APC News and Press, Anadarko Petroleum Corporation From 07/02/19

Despite a trade-related hiccup in May, the S&P 500 ( SPY ) produced strong returns in the second quarter of 2019, advancing 4.3%. Building further on strong first quarter gains, the S&P 500 is off to its best six month start since 1997. While the market has posted strong returns, not a...

Merger activity went on a tear last week with twelve new deals announced and one pending deal closing. Deal Statistics: New Deals: The acquisition of Caesars Entertainment Corporation (CZR) by Eldorado Resorts (ERI) for $17.3 billion in a cash plus stock deal. Under the terms of...

Today's top stories: G20 summit takes center stage; Ive leaving Apple; and stress tests. If you are interested in listening to Wall Street Breakfast to start your day, look for us in the following places: iTunes (find all Seeking Alpha Podcasts here ) Stitcher SoundCloud ...

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Stitcher and Spotify (click the highlighted links). G20 optimism boosts stocks , G20 tensions weigh on equities... While that's most of the rhetoric inve...

Plains All American Pipeline's ( PAA , PAGP ) 670K bbl/day Cactus II oil pipeline system from the Permian Basin to the Corpus Christi, Tex., area will begin line fill within a week , Reuters reports, referring to the process of filling oil in a new pipeline before commercial deliveries can...

Carl Icahn ( IEP ) is a brilliant investor and a tenacious corporate activist. After repeatedly expressing his disapproval of Occidental Petroleum's ( OXY ) purchase of Anadarko ( APC ) and being rebuffed by management, he (and IEP and related entities ) has initiated a "solicitation stat...

Today's top stories: Terms for settling trade deal; Dow futures lower; and 737 MAX continues. If you are interested in listening to Wall Street Breakfast to start your day, look for us in the following places: iTunes (find all Seeking Alpha Podcasts here ) Stitcher SoundC...

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Stitcher and Spotify (click the highlighted links). Ahead of their G20 meeting in Osaka, President Xi plans to present President Trump with a set of ter...

The Permian Basin has been one of the hotbeds for merger and acquisition activity in the exploration and production world as evidenced by the four transactions announced in the last year or so. With Anadarko ( APC ) agreeing to the terms of a deal with Occidental ( OXY ), I thought it would be...

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...