Chevron/Anadarko Deal Could Benefit Oil & Gas ETF
April 23, 2019 at 07:03 AM EDT
Earlier this month, Chevron (NYSE: CVX) announced a $33 billion cash and stock deal to acquire Anadarko Petroleum (NYSE: APC). Including debt, the deal is valued at closer to $58 billion, marking the energy sector’s largest upstream acquisition since 2015. A slew of exchange traded funds...