Wednesday, July 8, 2026
anadarko-600w Chevron, Anadarko Megadeal Portends Billions in Asset Divestment - Oil & Gas 360

Anadarko Retracts its Offer for Apache

Signs point to Anadarko offer coming in well below what Apache would consider Anadarko Petroleum Corp. (ticker: APC) announced today that it will retract its unsolicited offer for an all-stock purchase of Apache Corp. (ticker: APA). Anadarko Chairman, President and CEO Al Walker said today that the offer was rejected, “and no discussion of substance occurred,” prompting APC to back