Anadarko Petroleum Active In Pre-Market (APC)

Anadarko Petroleum Corporation APC is active in pre-market, as it's traded 65,000 shares already. Yesterday, the Daily Mail reported that BHP Billiton BHP could be preparing a deal for the oil & gas company at $90 per share. Anadarko potentially makes sense for BHP as it's not just a oil & gas company. It also has non-operated joint ventures and royalty arrangements in various coal, trona (natural soda ash), and industrial mineral mines. Shares of Anadarko are up 36 cents in pre-market trading to $75.95.