Western Gas Partners LP (WES) Misses Q4 EPS Views

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Anadarko Announces Monetizations Totaling Approximately $1.3 Billion

February 24, 2016 4:35 PM EST

HOUSTON, Feb. 24, 2016 /PRNewswire/ -- Anadarko Petroleum Corporation (NYSE: APC) today announced it has closed or signed agreements to monetize approximately $1.3 billion of assets since the beginning of the year. The monetizations include the forward sale of future royalty income from its natural soda ash interest, the divestiture of its East Chalk asset, and the sale of its interest in the Maverick Basin gathering system.

"These monetizations continue our track record of actively managing our portfolio," said Anadarko Chairman, President and CEO Al Walker. "Consistent with that, we have identified other... More