| Anadarko Petroleum 's 4Q profit disappoints | |
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HOUSTON (AP) -- Anadarko Petroleum Corp. on Monday reported disappointing fourth-quarter results as it coped with the fallout from sinking oil prices.
The Houston-based oil and natural gas company reported a loss of $395 million, or 78 cents per share, for the quarter versus a loss of $770 million, or $1.53 per share, last year. After adjusting for a number of items, it earned 37 cents per share versus 74 cents per share last year.
That fell far short of market forecasts — analysts polled by FactSet were anticipating earnings of 80 cents per share.
Anadarko's oil and gas output improved year-over-year but, like many of its peers, it is dealing with sinking oil prices. The average price the company was paid for crude oil fell to $71.67 for the quarter, down 28 percent from last year. Its natural gas price sales prices held steady.
The quarter's revenue fell to $3.18 billion from $3.34 billion; analysts were anticipating $3.76 billion.
Shares of Anadarko closed at $82.77 and slipped 62 cents to $82.15 in extended trading. Its shares have increased roughly 3 percent in the past 12 months.
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Anadarko
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CODE : APC |
ISIN : US0325111070 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Anadarko est une société d’exploration minière basée au Canada. Anadarko est cotée aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 38,6 milliards US$ (34,5 milliards €). La valeur de son action a atteint son plus bas niveau récent le 12 mai 1995 à 10,00 US$, et son plus haut niveau récent le 23 mai 2014 à 99,93 US$. Anadarko possède 531 000 000 actions en circulation. |