Johnson Rice Upgrades Anadarko Petroleum (APC) to Buy
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S&P Lifts Outlook on Anadarko Petroleum (APC) to Stable; Ratings Affirmed
September 15, 2016 7:25 AM EDTS&P Global Ratings affirmed all its ratings, including the 'BBB' long-term corporate credit rating, on Houston-based oil and gas exploration and production (E&P) company Anadarko Petroleum Corp. (NYSE: APC), and revised the outlook to stable from negative.
The outlook revision follows Anadarko's announcement that it has agreed to acquire deepwater Gulf of Mexico assets from mining company Freeport-McMoRan Inc. for $2 billion. Anadarko will... More
