Anadarko Petroleum (APC) Tops Q2 EPS by 20c

Anadarko Petroleum (NYSE: APC) reported Q2 EPS of ($0.60), $0.20 better than the analyst estimate of ($0.80).

HIGHLIGHTS

• Achieved record production levels at three operated Gulf of Mexico facilities and in the U.S. onshore Delaware and DJ basins
• Encountered more than 1,040 net feet of oil pay at the Shenandoah-5 appraisal well and increased working interest in this operated deepwater discovery
• Closed $2.5 billion of monetizations year to date
• Retired $3 billion of near-term maturities with proceeds from debt issued during the first quarter

For earnings history and earnings-related data on Anadarko Petroleum (APC) click here.

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