Freeport-McMoRan Copper & Gold Inc. executives Wednesday enthused about a $9 billion cash-and-stock transaction to buy U.S. producers Plains Exploration & Production Co. (PXP) and McMoRan Exploration Co., but the deal drew sharply mixed reaction from shareholders.
Enthused
Articles from Enthused
Talisman Slashes Capex 25% on Weak Natural Gas Prices
Talisman Energy Inc.’s North American production from ongoing operations experienced a healthy increase in 3Q2012, but weak natural gas prices have the company and its new CEO, Hal N. Kvisle, trimming capital expenses (capex) as part of a plan to run a more streamlined operation in 2013.
Malcolm: Williams’ Gas Assets Form Solid Platform for Future
On the heels of a quarterly earnings report that, although negative, still enthused more buyers than sellers last week, Williams’ annual shareholder meeting Thursday gave the CEO an opportunity to share the company’s vision for a “new” integrated natural gas company that he promised would be “viable, sustainable and value creating.”
Malcolm: Williams’ Gas Assets Form Solid Platform for Future
On the heels of a quarterly earnings report that, although negative, still enthused more buyers than sellers this week, Williams’ annual shareholder meeting Thursday gave the CEO an opportunity to share the company’s vision for a “new” integrated natural gas company that he promised would be “viable, sustainable and value creating.”