Quantcast
Channel: Resource Investing News» NYSE:PXP
Browsing latest articles
Browse All 3 View Live

Plains Exploration to Buy BP Wells for $5.5 Billion

Reuters reported that Plains Exploration & Production Co. (NYSE:PXP) plans to borrow $7 billion so that it can purchase BP plc's (LSE:BP) stake in some deepwater wells in the Gulf of Mexico. Since...

View Article



Freeport-McMoRan Takes a Dive as Investors Question Motives for Big Acquisitions

Freeport-McMoRan’s plan to buy Plains Exploration & Production, as well as its former sister firm, McMoRan Exploration, wasn’t likely to get shareholder praise as it adds $20 billion to the...

View Article

Oil Market Update (January 8, 2013)

A brief overview of oil price developments, supply and demand and significant market movers.Continue reading...

View Article
Browsing latest articles
Browse All 3 View Live




Latest Images