Credit Suisse Upgrades Anadarko Petroleum (APC) to Outperform
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Anadarko Announces Third-Quarter 2016 Results
October 31, 2016 4:05 PM EDTHOUSTON, Oct. 31, 2016 /PRNewswire/ -- Anadarko Petroleum Corporation (NYSE: APC) today announced its financial and operating results for the third quarter of 2016, including a net loss attributable to common stockholders of $830 million, or $1.61 per share (diluted). The net loss includes certain items typically excluded by the investment community in published estimates, which in the aggregate decreased net income by $371 million or $0.72 per share (diluted) on an after-tax basis.(1) Net cash provided by operating activities in the third quarter of 2016 was $785 million.             Â
HIGHLIGHTS
Delivered strong sales volumes with oil volumes... More