Anadarko Petroleum (APC ) Posts Surprise Q2 Profit

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Anadarko Announces Second-Quarter 2015 Results

July 28, 2015 4:05 PM EDT

HOUSTON, July 28, 2015 /PRNewswire/ -- Anadarko Petroleum Corporation (NYSE: APC) today announced its financial and operating results for the second quarter of 2015, including net income attributable to common stockholders of $61 million, or $0.12 per share (diluted). These results include certain items typically excluded by the investment community in published estimates, which in the aggregate increased net income by $57 million or $0.11 per share (diluted).(1) Net cash flow from operating activities in the second quarter of 2015 was $1.243 billion, and discretionary cash flow from operations totaled $1.373 billion.(2)               

HIGHLIGHTS

Increased year-over-year oil sales volumes by 42,000 barrels... More