Anadarko is likely to deem Occidental's buyout offer superior to Chevron's bid: Sources

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Anadarko is likely to deem Occidental's buyout offer superior to Chevron's bid: Sources
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Reports Earnings: Feb 1When: After The BellWith Anadarko coming off a strong third quarter, the company is a good indicator of international energy demand, especially China, in which the company has e

xposure in the energy sector.

Although the company's 2009 capital spending trended downwards, the CEO, Jim Hackett has stated that their CAPEX, depending on the price of commodities and growth possibilities, will increase in 2010. The company is also expected to announce their capital plans this Feb

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Total backs Occidental's Anadarko bid with deal to buy assetsTotal backs Occidental's Anadarko bid with deal to buy assetsFrance's Total SA said on Sunday it has agreed with Occidental Petroleum Co...
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Berkshire To Make $10 Billion Investment In Occidental To Finance Anadarko BidBerkshire To Make $10 Billion Investment In Occidental To Finance Anadarko BidBerkshire Hathaway has agreed to make a $10 billion investment in Occidental Petroleum as part of an effort to help the oil company complete a proposed deal to buy Anadarko Petroleum.
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