Spotlight On Shareholder Activism In The Energy Industry

Law360, New York (January 10, 2014, 7:28 PM EST) -- The North American energy sector experienced a dramatic surge in shareholder activism during 2012 and 2013 as energy companies became a primary target for dissident activity. Prominent companies such as Hess Corporation, Occidental Petroleum, Marathon Petroleum Corporation, Transocean and Chesapeake Energy all became targets, to say nothing of dozens of mid- and small-cap firms in the industry. Although recent campaigns reflect similarities between activism in the energy industry and across all industries, a handful of aspects of energy industry activism have been particularly salient.

Shareholder Activism...
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