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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Anadarko Petroleum Corporation | NYSE:APC | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 72.77 | 0 | 01:00:00 |
From May 2019 to May 2024
By Maria Armental
Anadarko Petroleum Corp. (APC) on Tuesday reported second-quarter results. Here's what you need to know:
PROFIT: Anadarko swung to a second-quarter profit of $29 million, or 5 cents a share, from a loss of $415 million, or 76 cents a share, a year earlier. Excluding certain items, Anadarko reported a profit of 54 cents a share, compared with analysts' projected 56 cents a share, according to Thomson Reuters.
REVENUE: Revenue rose 21% to $3.29 billion, beating the consensus estimate of $3.07 billion.
COSTS: Expenses fell 11% to $2.47 billion.
COMMENTARY: Chief Executive Al Walker said in a statement Anadarko's liquefied natural gas project in Mozambique has made good progress, and company officials still expect to make a final investment decision in the first half of 2019.
STOCK: Shares, which outperform the market with a 36% gain this year, fell 1% to $72.40 in after-hours trading.
Write to Maria Armental at maria.armental@wsj.com
(END) Dow Jones Newswires
July 31, 2018 17:00 ET (21:00 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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