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Stock Market & Financial Investment News

News Breaks
September 18, 2012
07:28 EDTPXPPlains Exploration provides crude oil derivative positions
Plains Exploration continues to implement its crude oil hedging program following the recently announced Gulf of Mexico acquisition and intends to protect up to 90% of the company's crude oil production for the 2013 through 2015 period.
News For PXP From The Last 14 Days
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May 16, 2013
08:12 EDTPXPFreeport, Plains Exploration announce preliminary results of merger election
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May 13, 2013
07:36 EDTPXPPlains Exploration CEO urges holders to support Freeport McMoRan merger
Plains Exploration (PXP) CEO and Chairman James C. Flores urged shareholders to support the merger with Freeport McMoRan (FCX) in a letter. The letter explained that "The strategic nature of the transaction, including the fact that the combination of the PXP, FCX and McMoRan Exploration businesses is expected to create the largest diversified U.S.-based natural resource company with an enterprise value in the top five among global mining peers, increase geographic diversification of the combined company within the U.S. and increase commodity diversification for the combined company. The scale of the combined company, which will enable it to compete more effectively than either PXP, FCX or MMR on a standalone basis, through increased cash flow and lower cost of capital investment in future development projects, exploration and acquisitions."
May 9, 2013
08:13 EDTPXPPXP announces support for merger with Freeport-McMoRan
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08:02 EDTPXPFreeport McMoRan says agreed terms for Plains Exploration are 'best and final'
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08:01 EDTPXPFreeport McMoRan says agreed terms for Plains Exploration are 'best and final'
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May 6, 2013
09:49 EDTPXPCR Intrinsic says Plains Exploration worth 40% more than current market price
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09:37 EDTPXPCR Intrinsic Investors to vote against Plains Exploration acquisition
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