article thumbnail

Chevron to acquire Anadarko in $33B deal; shale and tight, deepwater, LNG

Green Car Congress

Chevron Corporation entered into a definitive agreement with Anadarko Petroleum Corporation to acquire all of the outstanding shares of Anadarko in a stock and cash transaction valued at $33 billion, or $65 per share. This transaction builds strength on strength for Chevron. in cash for each Anadarko share.

Chevron 186
article thumbnail

Tesla listed as ‘most crowded’ short position among U.S. securities: Hazeltree

Teslarati

Shorting a stock means that a seller borrows shares, usually from a broker-dealer, hoping to buy them back for a profit, meaning the price per share must decline. ExxonMobil now is third with a score of 84, while Chevron is second with a score of 94. Tesla has long had a reputation for being a popular stock to short.

Tesla 125
article thumbnail

This Nigerian Startup’s Minigrid Began as a School Project

Cars That Think

We think [the collaborations] are timely, given that the Nigerian government has recently removed the agelong subsidy on petroleum products—which has increased their price by almost a factor of four,” he says. The London Stock Exchange identified GVE as one of the fastest-growing private companies in Africa in 2019.

Nigeria 68