By Is Kerr-McGee still in business?
Kerr-McGee shareholders approved the offer on August 10, 2006 and Kerr-McGee ceased to exist as an independent entity. All operations with the exception of Tronox which was spun off as a separate company in 2005 moved out of Oklahoma.
Who bought out Kerr-McGee?
Anadarko Petroleum Corp.
Anadarko Petroleum Corp. simultaneously announced separate all-cash deals to acquire Kerr-McGee Corp. and Western Gas Resources Inc. for a combined $21.1 billion, grabbing coveted natural-gas reserves in North America.
What was Kerr-McGee corporation known for?
Founded in 1929 at Ada, Oklahoma, the Kerr-McGee Corporation is a leading inorganic chemical and petroleum and natural gas exploration firm known internationally as a leader in offshore drilling. The company’s history is closely linked with the economic and political history of Oklahoma.
Who founded Kerr-McGee?
Robert S. Kerr
Kerr-McGee/Founders
Who bought Anadarko?
Chevron
Eleven months ago, Chevron attempted to buy Anadarko in the sixth-largest oil and gas deal in history. The deal would have given Anadarko $33 billion, and it would have assumed Anadarko’s $17 billion debt for a total cost to Chevron of $50 billion.
How big is Anadarko?
In the 2019 Forbes Global 2000, Anadarko Petroleum was ranked as the 587th -largest public company in the world….Anadarko Petroleum.
| Type | Public company |
|---|---|
| Revenue | US$13.070 billion (2018) |
| Net income | US$0.752 billion (2018) |
| Total assets | US$40.376 billion (2018) |
| Total equity | US$8.496 billion (2018) |
What did Robert S Kerr do?
Robert Samuel Kerr (September 11, 1896 – January 1, 1963) was an American businessman and politician from Oklahoma. Kerr worked natural resources, and his legacy includes water projects that link the Arkansas River via the Gulf of Mexico. He was the first Oklahoma governor born in the territory of the state.
Can Chevron buy Occidental?
Today, Occidental has a market capitalization of under $13 billion. Thus, at least in theory Chevron could start buying Occidental shares on the open market and potentially acquire a majority of the combined company — Occidental plus Anadarko — for a fraction of what they were willing to pay for just Anadarko.
How much did Oxy pay for Anadarko?
Hindsight is easy, but you have to believe that, if she could go back in time to April of 2019, Oxy CEO Vicki Hollub might take a pass on that $55 billion acquisition of Anadarko Petroleum.
Who is the CEO of Anadarko?
Robert A. Walker
Anadarko Petroleum
| Type | Public company |
|---|---|
| Key people | Robert A. Walker, Chairman and CEO Robert G. Gwin, President |
| Products | Petroleum Natural gas Natural gas liquids |
| Production output | 666 thousand barrels of oil equivalent (4,070,000 GJ) per day |
| Revenue | US$13.070 billion (2018) |
Where did Robert S Kerr come from?
Ada, Oklahoma, United States
Robert S. Kerr/Place of birth
How did Kerr help Oklahoma grow economically during WWII?
During World War II, despite the tendency of Oklahomans to keep the federal government at arm’s length, Kerr promoted ties to the government, knowing how important the jobs and activity were to create prosperity. Oklahoma became home to many wartime industries and was a training site for military personnel.