Anadarko Petroleum (APC) Declares $0.05 Quarterly Dividend; 0.4% Yield

Go back to Anadarko Petroleum (APC) Declares $0.05 Quarterly Dividend; 0.4% Yield

Anadarko Petroleum (APC) Reports 2018 Capital Program & Sales Volume Guidance

November 16, 2017 7:35 AM EST

Anadarko Petroleum Corporation (NYSE: APC) today announced its 2018 capital expectations and guidance. In 2018, the company expects to make capital investments in the range of $4.2 to $4.6 billion.(1) The capital program is designed to enhance shareholder value by delivering attractive margins and returns, while advancing the development of the company's core assets within discretionary cash flow.

2018 ANADARKO CAPITAL PROGRAM HIGHLIGHTS

Allocates approximately 80 percent of capital toward the Delaware and DJ basins, including Anadarko midstream, and the deepwater Gulf of MexicoGenerates material free cash flow at current strip prices and breaks... More