Title : Anadarko? -- July 24, 2017
link : Anadarko? -- July 24, 2017
Anadarko? -- July 24, 2017
It's been my impression that Anadarko has been one of the energy darlings of Wall Street. Then this:- 1Q17, ending March 31: bigger-than-expected loss as costs rise. Posted by Reuters, May 2, 2017.
- 2Q17, ending June 31: bigger-than-expected loss. Posted by MarketWatch, July 24, 2017.
- Anadarko cuts 2017 spending by $300 million. Posted by Oil & Gas Journal, July 24, 2017. Data points from the O&GJ:
- will lower its full-year sales-volume guidance by 4 million boe to 235 million boe
- follows recent divestiture and the impact of shutting more than 3,000 wells in the DJ basin in Colorado after a home explosion in April, 2017
- closed on its Eaglebine assets in central Texas for $534 million
- closed on its sale of coalbed methane assets in Utah for $70 million
Thus Article Anadarko? -- July 24, 2017
That's an article Anadarko? -- July 24, 2017 This time, hopefully can give benefits to all of you. well, see you in posting other articles.
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