Sunday, September 6, 2026

Chevron Takes the Money and Runs

$1 billion breakup fee makes easy payday for Chevron shareholders By Richard Rostad, analyst, Oil & Gas 360 Chevron (ticker: CVX) announced today it will concede to Occidental (ticker: OXY) in the bidding war for Anadarko (ticker: APC). While Chevron could theoretically outbid Oxy in its quest for Anadarko, Chairman and CEO Michael Wirth decided the price of doing so

EQT Independent Directors to Toby Rice: We’ll Stand with our New Board and Management Team over Your Proposed ‘Friends-and-Family Club’

Scathing letter to Rice lays out stark differences in governance Things have been steamy in Pittsburgh this spring when it comes to the future corporate governance for EQT Corporation (stock ticker: EQT, $EQT). The $10.7 billion (enterprise value) E&P has been on a rocky ride with the Rice family since EQT’s acquisition of Rice Energy, announced  almost two years ago,