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Vol. 10, No. 9 Week of February 27, 2005
Providing coverage of Alaska and northern Canada's oil and gas industry


Kerr-McGee’s stock rockets

Former raider Icahn to buy up to $1B in Kerr-McGee stock; chemicals division sale possible

Ray Tyson

Petroleum News Houston Correspondent

Kerr-McGee is no doubt feeling the heat from investors after receiving a rude wake-up call from former corporate raider Carl Icahn and his plan to buy up to $1 billion worth of Kerr-McGee stock. Icahn’s move was quickly followed by Kerr-McGee’s decision to pursue “strategic alternatives” for its sh....

    [additional news subjects in this story]

Chemicals’ demand brings increase in earnings forecast


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