The 50-DMA at $43.26 is an important support zone for OXY. It was made only possible by Oxy CEO Vicki Hollub making a quick private plane trip that resulted in a last-minute US$10 billion capital injection from Warren Buffet’s Berkshire Hathaway that was contingent on the Anadarko purchase working. On the same day, OXY share prices settled 6.6% and 2.2% above their 20- and 50-DMA (day moving average). Chevron has the wherewithal to raise. But Oxy put off any final decision while the deal was pending for Anadarko. Warren Buffett’s Berkshire Hathaway Inc. will invest $10 billion in Occidental Petroleum Corp. to help the oil producer in its $38 billion bid for Anadarko Petroleum Corp. It did. Occidental agreed to buy Anadarko for $38 billion last month, after Chevron Corp., which had earlier struck a $33 billion deal to purchase Anadarko, pulled out of the bidding. Hefty payouts given to departing executives, also known as golden parachutes, have been controversial in the past, even prompting new tax laws meant to restrict the payments. Adding another $7 … Throw in the Anadarko board’s governance own-goals and it simply couldn’t refuse Oxy any further. Oxy's $55 billion purchase of Anadarko Petroleum finalized after bidding war with Chevron. Anadarko announced on April 29 that the Board of Directors of Anadarko had determined that our April 24 proposal of $76 comprised of $38 in cash and 0.6094 shares of Occidental common stock per Anadarko share, could reasonably be expected to result in a “Superior Proposal” as defined in your agreement with Chevron. Occidental is still offering to buy Anadarko for $76 a share but would now pay 78% in cash and 22% in stock. Hollub called Walker once again, telling him Oxy was ready to make a new formal offer: $38 billion, with about 25 percent in cash. Oxy wouldn’t comment Thursday on its headquarters ... will more than pay for the Anadarko deal in the years ahead. How much does Anadarko Petroleum Corporation in the United States pay? Occidental is hereby proposing to acquire Anadarko for $76 per share, comprised of $38 in cash and 0.6094 shares of Occidental common stock per Anadarko share. OXY's stock has been on a downward trend ever since it started bidding for Anadarko and is now trading at 12-year lows. The closing of the transaction followed a vote by Anadarko’s shareholders where 99 percent of the shares voted in favor of the agreement. Oxy's $55 billion purchase of Anadarko Petroleum finalized after bidding war with Chevron The closing of the transaction followed a vote by Anadarko’s shareholders where 99 percent of the shares voted in favor of the agreement. OXY's stock has been on a downward trend ever since it started bidding for Anadarko and is now trading at 12-year lows. The average Anadarko Petroleum Corporation salary ranges from approximately $49,623 per year for Automation Specialist to $200,000 per year for Geotechnical Engineer.