Anadarko Petroleum (APC) Misses Q4 EPS by 49c

Anadarko Petroleum (NYSE: APC) reported Q4 EPS of $0.37, $0.49 worse than the analyst estimate of $0.86. Revenue for the quarter came in at $3.18 billion versus the consensus estimate of $3.8 billion.

Anadarko's full-year sales volumes of natural gas, crude oil and natural gas liquids (NGLs) totaled a record 306 million BOE, or an average of 838,000 BOE per day, on a divestiture-adjusted basis.(3) Fourth-quarter 2014 sales volumes of natural gas, crude oil and NGLs totaled 79 million BOE, or an average of 854,000 BOE per day.

Anadarko organically added 503 million BOE of proved reserves in 2014 before the effects of price revisions and incurred oil and natural gas exploration and development costs of approximately $8.8 billion.(2) The company estimates its proved reserves at year-end 2014 totaled approximately 2.86 billion BOE, with 69 percent of its reserves categorized as proved developed. At year-end 2014, Anadarko's proved reserves were comprised of 49 percent liquids and 51 percent natural gas.

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

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