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Anadarko Petroleum Corp (APC.N)

APC.N on New York Stock Exchange

53.57USD
23 May 2017
Change (% chg)

$0.22 (+0.41%)
Prev Close
$53.35
Open
$53.19
Day's High
$53.71
Day's Low
$53.04
Volume
1,194,016
Avg. Vol
1,259,509
52-wk High
$73.24
52-wk Low
$48.29

Latest Key Developments (Source: Significant Developments)

Wildhorse Resource Development announces strategic acquisition of Eagle Ford Properties
Thursday, 11 May 2017 06:05am EDT 

May 11 (Reuters) - Wildhorse Resource Development Corp :Press release - wildhorse resource development corporation announces strategic acquisition of eagle ford properties.Wildhorse resource development corp - deal for $625 million.Wildhorse resource development corp - raised estimated full-year 2017 production guidance range to 27.0 - 31.0 mboe/d from 23.0 - 27.0 mboe/d.Wildhorse resource development corp - q1 2017 estimated production of approximately 17.6 mboe/d consisting of 49% oil, 41% natural gas and 10% ngls.Wildhorse resource development - deal consideration is $625 million including approximately $556 million of cash to apc and 6.3 million shares of wrd common stock.Wildhorse resource development- in conjunction with deal, carlyle group to purchase $435 million of series a perpetual convertible preferred stock from wrd.Wildhorse resource development corp - updated 2017 capex guidance has been increased to $550 - $675 million.Wildhorse resource development corp - drilling program has also increased by 10 gross wells to between 100 - 120 gross spuds in 2017.Wildhorse resource development corp - remainder of acquisition price is to be funded by borrowings under wrd's revolving credit facility.Wildhorse resource development corp - number of gross wells brought online has increased by 5 wells to between 85 and 105 gross wells in 2017.Wildhorse resource development corp - announced acquisition will also increase working interest of 2017 and 2018 development programs.  Full Article

Anadarko declares dividend
Wednesday, 10 May 2017 04:09pm EDT 

May 10 (Reuters) - Anadarko Petroleum Corp :Anadarko declares dividend.Sets quarterly cash dividend of $0.05per share.  Full Article

Anadarko issues statement regarding Firestone accident
Tuesday, 2 May 2017 05:18pm EDT 

May 2 (Reuters) - Anadarko Petroleum Corp :Anadarko issues statement regarding Firestone accident.Provides statement regarding Frederick-Firestone Fire Protection District's results of investigation into accident in firestone.Says "Last week we shut in our vertical wells in oak meadows area and throughout basin".Will also continue to work with Colorado Oil and Gas Conservation Commission on additional steps or actions agency deems necessary.  Full Article

Anadarko Petroleum reports Q1 loss per share $0.58
Tuesday, 2 May 2017 04:16pm EDT 

May 2 (Reuters) - Anadarko Petroleum Corp :Anadarko announces first-quarter 2017 results.Q1 loss per share $0.58.Q1 earnings per share view $-0.24 -- Thomson Reuters I/B/E/S.Anadarko Petroleum qtrly sales volume of oil, natural gas and natural gas liquids (ngls) totaled 72 million boe, or an average of 795,000 boe per day.Anadarko Petroleum Corp - qtrly total revenues $3,767 million versus $1,674 million.Anadarko Petroleum Corp sees Q2 total sales volumes 57-59 mmboe; sees FY total sales volumes 235-239 mmboe.  Full Article

Anadarko issues statement regarding Colorado operations
Wednesday, 26 Apr 2017 05:30pm EDT 

April 26 (Reuters) - Anadarko Petroleum Corp -:Anadarko issues statement regarding Colorado operations.Says provided statement regarding home explosion and fire in firestone, colo., that occurred on april 17.Anadarko Petroleum Corp - it has taken proactive measures to shut in all vertical wells across counties in northeast colorado where it operates.Anadarko Petroleum - wells will remain shut in until company's field personnel can conduct additional inspections and testing of associated equipment.Says anadarko currently anticipates investigation process will take two to four weeks, depending on weather.Anadarko Petroleum Corp - shut wells currently account for total production of about 13,000 net barrels of oil equivalent per day.  Full Article

Oceaneering announces Anadarko Constellation umbilical contract
Thursday, 6 Apr 2017 07:01am EDT 

Oceaneering International Inc : Oceaneering announces Anadarko Constellation umbilical contract . Oceaneering International Inc - secured a contract from Anadarko Petroleum Corporation . Oceaneering International Inc - contract to supply umbilical for Anadarko's Constellation subsea tieback in U.S. Gulf of Mexico . Oceaneering International Inc - Oceaneering plans to design and manufacture umbilical at its facility in Panama City, Florida .Oceaneering International Inc - umbilical is expected to be tied back to Anadarko's constitution spar.  Full Article

Anadarko announces 2017 initial capital program and guidance
Tuesday, 7 Mar 2017 04:05pm EST 

Anadarko Petroleum Corp : Anadarko announces 2017 initial capital program and guidance . Announced 2017 initial capital program of $4.5 to $4.7 billion . Anadarko Petroleum Corp - expected 25-percent increase in oil sales volumes in 2017 relative to prior year . Anadarko Petroleum-in 2017, plan to allocate about 80 percent of total capital program toward our U.S. Onshore upstream and midstream activities . Expect current 2017 U.S. Onshore capital allocation to deliver significant oil growth toward end of year . Anadarko Petroleum Corp - in 2017, Anadarko expects to invest approximately $1.1 billion in its deepwater gulf of Mexico, Algeria and Ghana assets . Anadarko Petroleum- during year, plans to drill up to 10 exploration/appraisal wells in deepwater gulf of Mexico, Côte D'ivoire, and Colombia . Anadarko Petroleum - in 2017, expects to invest about $770 million in its deepwater and international exploration program and LNG project in Mozambique . Expects to benefit from a full year of production from recently acquired Freeport-Mcmoran properties .Anadarko Petroleum Corp - sees 2017 initial sales-volume expectations 235 - 239 mmboe.  Full Article

Western Gas Partners appoints Benjamin Fink CEO
Monday, 13 Feb 2017 06:30am EST 

Western Gas Partners Lp : Says Benjamin m. Fink has been named president and ceo . Western gas partners lp - effective today benjamin m. Fink has been named president and CEO . Western gas partners lp - Don Sinclair, in anticipation of his ultimate retirement, has stepped down from his wes and wgp officer positions . Western gas partners lp - Sinclair will continue to serve as senior advisor to anadarko and partnerships . Western gas partners lp - fink also will replace Sinclair as a director of partnerships .Western gas partners lp - Craig W. Collins has been named svp, operations and chief operating officer of partnerships.  Full Article

Anadarko declares dividend
Thursday, 9 Feb 2017 04:05pm EST 

Anadarko Petroleum Corp : Anadarko declares dividend .Sets quarterly cash dividend of $0.05per share.  Full Article

BANK OF NEW YORK MELLON CORP REPORTS 5.54 PCT PASSIVE STAKE IN ANADARKO PETROLEUM CORP
Friday, 3 Feb 2017 01:14pm EST 

Anadarko Petroleum Corp :BANK OF NEW YORK MELLON CORP REPORTS 5.54 PERCENT PASSIVE STAKE IN ANADARKO PETROLEUM CORP AS OF DEC 31, 2016 - SEC FILING.  Full Article

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BRIEF-Anadarko Petroleum agreed to settle Western Gas Equity Partners' deferred purchase price obligation

* Anadarko Petroleum agreed to settle Western Gas Partners' deferred purchase price obligation for DBJV for $37.3 million Source text for Eikon: Further company coverage: