Replies to post #18921 on The Rising Influence of Rising Affluence

[semi_infinite]

OXY/APC/RDS - Bloomberg tracks OXY Hague travel. My guess is that it is about GOM assets. CVX's Wirth didn't budge hardly (reduced breakup fee a bit) from initial offer. I was surprised in that I thought he would leave some room from his best offer.

https://oilprice.com/Latest-Energy-News/World-News/Oxy-Jet-Trip-To-Shell-Home-Sparks-New-Anadarko-Speculation.html

[DewDiligence]

CVX’s GAAP earnings boosted by APC-breakup fee:

https://finance.yahoo.com/news/chevron-reports-second-quarter-net-123000329.html

Chevron Corporation today reported earnings of $4.3 billion ($2.27 per share - diluted) for second quarter 2019, compared with $3.4 billion ($1.78 per share - diluted) in the second quarter of 2018. Included in the current quarter were earnings of $740 million [$0.39/sh] associated with the Anadarko merger termination fee and a non-cash tax benefit of $180 million related to a reduction in the Alberta, Canada corporate income tax rate.