Anadarko Petroleum Corp. (APC) Tops Q2 EPS by 2c

Anadarko Petroleum Corp. (NYSE: APC) reported Q2 EPS of $1.32, $0.02 better than the analyst estimate of $1.30. Revenue for the quarter came in at $4.44 billion versus the consensus estimate of $4.14 billion.

• Delivered record average daily sales volumes of 848,000 barrels of oil equivalent (BOE) per day, including a 50,000-barrels-per-day increase in oil sales volumes over the second quarter of 2013 from the U.S. onshore
• Achieved oil production milestones in Algeria and Ghana, and advanced the Gulf of Mexico Lucius project on schedule
• Reached a settlement agreement on the Tronox Adversary Proceeding
• Announced a 50-percent increase in the company's quarterly dividend to 27 cents per share

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

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