Occidental Petroleum outbid Chevron to purchase Anadarko Petroleum in a major corporate acquisition.
2 reports, 2 independent
Updated Aug 12
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New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Occidental Petroleum outbid Chevron to purchase Anadarko Petroleum in a major corporate acquisition.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Anadarko, a subsidiary of Occidental, agreed to sell the jackup Valaris 247 to BW Energy and secured a 914-day contract for drillship DS-18.Sub-event
Occidental Petroleum successfully outbid Chevron in a bid for Anadarko Petroleum.1 source
Post-acquisition operational success: Qatar and Oman projects contribute to boosted production volumes for the combined entity.1 source
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The entities involved
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Occidental Petroleum
American oil company
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Anadarko Petroleum
American oil and gas exploration company
Related events
Coverage
Newest first; wire copies grouped- Motley FoolIs Occidental Petroleum a Buy on the Dip? Occidental Petroleum made a huge splash when it outbid Chevron to buy Anadarko Petroleum. Oxy's business hit a rough patch shortly after the Anadarko deal, b
- ZacksOXY Stock is Trading Above 50-Day SMA: Time to Buy, Hold or Sell? Occidental Petroleum Corporation OXY is trading above its 50-day simple moving average (SMA), signaling a bullish trend. The company