Post Tagged with: "activist investor"

Source: Reuters/Brendan McDermid

Court tosses Carl Icahn’s lawsuit seeking Occidental acquisition records

Reuters


HOUSTON (Reuters) – Activist investor Carl Icahn will not have access to Occidental Petroleum Corp’s Anadarko takeover records to support his proxy fight against the oil firm’s board, a Delaware court judge ruled on Thursday.

Icahn sued Occidental in …

Source: Houston Chronicle

Icahn says Occidental won’t hit target without ‘fire sale’

Houston Chronicle


Activist investor Carl Icahn said Occidental Petroleum Corp.’s new target for assets sales won’t be achieved without a “fire sale” that includes its pipeline system, Western Midstream Partners LP, which was already shopped to potential buyers earlier this …

Source: marathonpetroleum.com

Marathon heads into earnings targeted by activist investors

Source: Reuters


(Reuters) – Marathon Petroleum Corp will release earnings on Thursday at a time when activist investors are pressuring company executives to make major changes, including potentially spinning off its retail gasoline unit that enjoyed strong margins in the …

Source: Marathon Petroleum

Marathon Petroleum mulls selling two refineries: Bloomberg

Source: Reuters


(Reuters) – U.S. refiner Marathon Petroleum Corp, which is under pressure from activist investor Elliott Management Corp, is considering the sale of two plants in Alaska and Utah, Bloomberg reported, citing people familiar with the matter.

Elliott urged …

Lion Point Capital to Carrizo: Buy More Permian, Look at a Merger or Combination with Another Operator

Lion Point Capital to Carrizo: Buy More Permian, Look at a Merger or Combination with Another Operator

Carrizo responds to activist investor
Hedge fund Lion Point Capital has filed a Form 13D showing beneficial ownership of approximately 4.7 million shares of Carrizo Oil & Gas (stock ticker: CRZO; $CRZO) that the filing said was worth north of