Report
Jeffrey Stafford
EUR 101.80 For Business Accounts Only

Anadarko focused on highest-returning projects in Delaware, DJ, and deepwater amid low oil prices.

We're raising our fair value estimate for no-moat Anadarko Petroleum to $55 per share from $51 after the company released fourth-quarter and full-year results. Our fair value climbs on several minor factors, including higher near-term commodity prices, the benefits of tax reform, and the time value of money.
Volumes rose to 637 mboe/d for a divestiture-adjusted year-over-year increase of 8%, eclipsing the top end of quarterly guidance. Quarterly oil volumes from both the Delaware and DJ (two of ...
Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Jeffrey Stafford

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