FBR Downgrades Anadarko (APC) to Market Perform

May 16, 2008 7:37 AM EDT

Friedman Billings Ramsey downgrades Anadarko Petroleum (NYSE: APC) from Outperform to Market Perform.

Anadarko Petroleum Corporation engages in the exploration and production of oil and gas properties primarily in the United States, the deepwater of the Gulf of Mexico, and Algeria.


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