Posted by
Message
GREENHEAD22
LSU Fan
Member since Nov 2009
13996 posts

re: OXY buying APC for 57B
Even that is on the low end I would think.

I can see OXY having to put together 2-3 deals to unload all the GOM assets.


Enfuego
Tulane Fan
Nola
Member since Mar 2009
9557 posts

re: OXY buying APC for 57B
Also look for OXY to sell APC's stake in Western Midstream (WES). APC owns 55% of WES common stock (implied $7.6B based on $13.9B market cap).





GREENHEAD22
LSU Fan
Member since Nov 2009
13996 posts

re: OXY buying APC for 57B
I thought that the pipelines in West Texas were one of the key targets besides the permian assets themselves?


ragincajun03
LA-Lafayette Fan
Energy Capital of the World, TX
Member since Nov 2007
12396 posts

re: OXY buying APC for 57B
quote:

I thought that the pipelines in West Texas were one of the key targets besides the permian assets themselves?


Maybe...but Oxy had a midstream company in Centurion and sold that off, which included various gather to market lines in New Mexico and W Texas, as well as Oklahoma and other non-operated areas.


Upperdecker
LSU Fan
St. George, LA
Member since Nov 2014
21780 posts

re: OXY buying APC for 57B
Oxy is taking huge hits right now. Keeps hitting new lows


cwill
Member since Jan 2005
44257 posts

re: OXY buying APC for 57B
Moar women in Energy! Equal opportunity capital destruction!


Replies (0)
Replies (0)
10
GREENHEAD22
LSU Fan
Member since Nov 2009
13996 posts

re: OXY buying APC for 57B
Yea I should have just taken the money and run. I could really use a little chaos and production loss in the middle east.


Replies (0)
Replies (0)
00
castorinho
Oklahoma Fan
13623 posts
Member since Nov 2010
67759 posts

re: OXY buying APC for 57B
Things are getting even more heated up with Icahn and Hollub

Oh and OXy's market cap is now 11B


JumpingTheShark
USA Fan
America
Member since Nov 2012
18700 posts

re: OXY buying APC for 57B
Do I need to be buying in to Oxy now


bayoubengals88
Wisconsin Fan
LA
Member since Sep 2007
13319 posts
 Online 

re: OXY buying APC for 57B
quote:

Do I need to be buying in to Oxy now

I bought last Friday at $28. Worked out pretty well for me


JDPndahizzy
LSU Fan
JDP
Member since Nov 2013
556 posts

re: OXY buying APC for 57B
quote:

I bought last Friday at $28. Worked out pretty well for me


It's at $12 today.... right?


Chef Free Gold Bloom
USA Fan
Area 51
Member since Dec 2019
1284 posts

re: OXY buying APC for 57B
quote:

bought last Friday at $28. Worked out pretty well for me


Image: https://i.imgur.com/mWx9H72.gif


Replies (0)
Replies (0)
00
bayoubengals88
Wisconsin Fan
LA
Member since Sep 2007
13319 posts
 Online 

re: OXY buying APC for 57B
quote:

It's at $12 today.... right?

Yeah. I can only joke about that kind of loss right?


JDPndahizzy
LSU Fan
JDP
Member since Nov 2013
556 posts

re: OXY buying APC for 57B
quote:

Yeah. I can only joke about that kind of loss right?

I know the feeling...


Replies (0)
Replies (0)
00
Page 1 2 3 4 5 6
Jump to page
first pageprev pagePage 6 of 6next pagelast page
refresh

Back to top

logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram