Carl Icahn is back in the energy sector game, as he acquired a large number of shares in Anadarko Petroleum Corp. (NYSE:APC) and NRG Energy (NYSE:NRG), according to a required regulatory filing.
The billionaire investor bought 2.4 million shares of NRG Energy, and 2 million shares of Anadarko Petroleum last quarter.
Since last year in the same quarter, which Icahn had held no stake in energy companies at the time, has added over $900 million shares in several energy firms since then.
This isn't the first time Icahn has shown an interest in Anadarko, as in 2007 and 2008 he acquired a large stake in the company, which generated rumors he was going to shake things up there, as he has at other companies he's invested in in the past.
Anadarko owns a 25 percent stake in the same oil well which BP (NYSE:BP) had battle to contain and has billions in liabilities toward.
Showing posts with label Carl Icahn. Show all posts
Showing posts with label Carl Icahn. Show all posts
Monday, August 16, 2010
Icahn Invests Big in Anadarko (NYSE: APC), NRG Energy (NYSE:NRG)
Labels:
Anadarko Petroleum,
BP,
Carl Icahn,
NRG Energy
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