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Chevron Joins the Ranks of Exxon Mobil and Shell After Buying Anadarko

publication date: Apr 14, 2019
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Image Source: Chevron Corporation – IR presentation

Chevron is buying Anadarko. Chevron will have to show that the projected operational synergies and related capital intensity reductions actually materialize through this acquisition, as execution risk is very material in the oil & gas world. We will be monitoring the industry as further consolidation is possible with interest rates remaining low for the time being and in light of oil prices moving sharply higher since January.

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