Anadarko? -- July 24, 2017

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Anadarko? -- July 24, 2017

It's been my impression that Anadarko has been one of the energy darlings of Wall Street. Then this:

  • 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


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