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Anadarko Petroleum Corp (APC.N)

APC.N on New York Stock Exchange

74.11USD
22 Jun 2018
Change (% chg)

$4.65 (+6.69%)
Prev Close
$69.46
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Volume
3,241,458
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$74.71
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Latest Key Developments (Source: Significant Developments)

Anadarko And Western Gas Announce Settlement Of Tangible Equity Units
Thursday, 7 Jun 2018 

June 7 (Reuters) - Anadarko Petroleum Corp ::ANADARKO AND WESTERN GAS ANNOUNCE SETTLEMENT OF TANGIBLE EQUITY UNITS.SETTLEMENT OF 9.2 MILLION OUTSTANDING TANGIBLE EQUITY UNITS.WGP UNITS DELIVERED TO SETTLE TEUS WERE OWNED BY A WHOLLY OWNED SUBSIDIARY OF ANADARKO.  Full Article

McDermott Awarded Subsea Umbilical And Flowline Installation Contract For The Lucius Field
Wednesday, 9 May 2018 

May 9 (Reuters) - McDermott International Inc ::MCDERMOTT AWARDED SUBSEA UMBILICAL AND FLOWLINE INSTALLATION CONTRACT FOR THE LUCIUS FIELD.MCDERMOTT INTERNATIONAL INC - CONTRACT AWARD WILL BE REFLECTED IN MCDERMOTT'S Q2 2018 BACKLOG.MCDERMOTT INTERNATIONAL - ANNOUNCED CONTRACT AWARD FROM ANADARKO PETROLEUM FOR SUBSEA UMBILICAL AND FLOWLINE INSTALLATION.  Full Article

Anadarko Petroleum Says Entered Into Third Amendment And Maturity Extension Agreement
Wednesday, 17 Jan 2018 

Jan 16 (Reuters) - Anadarko Petroleum Corp ::ANADARKO PETROLEUM CORP - ‍ON JAN. 12, CO ENTERED INTO A THIRD AMENDMENT AND MATURITY EXTENSION AGREEMENT, WITH JPMORGAN CHASE BANK, N.A - SEC FILING​.ANADARKO PETROLEUM CORP - ‍FIVE-YEAR CREDIT AGREEMENT AMENDMENT AMENDS THAT CERTAIN REVOLVING CREDIT AGREEMENT DATED AS OF JUNE 17, 2014​.ANADARKO PETROLEUM CORP - ‍FIVE-YEAR CREDIT AGREEMENT AMENDMENT EXTENDS MATURITY DATE FROM JANUARY 23, 2021 TO JAN. 23, 2022​.ANADARKO PETROLEUM CORP - ‍ALSO ON JANUARY 12, 2018, ANADARKO ENTERED INTO A SECOND AMENDMENT TO 364-DAY REVOLVING CREDIT AGREEMENT​.ANADARKO PETROLEUM CORP - ‍364-DAY CREDIT AGREEMENT AMENDMENT EXTENDS MATURITY DATE FROM JAN. 12, 2018 TO JAN. 11, 2019​.  Full Article

Western Gas Partners Extends Commodity Price Swap Agreements With Anadarko Petroleum
Thursday, 21 Dec 2017 

Dec 20 (Reuters) - Anadarko Petroleum Corp ::WESTERN GAS PARTNERS - EXTENDED COMMODITY PRICE SWAP AGREEMENTS WITH ANADARKO PETROLEUM FOR DJ BASIN COMPLEX & MGR ASSETS THROUGH DEC 31, 2018.WESTERN GAS PARTNERS SAYS ON DEC 15, CO'S UNIT & ANADARKO'S UNIT ENTERED INTO AMENDMENT TO THEIR WATTENBERG GAS GATHERING AGREEMENT - SEC FILING.WESTERN GAS PARTNERS - WATTENBERG AGREEMENT AMENDMENT PROVIDES FOR $0.16/MMBTU INCREASE IN GATHERING FEE THROUGH END OF CONTRACT TERM IN DEC 2027.  Full Article

Anadarko Announces Open Season For West Texas Oil Gathering And Treating System
Wednesday, 13 Dec 2017 

Dec 13 (Reuters) - Anadarko Petroleum Corp ::ANADARKO ANNOUNCES OPEN SEASON FOR WEST TEXAS OIL GATHERING AND TREATING SYSTEM.ANADARKO - DBM OIL SERVICES SYSTEM EXPECTED TO HAVE GATHERING CAPACITY OF ABOUT 400,000 BOEPD BY 2018-END.ANADARKO PETROLEUM CORP - DBM OIL SERVICES, LLC EXPECTS INITIAL PHASE OF SYSTEM TO BE OPERATIONAL IN Q2 OF 2018.ANADARKO - DBMOS SYSTEM EXPECTED TO HAVE TREATING CAPACITY OF 120,000 BOPD BY 2018-END, INCREASING TO 180,000 BOPD IN 2019.ANADARKO PETROLEUM CORP - BINDING OPEN SEASON BEGINS ON WEDNESDAY AND ENDS ON DEC. 28, 2017.  Full Article

Anadarko announces 2018 capital program and sales-volume guidance
Thursday, 16 Nov 2017 

Nov 16 (Reuters) - Anadarko Petroleum Corp ::Announces 2018 capital program and sales-volume guidance.In 2018, company expects to make capital investments in range of $4.2 to $4.6 billion​​.In 2018, Anadarko plans to allocate approximately $900 million toward upstream activities in Delaware Basin of West Texas​.In 2018, Anadarko plans to allocate additional $500 million directed toward Anadarko Midstream Investments​.During 2018, company plans to average seven operated rigs and six completion crews​.In 2018, Anadarko expects to allocate approximately $1.1 billion toward its Deepwater Gulf of Mexico operations​.Company's exploration investments in 2018 are expected to total about $200 million​.Approximately $150 million is expected to be invested during 2018 as company advances Mozambique LNG project​.Plan to execute remaining $1.5 billion of $2.5 billion share-repurchase program during coming year​.Also modifying metrics in 2018 compensation program​.2018 total sales-volume expectations of 245 MMboe to 255​ MMboe.Sees 2017​ ‍total sales-volume to be 224 MMboe to 228 MMboe.It also plans to average five operated rigs and three completions crews in DJ Basin of Northeast Colorado in 2018​.Plans to operate two floating drillships and spud approximately five development wells in Gulf during 2018.  Full Article

Soros Fund Management takes share stake in GM, Cenovus Energy
Wednesday, 15 Nov 2017 

Nov 14 (Reuters) - Soros Fund Management::Ups share stake in Kellogg by 40.6 percent to 382,697 shares - SEC filing.Ups share stake in Amazon.com by 33.3 percent to 10,000 shares.Takes share stake of 100,000 shares in Anadarko.Ups share stake in Kraft Heinz by 48.6 percent to 684,733 shares.Takes share stake of 1.2 million shares in Cenovus Energy.Takes share stake of 185,686 shares in GM.Change in holdings are as of Sept. 30, 2017 and compared with the previous quarter ended as of June 30, 2017.  Full Article

Anadarko to build new regional headquarters at Westridge Commons site
Thursday, 9 Nov 2017 

Nov 8 (Reuters) - KKR & Co LP ::Anadarko to build new regional headquarters at Westridge Commons site.‍Anadarko Petroleum Corporation has selected Westridge Commons as site for its new regional office​.  Full Article

Anadarko CEO doesn't see stable oil price above $60/barrel
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Anadarko Petroleum Corp :Says every $1 change in oil price CLc1 moves free cash flow by $100 million.Chief Executive Al Walker says doesn't anticipate stable oil price CLc1 above $60/barrel.CEO says 'we see enough reasons to be concerned' oil price could fall back to $45/barrel if OPEC changes current supply deal.  Full Article

Whiting Petroleum names Bradley Holly president and CEO
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Whiting Petroleum Corp :Whiting Petroleum Corp names Bradley J. Holly president and chief executive officer.Whiting Petroleum Corp - ‍james Volker to retire as chief executive officer​.Whiting Petroleum Corp - ‍Holly previously served as executive vice president, U.S. onshore exploration and production for anadarko petroleum corporation​.  Full Article

UPDATE 2-Centrica, Tokyo Gas break mould in Mozambique LNG deal

LONDON/TOKYO, June 15 Britain's Centrica and Japan's Tokyo Gas aim to buy liquefied natural gas (LNG) from Anadarko Petroleum's $20 billion project in Mozambique, the first joint procurement deal designed to defuse risks facing the buyers in their respective markets.