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Michael transforms into Category 4 storm

  • Intensifying into an extremely dangerous Category 4 hurricane, Michael is expected to strengthen further before making landfall in the Florida Panhandle or Big Bend area around noon today.
  • Oil producers - including Anadarko (NYSE:APC), BHP Billiton (NYSE:BHP), BP (NYSE:BP) and Chevron (NYSE:CVX) - have evacuated many personnel, with nearly 40% of daily crude oil production shut in the Gulf.
  • On watch are also insurers, power providers, hospitals, livestock and crop producers, generator manufacturers and building stocks.
  • Related tickers: HD, LOW, DUK, ALL, CB, AIG, TRV, PGR, GNRC, CMI, BGG, WWD, CAT, RBC, CYD, WPRT, UQM, HYGS, CORN, WEAT, SGG, SOYB, JJG, BALB, COW, CANE, GRU, SGAR, WEET, CTNN, UBC, LSTK

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APC--
Anadarko Petroleum Corporation