Occidental’s Anadarko Bid Wasn’t Enough to Support Oil & Gas ETFs
April 24, 2019 at 15:55 PM EDT
Occidental Petroleum Corp. (NYSE: OXY) upped the ante on Anadarko Petroleum Corp. (NYSE: APC), triggering a potential bidding war for a key shale driller in the Permian Basin after the Chevron Corp. (NYSE: CVX) offer, but it wasn’t enough to lift oil and gas exploration sector-related...