Latest PxP Stories

HOUSTON, May 13, 2013 /PRNewswire/ -- Plains Exploration & Production Company (NYSE:PXP) Dear Shareholder, I would like to take this opportunity to urge your support of the merger of Plains Exploration & Production Company (PXP) with Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) and to share why I believe that it is in the best interest of the PXP shareholder. There are several factors that positively favor the transaction. They include: The strategic nature of the...

HOUSTON, May 9, 2013 /PRNewswire/ -- Plains Exploration & Production Company (NYSE: PXP) announced that it received a favorable ruling today in the Court of Chancery of the State of Delaware regarding shareholder lawsuits attempting to enjoin the merger with Freeport-McMoRan Copper & Gold Inc. The consolidated action is entitled In re Plains Exploration & Production Company Stockholder Litigation, No. 8090-VCN. A hearing was held on May 1, 2013 concerning the plaintiffs'...

HOUSTON, May 9, 2013 /PRNewswire/ -- Plains Exploration & Production Company (NYSE: PXP) announced its continued support for the strategic merger of PXP with Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) on the previously announced terms. The financial and operational strength of the combined businesses will allow for accelerated value creation across the entire asset portfolio. PXP's Management and Board of Directors have been informed both by FCX and by the Special...

HOUSTON, May 2, 2013 /PRNewswire/ -- Plains Exploration & Production Company (NYSE:PXP) ("PXP" or the "Company") announces 2013 first-quarter financial and operating results. 2013 HIGHLIGHTS Total daily sales volumes averaged 170.4 thousand barrels of oil equivalent ("BOE"), a 92% increase per diluted share compared to first-quarter 2012. Oil daily sales volumes averaged 129.2 thousand barrels, a 158% increase per diluted share compared to first-quarter 2012. Phobos...

HOUSTON, April 19, 2013 /PRNewswire/ -- Plains Exploration & Production Company (NYSE: PXP) ("PXP") announces that it is scheduled to release its first quarter 2013 results on Thursday, May 2, 2013 before the market opens and will host its quarterly conference call that same day, Thursday, May 2, 2013, at 8:00 a.m. Central time. Investors wishing to participate in the conference call may dial 1-800-567-9836 or 1-973-935-8460. The conference call and replay ID is: 36577090. The...

HOUSTON, Jan. 2, 2013 /PRNewswire/ -- Plains Exploration & Production Company (NYSE:PXP) ("PXP" or the "Company") today announces it has entered into a definitive agreement to participate in the significant and highly prospective exploration play offshore Morocco. Subject to customary closing conditions including the receipt of Moroccan governmental approvals, PXP will make a cash payment of $15 million to farm-in to Pura Vida Energy's (ASX:PVD) ("PVD") 75% working interest in the...

VANCOUVER, British Columbia, Dec. 10, 2012 /PRNewswire/ -- EarningForecast.com has issued consensus earnings forecast reports and equity research for the following companies: Plains Exploration & Production (NYSE:PXP), General Electric (NYSE:GE), Smith & Wesson (NASDAQ:SWHC), Procter & Gamble (NYSE:PG), QUALCOMM (NASDAQ:QCOM), and Dell (NASDAQ:DELL). (Logo: http://photos.prnewswire.com/prnh/20121030/HK02457LOGO ) (Read full report by clicking the link below, you may...

VANCOUVER, British Columbia, Dec. 6, 2012 /PRNewswire/ -- EarningForecast.com has issued consensus earnings forecast reports and equity research for the following companies: Mcmoran Exploration (NYSE:MMR), Tibco Software (NASDAQ:TIBX), Seagate (NASDAQ:STX), Lowe's (NYSE:LOW), Green Mountain Coffee Roasters (NASDAQ:GMCR), and SUPERVALU (NYSE:SVU). (Logo: http://photos.prnewswire.com/prnh/20121030/HK02457LOGO ) (Read full report by clicking the link below, you may need to copy and...

VANCOUVER, British Columbia, Dec. 6, 2012 /PRNewswire/ -- Pennystocksinsiders.com (PSI) has issued insider trading reports and equity research for the following companies: Plains Exploration & Production (NYSE:PXP), Starbucks (NASDAQ:SBUX), Sirius (NASDAQ:SIRI), Coca-Cola (NYSE:KO), Walgreen (NYSE:WAG), and Mondelez International (NASDAQ:MDLZ). (Logo: http://photos.prnewswire.com/prnh/20121105/HK06856LOGO ) (Read full report by clicking the link below, you may need to...

NEW YORK, Dec. 5, 2012 /PRNewswire/ -- Tripp Levy PLLC, a leading national securities law firm, is investigating potential claims against the Boards of Directors of Freeport-McMoRan Copper & Gold Inc. ("Freeport") (FCX), McMoRan Exploration Co. ("McMoRan") (MMR), and Plains Exploration & Production Co. ("Plains") (PXP) concerning Freeport's proposed acquisitions of McMoRan and Plains. On December 5, 2012, Freeport announced that it had entered into two definitive merger...