石油设备网讯 据全球能源新闻网2019年5月28日休斯顿报道，美国西方石油公司(Oxy)在竞购阿纳达科石油公司的过程中击败了竞争对手雪佛龙公司，获得了位于德克萨斯州的一些储量最丰富的页岩油田。
在投资者呼吁削减开支和提高股息之际，Oxy的债务也翻了两番，达到了400亿美元。
这意味着，Oxy此次收购阿纳达科石油公司能否成功将取决于Oxy能以多快的速度出售阿纳达科石油公司的部分资产，并专注于优化和整合其持有的资产，尤其是美国优质页岩油田。
银行家和并购专家表示，在交易低迷的情况下，削减债务将需要出售资产。投资公司Angelo Gordon总经理迪特曼说，由于投资者对资本纪律的要求将买家赶出市场，美国并购交易数量已降至5年或更长时间以来的最低水平。
迪特曼表示：“收购往往被视为承认钻井位置不佳以及之前的战略失败。”
交易制造者说，Oxy首席执行官霍鲁布最有可能出售的资产是阿纳达科石油公司在墨西哥湾的海上资产及其管道业务。霍鲁布所面临的挑战将是如何平衡这类资产出售与支付债务和股息所需的现金流。
霍鲁布已经准备好了一笔大买卖：法国道达尔公司已同意以88亿美元收购阿纳达科石油公司在美国以外的油气生产资产，其中包括该公司未来最大的一笔支出——在莫桑比克投资数十亿美元的液化天然气项目。
Oxy拒绝置评，但首席执行官霍鲁布对股东和分析师表示，她预计该交易每年将节省35亿美元的成本和削减资本支出，她渴望把该公司在二叠纪盆地的专长应用于阿纳达科石油公司在德州和科罗拉多州的油田。
李峻 编译自 全球能源新闻
原文如下：
Oxy Plans to Sell Parts of Anadarko
Occidental Petroleum snatched up some of the richest shale oilfields in Texas when it beat out rival Chevron Corp in a bidding war to acquire Anadarko Petroleum.
It also quadrupled its debt - to $40 billion - at a time when investors are calling for spending cuts and higher dividends.
That means the acquisition's success will depend on how quickly Occidental can sell off some of Anadarko's assets and focus on optimizing and integrating the assets it keeps - especially prime U.S. shale fields.
Shedding debt will require selling assets when deals have been sluggish, said bankers and merger specialists. The number of U.S. deals has fallen to lows not seen in five years or more as investor demands for capital discipline have driven buyers from the market, said Todd Dittmann, managing director at investment firm Angelo Gordon.
"An acquisition is more often viewed as a confession of poor drilling locations and a failure of prior strategy," Dittmann said.
Deal-makers say Chief Executive Vicki Hollub's most likely sale prospects are Anadarko's offshore assets in the Gulf of Mexico and its pipeline business. Her challenge will be to balance such sales with the need for their cash flow to pay debt and dividends.
Hollub already has one big sale lined up: France's Total SA agreed to pay $8.8 billion for Anadarko’s oil-and-gas producing assets outside the United States, including its biggest future expense, a multibillion-dollar liquefied natural gas project in Mozambique.
Occidental declined to comment, but CEO Hollub told shareholders and analysts she expects to squeeze $3.5 billion per year in cost savings and capital spending cuts from the deal, and is eager to apply the company's Permian Basin expertise to Anadarko's Texas and Colorado oil fields.
