist for ...

Biotech Mergers and Acquisitions are Here to Stay; Here's How to Play It's difficult for the average market participant to assess biotech companies to build a position in any one stock. It is much easier to understand the economic imperative of large pharmas and biotechs to acquire smaller...

Occidental Petroleum ( OXY ) cannot catch a break. The rather contentious and expensive acquisition of Anadarko Petroleum ( APC ) has shareholders wishing that they had never heard of OXY in the first place. OXY's problems have been compounded by falling oil prices as the relative rationale of...

No Cuts and Maybe a Raise! Saying no cut in June is no big risk; July will give us the first swipe of Q2 GDP. I am counting on the GDP not being under 1.5%, perhaps 1.9%. I firmly believe we will not see a negative number, and I further believe the economy will reaccelerate in the latter hal...

Nearly All of Us Are Dip Buyers Let's face it, looking for bargains is in our DNA and an inalienable right. Just, let's not get caught. So many times in my experience we jump in when the high-beta names that we focus on start to fall, and then to our chagrin, they just keep falling. That fir...

A year after I predicted the oil price collapse , I suggested that we were at the beginning of the end of the oil age . Both times I was told I was in wrong. In fact, I was told I was crazy. Several years later, here we are, and oil is in the midst of yet another correction. Oil stocks are...