November 5, 2008
Anadarko Petroleum Brings Excellent 3Q08 Profits As Gulf Repairs Continue, an Industrial Info News Alert
Researched by Industrial Info Resources (Sugar Land, Texas) -- Anadarko Petroleum Corporation (NYSE:APC) (The Woodlands, Texas) announced third quarter 2008 net income of $2.16 billion. Discounting specific items that affect comparability, including large derivatives-based gains, net income for the quarter was $765 million, more than twice 3Q07's adjusted net income of $318 million. Currently, about 75% of Anadarko's Gulf of Mexico production is back online, and all facilities are operational.
For details, view the entire article by subscribing to Industrial Info's Premium Industry News at http://www.industrialinfo.com/showNews.jsp?newsitemID=140825, or browse other breaking industrial news stories at www.industrialinfo.com.
Industrial Info Resources (IIR) is a marketing information service specializing in industrial process, energy and financial related markets with products and services ranging from industry news, analytics, forecasting, plant and project databases, as well as multimedia services. For more information send inquiries to [email protected] or visit our website at www.industrialinfo.com.
Related News Articles
Chevron Doubles Third-Quarter Earnings While Producing Less
Increased Production and Higher Prices Nearly Triple Murphy Oil's Quarterly Income
ExxonMobil Breaks Own Record for Largest-Ever U.S. Profits
Contact: Joe Govreau 713-783-5147
SOURCE: Industrial Info Resources