Here’s a fantastic spec play in our newsletter the Market Taker Edge. The stock is the Plains Exploration and Production Co. (NYSE: PXP). The option play is: buy PXP Aug 43 Calls at $1.10. PXP has been climbing high and looks like it …
FCX will purchase PXP for $6.9 billion in cash and stock. The company will also acquire MMR for $3.4 billion in cash, or $2.1 billion of 36% of MMR's interest currently owned by FCX and PXP. With this acquisition, MMR shareholders will …
The company had a net gain of $221.8 million on certain derivative contracts and another unrealized gain of $86.7 million on its investment in McMoRan Exploration Co MMR.N shares. PXP shares closed at $39.94 on Wednesday on the New …
Plains Exploration (PXP): Susquehanna upgrades PXP to Positive from Neutral. Vishay Intertechnology (VSH): The tech stock is taken to Overweight from Neutral at JP Morgan. BP Plc (BP): Société Générale downgrades the oil giant to …
One of the best performing dedicated Vietnam investment trusts is PXP Vietnam – its (net asset value ... to flourish but the state still wields considerable influence. The stock market is dominated by former state-owned enterprises, some of …
This morning Plains Exploration (NYSE:PXP) announced the sale of its oil and gas properties ... It isn’t clear whether or not Plains could have raised cash byborrowing or a stock issue, but the company obviously decided not totake the risk.
And as if that was not bad enough, one had to listen to radio and television news reports about it given by reporters who clearly had no background in stock markets whatever ... reluctantly to sell my units in PXP Vietnam Emerging Equity …
Flores has been CEO for nine years and owns roughly 0.9 per cent of outstanding PXP shares. The stock is mostly held by institutional investors, including Vanguard and BlackRock Inc. Formed in 2002 by a tax-free spinoff from Plains …
PXP will pay $900 million in cash and issue one million shares of PXP common stock. The transaction is valued at approximately $946 million, based on PXP's closing price on April 17, 2007. PXP intends to fund the acquisition with …
Upstream oil and gas company PXP Energy (Philippine Stock Exchange: PXP-PH) was one of the companies whose Reed Bank operations were disrupted in 2014, but while it "may be eager to continue with exploration, other companies …