Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Anadarko Petroleum Q1 Profit Surges - Quick Facts

RELATED NEWS
Trade APC now with 

Anadarko Petroleum Corp. (APC: Quote) announced first-quarter 2012 net income attributable to common stockholders of $2.156 billion or $4.28 per share, up from $216 million or $0.43 per share in the same quarter last year.

The latest quarter results included certain items typically excluded by the investment community in published estimates. In total, these items increased net income by approximately $1.681 billion, or $3.36 per share on an after-tax basis.

Adjusted net income was $475 million or $0.92 per share, compared to $366 million or $0.73 per share last year. Analysts polled by Thomson Reuters expected the company to report earnings of $0.83 per share for the quarter. Analysts' estimates typically exclude special items.

Total revenues for the quarter rose to $3.447 billion from $3.253 billion in the prior year quarter. Twenty analysts had consensus revenue estimate of $3.42 billion for the quarter.

Click here to receive FREE breaking news email alerts for Anadarko Petroleum and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
With trading resuming following the long, holiday weekend, stocks showed a lack of direction throughout the trading session on Tuesday before ending the day mixed. The markets largely held on to the bulk of their recent gains. The Islamic State (IS), a Sunni extremist group previously known as Islamic State of Iraq and the Levant (ISIL), has released a video purporting to show the beheading of US journalist Steven Sotloff, media reports said Tuesday. According to reports, the video also showed a masked man threatening to execute a British man named David Haines. He also warned governments to stay away "this evil allian Less than a month after resigning from Congress, former House Majority Leader Eric Cantor, R-Virg., has made the move from Washington to Wall Street by joining boutique investment bank Moelis & Co. A statement from Moelis said Cantor will serve as Vice Chairman and Managing Director and also be elected to the company's Board of Directors.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.