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Anadarko Touts Record Quarter; Talks Shale Progress

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Anadarko Touts Record Quarter; Talks Shale Progress

Anadarko Petroleum Corporation reported first-quarter 2013 net income attributable to common stockholders of $460 million, or $0.91 per share (diluted).

These results include certain items typically excluded by the investment community in published estimates. In total, these items decreased net income by approximately $87 million, or $0.17 per share (diluted), on an after-tax basis. Cash flow from operating activities in the first quarter of 2013 was approximately $2.503 billion, and discretionary cash flow totaled $2.056 billion.

First-Quarter 2013 Highlights: Achieved record daily sales volumes of 793,000 barrels of oil equivalent (BOE) Monetized assets totaling more than $1.2 billion Initiated oil production at the El Merk project in Algeria Delivered outstanding deepwater success in…
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