“’This settlement agreement with the litigation trust and the U.S. government eliminates the uncertainty this dispute has created, and the proceeds will fund the remediation and cleanup of the legacy environmental liabilities and tort claims,’ Anadarko chairman and CEO Al Walker said.”
That’s a CEO speaking legal-speak.
Except for three, key words:
“…eliminates the uncertainty.”
Wall Street, investors do not like uncertainty.
They like clarity.
How much so?
With legal certainty added, Anadarko’s stock soared some 14.5 percent.
It hit a record high.
Investors rewarded the business clarity.
Clarity garners stakeholder credibility.
Credibility is all about your reputation.
What uncertainty can your firm “clear up”?
How will it be communicated?
Potential rewards await.