Anadarko Petroleum Corp (APC) Key Developments |
United States

Anadarko Petroleum Corp (APC)

APC on New York Consolidated

27 Jun 2016
Change (% chg)

$-2.04 (-3.86%)
Prev Close
Day's High
Day's Low
Avg. Vol
52-wk High
52-wk Low

Latest Key Developments (Source: Significant Developments)

U.S. Supreme Court rejects BP Plc, Anadarko Petroleum Corp over Deepwater Horizon spill penalties - Reuters
Sunday, 28 Jun 2015 08:00pm EDT 

Anadarko Petroleum Corp:Says U.S. Supreme Court rejected bids by BP Plc and Anadarko Petroleum Corp to avoid penalties under federal pollution law in connection with the 2010 Gulf of Mexico oil spill - Reuters.Says high court left in place a June 2014 ruling by the New Orleans-based 5th U.S. Circuit Court of Appeals, which said the companies were liable for civil penalties under the federal Clean Water Act.Says BP could face a maximum penalty of $13.7 billion under the Clean Water Act.Says Anadarko could be required to pay more than $1 billion.Says U.S. District Judge Carl Barbier in New Orleans has not yet imposed penalties, but has ruled that BP was grossly negligent and that 3.19 million barrels of oil were spilled.Says BP and Anadarko owned a respective 65 percent and 25 percent of the Macondo well.Says the companies had argued in part that they should not be responsible for oil spilled as a result of failed equipment on the drilling rig, which was owned by Transocean Ltd.As co-owners of the well, BP and Anadarko would be on the hook for resulting fines, the appeals court ruled.  Full Article

Anadarko Petroleum Corp completes public offering - Form 8-K
Thursday, 11 Jun 2015 11:27am EDT 

Anadarko Petroleum Corp:Completed its previously announced public offering and sale of 8 mln 7.50 pct tangible equity units at a public offering price of $50.00 per Unit.Pursuant to the terms agreement, the company has also granted the underwriters a 30-day option to purchase up to an additional 1.2 mln units at the same price.  Full Article

Anadarko Petroleum Corp declares quarterly cash dividend
Tuesday, 12 May 2015 03:48pm EDT 

Anadarko Petroleum Corp:Declares quarterly cash dividendof 27 cents per share.Payable June 24, to stockholders of record at the close of business on June 10.  Full Article

Enterprise Products Partners LP, Anadarko , DCP Midstream and MarkWest form joint venture for Panola NGL Pipeline in Texas
Tuesday, 24 Feb 2015 08:00am EST 

Enterprise Products Partners LP, Anadarko Petroleum Corp, DCP Midstream Partners, LP and MarkWest Energy Partners, L.P:Announced the formation of a joint venture under which Enterprise will assign 45 pct ownership interest in its wholly owned Panola Pipeline Company, LLC.Says the interest will be evenly divided among Anadarko's affiliate, WGR Asset Holding Company LLC (WGR), DCP Midstream Partners and MarkWest.Says Enterprise will continue to serve as operator of the Panola Pipeline and own the remaining 55 pct interest.  Full Article

Anadarko Petroleum Corp declares dividend
Tuesday, 10 Feb 2015 03:00pm EST 

Anadarko Petroleum Corp:Declares a quarterly cash dividend on the company's common stock of 27 cents per share.Payable March 25, 2015, to stockholders of record at the close of business on March 11, 2015.  Full Article

Anadarko Petroleum Declares Dividend
Thursday, 6 Nov 2014 06:53pm EST 

Anadarko Petroleum Corp:Declares a quarterly cash dividend on the company's common stock of 27 cents per share, payable Dec. 24, to stockholders of record at the close of business on Dec. 10.  Full Article

KKR Partners with Anadarko Petroleum Corp to develop east texas eaglebine
Tuesday, 28 Oct 2014 04:10pm EDT 

KKR:Says an investment in which KKR has become a non-operated working interest partner with Anadarko Petroleum Corporation in the development of Anadarko's acreage in the Eaglebine play located primarily in Brazos, Burleson, and Robertson Counties, Texas.Through long-term, full field development, KKR expects to participate in more than 500 future horizontal wells.  Full Article

Anadarko Petroleum gives FY 2014 production guidance - Conference Call
Thursday, 18 Sep 2014 01:45am EDT 

Anadarko Petroleum Corp:Expects to deliver FY 2014 sales volume growth somewhere between 9 pct and 11 pct and have increased guidance by 8 million barrels, which is over 20,000 barrels of oil a day.  Full Article

Anadarko Petroleum Corporation declares dividend
Monday, 4 Aug 2014 08:00pm EDT 

Anadarko Petroleum Corporation:Says that it has declared a quarterly cash dividend on the company's common stock of 27 cents per share, payable Sept. 24, 2014, to stockholders of record at the close of business on Sept. 10, 2014.  Full Article

FMC Technologies Inc announces agreement with Anadarko Petroleum, BP, ConocoPhillips and Shell to develop of subsea production equipment
Monday, 21 Jul 2014 08:00am EDT 

FMC Technologies Inc:Signed an agreement which establishes a joint industry program that includes Anadarko Petroleum Corporation, BP, ConocoPhillips and Shell.Joint industry program is for the purpose of jointly developing a new generation of standardized subsea production equipment and systems designed to meet the challenges of producing oil and gas from deepwater reservoirs with pressures of up to 20,000 psi and temperatures of 350°F at the mudline.  Full Article

BRIEF-Anadarko Petroleum CEO says can't expect service costs to contract anymore

* CEO says "really don't believe" $50-$55 gives industry enough cash flow to provide growth; "think its going to happen at $60 and above" - conference