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Anadarko Petroleum quarterly profit falls, output a record
May 6, 2013 / 8:16 PM / 4 years ago

Anadarko Petroleum quarterly profit falls, output a record

May 6 (Reuters) - Anadarko Petroleum Corp on Monday reported a sharply lower quarterly profit, as year-ago results were boosted by a large tax benefit.

The Houston company had a first-quarter profit of $460 million, or 91 cents per share, compared with $2.2 billion, or $4.28 per diluted share, in the same period a year earlier.

Oil and gas production rose 13 percent to a record 793,000 barrels oil equivalent (boe) per day.

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