The process of bringing two companies under a single roof can send an organization to new heights but also has the potential for rocky transitions. In the oil and gas industry, E&P mergers or acquisitions tend to strengthen physical positioning and induce an expanded asset portfolio but it often comes with extra baggage in the form of outstanding debt. Such was the case when Occidental Petroleum acquired Anadarko Petroleum as the outstanding debt left the oil major struggling to keep their head above water. By investigating the acquisition process as a case study, analysis can be made regarding Chevron’s new acquisition of Noble and whether or not the merger can be considered a success.
Monday Madness: July 20
This week your host Tavis speaks on the end of Q2 and the (hopefully) positive beginning of Q3, China’s control over price swings, and Chevron paying $5 billion to acquire
Basin Breakdown February 2020: Back to the Future
In this episode your hosts Tavis and Sy talk about how they best practice social distancing, the way Boulder plans to keep oil and gas out of Colorado, big industry