Energy companies are sinking under the weight of falling oil prices. The price of crude oil slid 2.4%. Occidental Petroleum fell 2.2% and Valero.
Williams-Sonoma rose on a solid first quarter.
Anadarko was looking for Chevron to beat or at least match Occidental Petroleum Corp.’s $38 billion.
trained engineer and Chevron lifer rose through the ranks of the company’s sprawling, worldwide.
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Chevron profit falls 27 percent on lower oil prices, Anadarko deal in focus – when Occidental Petroleum Corp made a $38 billion offer that topped Chevron’s $33 billion bid. [nL3N226349] Chevron’s oil and gas production rose during the quarter, and profits in its U.S.
The 120-minute, 240-minute and daily are really strong buy signals. There was a nice divergence and a reversal yesterday. OXY rose to $54.25 from a Wednesday low at $53.12. This kind of setup.
The Latest: Anadarko says it has a deal with Occidental – Anadarko says it has agreed to a buyout bid from Occidental Petroleum and will pay a $1 billion deal-termination fee to Chevron to end a rare bidding war in the oil patch.
Shares of Chevron rose.
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and I found.