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re: Anadarko buys Freeport McMoRan's Oil and Gas Division for 2 Billion
Posted on 9/13/16 at 2:09 pm to GREENHEAD22
Posted on 9/13/16 at 2:09 pm to GREENHEAD22
The horrible move by Freeport was chasing oil at $100+ barrel (buying plains). Jim made out like a bandit in that deal. It's crippled FCX.
1
Posted on 9/13/16 at 11:40 pm to TigerDeBaiter
quote:
buying plains
Yep, paid way too much for some of the crappiest assets in the industry
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