Plains Exploration & Production Co (PXP.N)
|Market Cap (Mil.):||$6,348.09|
|Shares Outstanding (Mil.):||129.50|
* Actavis to acquire Warner Chilcott in stock-for-stock deal
NEW YORK, May 20 - Plains Exploration & Production Co : * Shares up 7 percent in premarket trade after dividend offer
May 13 - The chief executive of Plains Exploration & Production Co urged shareholders on Monday to vote in favor of Freeport McMoRan Copper & Gold Inc's proposed takeover of the energy company.
NEW YORK, May 2 - Planned month-long maintenance at a major BP gas processing plant in Pascagoula, Mississippi, will shut in a "tremendous" amount of Gulf of Mexico oil production, the chief executive of Plains Exploration & Production said on Thursday. Plains said it had been notified by BP that the plant would be shut for 36 days beginning on May 3; the planned maintenance had been announced in 2012. The plant processes production from wells in the eastern corridor of the deepwat
NEW YORK, April 18 - PLAINS EXPLORATION & PRODUCTION CO SCHEDULES SPECIAL MEETING TO VOTE ON FREEPORT-MCMORAN DEAL FOR MAY 20-FILING PLAINS EXPLORATION & PRODUCTION CO SAYS CLOSE OF BUSINESS ON MARCH 21, 2013 IS RECORD DATE FOR THE SPECIAL MEETING
March 1 - Fitch Ratings rates Freeport-McMoRan Copper & Gold Inc.'s (NYSE: FCX) proposed new senior notes at 'BBB'. FCX stated that it intends to use the net proceeds of the notes together with the net proceeds of its term loan to fund the Plains Exploration & Production Company (NYSE: PXP) and McMoRan Exploration Co. (NYSE: MMR) acquisitions, including for the payment of cash consideration for the acquisitions and the repayment of certain indebtedness of PXP. FCX states that if the PXP
NEW YORK, Dec 20 - A $12.5 billion loan package slated to back Freeport-McMoran Inc's acquisition of Plains Exploration & Production Co and McMoran Exploration Co is facing significant pushback, sources told Thomson Reuters LPC.
NEW YORK, Dec 14 - Banks forged ahead this week with syndication of a $12.5 billion loan package that will back Freeport-McMoran Inc's acquisition of Plains Exploration & Production Co and McMoran Exploration Co despite growing stock holder concerns about the tie-up, sources told Thomson Reuters LPC.
Overview -- Freeport-McMoRan Copper & Gold Inc. announced it intends to acquire Plains Exploration & Production Co. and McMoRan Exploration Co. in transactions totaling $20 billion. -- We are affirming our ratings on Freeport, including the 'BBB' corporate credit rating, and revising the outlook to negative. -- We are placing all ratings on Plains Exploration & Production Co. and McMoRan Exploration Co. on CreditWatch with positive implications. -- The negative outlook on
Overview -- U.S.-based Plains Exploration & Production Co. has completed its transaction to acquire deepwater Gulf of Mexico properties from BP and Shell. -- We are lowering our corporate credit rating to 'BB-'. We are lowering our issue rating on the company's senior unsecured debt to 'B' and revising the recovery rating to '6'. We are removing the ratings from CreditWatch negative. -- The negative outlook reflects the potential to lower the ratings in the next year if debt t
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