On a conference call to discuss the deal, Jim Flores also said he was bullish on natural gas prices from 2015 onward.
(Reporting By Ben Berkowitz; Editing by Gerald E. McCormick)
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(Reuters) - Plains Exploration & Production Co will not have to sell gas assets to fund a recent acquisition as a result of its deal to sell itself to Freeport-McMoRan Copper & Gold Inc, the chief executive of Plains said on Wednesday.
On a conference call to discuss the deal, Jim Flores also said he was bullish on natural gas prices from 2015 onward.
(Reporting By Ben Berkowitz; Editing by Gerald E. McCormick)
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524.8 GBX | -0.29% | +1.92% | 107B | ||
75.73 USD | +0.22% | +2.45% | 20.14B | ||
50.5 USD | +2.23% | +1.79% | 72.53B | ||
1st Jan change | Capi. | |
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+11.22% | 306B | |
+12.21% | 153B | |
+51.38% | 124B | |
+22.70% | 83.43B | |
+12.20% | 78.06B | |
+19.56% | 62.81B | |
+13.52% | 60.08B | |
+12.74% | 49.91B | |
+33.97% | 37.05B |