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

Near-Term Call Buying in Chevron (CVX) Targets Upside in Shares Amid Anadarko Petroleum (APC), Occidental Petroleum (OXY) Deal Talks -Susquehanna

Susquehanna options strategist Alison Edwards highlights near-term call buying activity in Chevron (NYSE: CVX), as investors bought this weeks May3 122 Calls and next weeks May10 122 Calls, ~4k each. Investor seem to think theres increased upside potential, likely related to reports that Anadarko... More

D.E. Shaw Urges Anadarko Petroleum (APC) to Run Open Sales Process - Bloomberg

D.E. Shaw has urged Anadarko Petroleum (NYSE: APC) to run an open sale process after Occidental Petroleum (NYSE: OXY) came public with a higher bid than Chevron (NYSE: CVX), Bloomberg... More

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

Chevron (NYSE: CVX) declared a quarterly dividend of $1.19 per share, or $4.76 annualized.

The dividend will be payable on June 10, 2019, to stockholders of record on May 17, 2019, with an ex-dividend date of May 16, 2019.

The annual yield on the dividend is 4 percent.

For a... 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.