Oxy was actively looking, others are likely considering acquisitions
By Richard Rostad, analyst, Oil & Gas 360

The logical question after a major oil and gas M&A deal like Chevron’s (ticker: CVX) announced acquisition of Anadarko Petroleum (ticker: APC) last week is “who’s next?”

This question is pertinent because media reports suggested that Occidental Petroleum (ticker: OXY) also made an offer for Anadarko recently.

So you can name one company that is in the market looking for a major acquisition target.
Focus on Oxy as wannabe acquirer—who is its second choice?
While Oxy is not the only possible acquirer, as several supermajors have expressed interest in expanding their presence in U.S. shale, the Oxy offer for Anadar...


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