I originally thought Chevron would win the bidding war for Anadarko Petroleum. But the price has gotten too high, so I would argue that it’s time for them to walk away from the deal.
First Quarter Energy Sector Earnings: Chevron, ExxonMobil, Kinder Morgan, Valero and ConocoPhillips
First quarter earnings are rolling in, and the energy sector is broadly exceeding expectations.
The Energy Content In Your Gasoline Is Declining
Over the past decade, the energy content in U.S. gasoline has steadily declined. Here’s why.
Occidental Starts A Bidding War With Chevron Over Anadarko
Chevron thought they had a deal to acquire Anadarko, but a new offer from Occidental will likely increase Chevron’s cost.
Why Gasoline Pump Prices Are Spiking
This year’s gasoline price spike has been steeper than normal. Here are the reasons behind the rise.
Which Company Could Be The Next Permian Basin Acquisition Target?
Following Chevron’s acquisition of Anadarko Petroleum, which companies might be the next to make a deal?
Why Chevron Bought Anadarko
Here’s why Chevron agreed to acquire Anadarko in a deal valued at $50 billion.
The Permian Basin Is Now The World’s Top Oil Producer
Saudi Arabia has had the world’s top-producing oil field for decades. Recently revealed information indicates that is probably no longer true.
Saudi Aramco’s Breakeven Oil Price Is Higher Than Expected
It has been long thought that Saudi Arabia had some of the lowest breakeven costs in the world for oil. A new filing indicates that may not be true.
The First Quarter’s Top-Performing Energy Companies
The first quarter of 2019 saw a broad-based rally in the S&P 500. The energy sector performed even better than the broader markets, with every segment of the sector recording a gain. Here were the sectors biggest winners during the quarter.