Feb. 4 at 8:47 PM
$RECAF Occidental paid
$57 billion to acquire Anadarko.
Anadarko had 1.47 billion BOE of proved reserves.
That means the buyer paid:
$57B ÷ 1.47B BOE ≈
$38 per barrel
This is the only number I’m using — the real price per barrel a major paid.
Now, if you apply that same
$38 per barrel to RA’s fully diluted share count (~550M shares), here’s what it looks like at different reserve levels:
If RA had 1.47B BOE (same as Anadarko)
Total value:
1.47B ×
$38 ≈
$56B
Per share:
$56B ÷ 550M ≈
$102/share
If RA had 5B BOE
Total value:
5B ×
$38 ≈
$190B
Per share:
$190B ÷ 550M ≈
$345/share
If RA had 10B BOE
Total value:
10B ×
$38 ≈
$380B
Per share:
$380B ÷ 550M ≈
$691/share
This is not a prediction or a valuation model.
It’s simply using the same price per barrel that Occidental paid for Anadarko’s proven reserves. It’s a starting point — nothing more. A real buyer will adjust up or down based on many factors we can’t know yet. But for a clean comparison, this is the fairest way to look at it.
