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News Breaks
November 23, 2009
07:12 EDTAPC
theflyonthewall.com: Anadarko Petroleum announces encounter of high-quality oil
Anadarko Petroleum Corp. announced the Wahoo #2 appraisal/exploration well in the Campos Basin has encountered more than 90 feet of high-quality net oil pay in the same pre-salt interval as the original Wahoo discovery. The Wahoo #2 appraisal/exploration well is located in block BM-C-30, five miles north and down-dip from the previously announced Wahoo discovery that encountered more than 195 feet of net pay. :theflyonthewall.com



News For APC From The Last 14 Days
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February 7, 2012
12:27 EDTAPC
theflyonthewall.com: EIA sees 2012 natural gas spot price $3.35, down 65c from 2011 average
The U.S. Energy Information Administration said natural gas working inventories continue to set new record seasonal highs, with January ending stocks about 24% above the same time last year. EIA’s average 2012 Henry Hub natural gas spot price forecast is $3.35 per MMBtu, a decline of about 65c per MMBtu from the 2011 average spot price. EIA sees spot prices averaging $4.07 per MMBtu in 2013. Reference Link :theflyonthewall.com
12:11 EDTAPC
theflyonthewall.com: On The Fly: Mid-Day Wrap
Stocks on Wall Street were higher at mid-day, as investors keep one eye on earnings and one eye on Greece. Stock futures were lower in pre-market trading which led to a lower open for the broader market. The averages were weak for the first hour of trading but slowly drifted off their lows following Fed Chairman Bernanke’s comments before the Senate Banking Committee. The comments echoed the sentiments the Chairman made last week in which he said interest rates would remain low through 2014. The market eventually pushed through the flat line and into positive territory and all three major indices are now solidly higher... ECONOMIC EVENTS: With little market moving domestic economic data released again today, Europe, and specifically Greece, remained front and center in terms of the macroeconomic picture. Reports circulated that Greek politicians drafted an agreement on austerity measures that will allow the country to get its next bailout payment, but no formal agreement was announced... MARKET NEWS: The day after shares of Coinstar (CSTR) advanced on news of a movie rental joint venture deal with Verizon (VZ), Coinstar surged again as its fourth-quarter earnings more than doubled and it agreed to buy assets of NCR's (NCR) entertainment business for $100M. NCR shares rose as well on the deal and its own earnings report... Dow component Coca-Cola's (KO) Q4 earnings fell 71% but its adjusted EPS topped expectations, sending shares higher. Among others reporting earnings, winners included Yum! Brands (YUM) and Anadarko (APC), while Emerson (EMR), BP (BP), and Vishay (VSH) were among the losers... MasterCard (MA) increased its dividend to 30c from 15c... MAJOR MOVERS: Among the notable gainers were SolarWinds (SWI) and Standard Pacific (SPF), following their quarterly reports. Noteworthy losers included Nevsun Resources (NSU), after issuing its 2012 production guidance, and Achillion (ACHN), following a downgrade to Underperform from Buy at BofA/Merrill... INDICES: Near noon, the Dow was up 26.18, or 0.20%, to 12,871.31; the Nasdaq was up 5.66, or 0.20%, to 2,907.65; and the S&P 500 was up 2.08, or 0.15%, to 1,346.41. :theflyonthewall.com
07:27 EDTAPC
theflyonthewall.com: Cheap gas continues to pressure coal use, WSJ reports

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February 6, 2012
16:16 EDTAPC
theflyonthewall.com: Anadarko paid BP approximately $4B during Q4 as part of Deepwater settlement

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16:13 EDTAPC
theflyonthewall.com: Anadarko reports Q4 EPS (72c) with items vs. consensus 61c

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15:43 EDTAPC
theflyonthewall.com: Companies reporting After the Market Close on Monday, February 06

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08:52 EDTAPC
theflyonthewall.com: Anadarko volatility near two-year lows into Q4 and outlook

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February 3, 2012
07:16 EDTAPC
theflyonthewall.com: Anadarko initiated with a Neutral at Credit Suisse

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January 31, 2012
08:32 EDTAPC
theflyonthewall.com: Ensco unit enters into contract with Anadarko for ENSCO 8506
Ensco (ESV) announced that one of its subsidiaries has entered into a contract for ENSCO 8506 with Anadarko Petroleum Corporation (APC). The initial contract term is for two and one-half years in the U.S. Gulf of Mexico at a day rate of $530,000 plus cost adjustments. The contract adds more than $480M to revenue backlog. Delivery of ENSCO 8506 from Keppel FELS Limited shipyard in Singapore is scheduled for third quarter 2012 followed by contract commencement in fourth quarter 2012 once mobilization, sea trials and acceptance testing have been completed. :theflyonthewall.com

January 30, 2012
07:00 EDTAPC
theflyonthewall.com: U.S. lowers estimates of amount of natural gas in country, NY Times reports

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