Chevron: Failed Anadarko Acquisition, But Strong Continued Strength [Seeking Alpha]
ANADARKO PETROLEUM (APC)
Last anadarko petroleum earnings: 7/26 04:10 pm
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Source: Seeking Alpha
Chevron: Failed Anadarko Acquisition, But Strong Continued Strength Summary Chevron has had a difficult time since the start of the oil crash; however, the company has finished up the large projects it originally had. The company has been focused on lowering its costs while growing production, something that has made it incredibly profitable. Going forward, the company anticipates that it will generate incredibly strong returns for shareholders. Chevron (NYSE: CVX Chevron - Money Chevron Anadarko Acquisition Almost a month ago, Chevron made an offer to purchase Anadarko Petroleum Corporation (NYSE: APC soon eclipsed by Occidental Petroleum OXY It now seems to be likely that Occidental Petroleum Corporation will win. I’ll analyze the details of this acquisition in a separate article; however, at this time most people seem to believe As a tiny side note, I think an interesting development, especially in line with its long-term plans and oil prices, is to see Chevron acquire both Occiden
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