Plains Exploration & Production Company news

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No. 6 public company: Plains Exploration & Production
Plains Exploration & Production has 1,100 employees, including workers absorbed by the company following its deal to acquire some of British oil giant BP's deep-water Gulf of Mexico assets.
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Freeport-McMoRan Copper & Gold Inc. to Acquire Plains Exploration & Production ...
PHOENIX & HOUSTON & NEW ORLEANS--(BUSINESS WIRE)--Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX), Plains Exploration & Production Company (NYSE: PXP) and McMoRan Exploration Co. (NYSE: MMR) announced today that they have ...
Freeport-McMoRan Deal Draws Investor Criticism  New York Times (blog)
Plains CEO may see $150 million payout from Freeport-McMoRan deal  Reuters
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Plains Exploration & Production completes acquisitions of BP, Shell assets
Plains Exploration & Production Co. (NYSE: PXP) said Friday it has completed previously announced acquisitions of Gulf of Mexico interests from subsidiaries of BP Plc (NYSE: BP) and Royal Dutch Shell.
Freeport-McMoRan Copper & Gold Inc. Completes Acquisition of Plains ...
PHOENIX & HOUSTON--(BUSINESS WIRE)--Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) today announced that it has completed its acquisition of Plains Exploration & Production Company (NYSE: PXP), adding a high quality portfolio of U.S.-based ...
Freeport-McMoRan (FCX) Completes Acquisition onf Plains Exploration (PXP ...  StreetInsider.com
Moody's upgrades Plains Exploration's and McMoRan's unsecured ...  Moodys.com (press release) (subscription)
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Plains betting $6 billion on Gulf of Mexico oil
NEW YORK (MarketWatch) - Plains Exploration & Production Co.'s $6 billion move into Gulf of Mexico oil fields marks its largest acquisition ever - a bid to boost the oil component of its energy output over lower-priced natural gas via techniques for ...
BP to Sell Oil Assets in Gulf of Mexico for $5.6 Billion  New York Times (blog)
Plains E&P to buy Gulf of Mexico assets from BP, Shell  Oil & Gas Journal
Freeport-McMoRan axes top oil executives, including major LSU benefactor, in ...
Plummeting oil prices over the past two years have caused mass layoffs throughout the U.S. and global energy industry. In turn, many exploration and production firms are facing tight financial pressures and can “no longer wait for something to happen ...
Will Executive Reshuffle Help Freeport-McMoRan?  24/7 Wall St.
Freeport-McMoRan Announces New Organizational Structure for Oil & Gas ...  Business Wire (press release)
Freeport-McMoRan in $137.5 million settlement over purchases
The accord resolves shareholder derivative litigation over Freeport's purchases of Plains Exploration & Production Co and McMoRan Exploration Co for roughly $9 billion. Shareholders led by a group of pension funds and union-owned Amalgamated Bank ...
Freeport-McMoRan to pay $137.5 million to end pension fund-led lawsuits  Pensions & Investments
Freeport-McMoRan Settlement Leaves Credit Suisse in Cross Hairs  Wall Street Journal
Baldwin Hills-area quakes not linked to oil operations, experts say
But the owner and operator of the field commissioned a 2012 study that found that ground movements were not related to the company's operations. The report's author said that some properties were damaged by natural slope ... A Caltech seismologist ...
Freeport-McMoRan Battles the Oil Slump
With oil prices then nearing $100 a barrel, the company bought two companies, McMoRan Exploration and Plains Exploration and Production. The deals cost $20 billion, and to get them done Freeport sharply increased its debt load. (McMoRan had been ...
The Oil Giant Hidden in the World's Biggest Mining Outfit
Although Freeport was also under pressure from an activist investor, in this case Carl Icahn, shareholders generally disliked the company's big foray into oil, particularly two deals in 2012 to buy Plains Exploration & Production Co. and McMoRan ...