Stock is going up when gas prices are going down!
9 replies (most recent on top)
Not happening. They have $2bil in cash and I'm guessing the board wouldn't even be interested until you showed them $20 billion.
Anadarko will be acquired by Exxon. The end
Gas is .99 in Youngstown, OH
Haven't had time to read why stocks were up! Just thought I'd throw out some BS on here like everyone else does!!
Gas was $1.94 in North Edmond when I left for work this morning.
Not sure in current environment that APC would be looking to increase their debt load by 30+%. Especially considering that borrowing will tighten up quite a bit for the energy industry in Q4. Not to rain on the rumor parade with facts or anything, but it bears mentioning.
Ummmm. Wti is having its biggest day since 2012. That is why we are up.
Agreed, all stocks are up, even Sandridge and the market as a whole is up.
All Oil & Gas companies stocks are up. Chesapeake being so gas heavy shouldn't trend up as much as they have but also the stock is so cheap right now a little price increase equals a large percentage increase. It will be interesting to see if Anadarko really does acquire Chesapeake but i don't think that todays up trend in price correlated with a downward trend in gas necessarily implies an acquisition.