Chevron (CVX) Declares $1.19 Quarterly Dividend; 4% Yield

UPDATE: Chevron (CVX) Tops Q1 EPS by 9c, Revenues Miss

(Updated - Guidance)

Chevron (NYSE: CVX) reported Q1 EPS of $1.39, $0.10 better than the analyst estimate of $1.30. Revenue for the quarter came in at $35.2 billion versus the consensus estimate of $38.42 billion.Upstream production volumes were up 7 percent from a year ago, primarily in the... More

Anadarko Petroleum (APC) Confirms Occidental (OXY) Offer, Will Review

Anadarko Petroleum Corporation (NYSE: APC) today confirmed that it has received an unsolicited proposal from Occidental Petroleum Corporation (NYSE: OXY) on April 24, 2019 under which Anadarko shareholders would receive $38.00 in cash and 0.6094 shares of Occidental common stock for each share of Anadarko common stock.

As previously announced on April 12, 2019,... More

Occidental Petroleum (OXY) Confirms $76/Share Offer for Anadarko (APC), Topping Chevron (CVX)

Today, Occidental Petroleum Corporation (NYSE: OXY) delivered a letter to the Board of Directors of Anadarko Petroleum Corporation (NYSE: APC) setting forth the terms of a superior proposal by Occidental to acquire Anadarko for $76.00 per share, in which Anadarko shareholders would receive $38.00 in cash and 0.6094 shares of Occidental common stock for each share of Anadarko common stock. Occidentals proposal represents a premium of approximately 20% to the value of Anadarkos pending transaction as of April 23, 2019.

Occidental believes its proposal is superior both financially and strategically for... More

Occidental Petroleum (OXY) said to make new $76/share offer for Anadarko Petroleum (APC) - CNBC

Occidental Petroleum (NYSE: OXY) said to make new $76/share offer for Anadarko Petroleum (NYSE: APC), CNBC's David Faber reported.

Occidental Petroleum (OXY) Still Reviewing Options on Anadarko Petroleum (APC) - CNBC's Faber

Occidental Petroleum (NYSE: OXY) is still evaluating its options on Anadarko Petroleum (NYSE: APC), CNBC's David Faber reported.

Anadarko agreed to be acquired by Chevron (NYSE: CVX) earlier in the month for $65 per share in cash and stock. OXY had bid in the mid-$70s range for APC.