Anadarko Announces $2 Billion Property Acquisition
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UBS Reiterates Buy on Anadarko Petroleum (APC) Following Acquisition Agreement
September 13, 2016 9:58 AM EDTUBS reiterated a Buy rating and $69.00 price target on Anadarko Petroleum (NYSE: APC) following the company's announcement that it has agreed to acquire FCX's deepwater GoM assets for $2 billion.
Analyst William Featherston commented, "APC agreed to acquire FCX's deepwater GoM assets for $2 billion, funding... More
Anadarko Petroleum (APC) Announces 35.25M Share Common Stock Offering
September 12, 2016 4:10 PM EDTAnadarko Petroleum Corporation (NYSE: APC) announced a registered underwritten public offering of 35,250,000 shares of its common stock. Anadarko expects to grant the underwriter a 30-day option to purchase up to 5,287,500 additional shares of its common stock. The underwriter intends to offer the shares from time to time for sale in one or more transactions on the New York Stock Exchange, in the over-the-counter... More
