Anadarko Petroleum Corporation

Industry: Oil Gas Operations

Fortune Rank: 260

Anadarko Petroleum Corp. is engaged in the production exploration, development, production, and marketing of natural gas, crude oil, condensate and natural gas liquids. For the 6 months ended 6/30/05, revenues rose 7% to $3.12B. Net income applic. to Common increased 25% to $996M. Revenues reflect higher commodity prices & sales volume. Net income reflects improved gross margins and lower depreciation and amortization expenses.

Anadarko Petroleum Corporation (Anadarko) is an oil and gas exploration and production company. Major areas of operations are located in the United States, primarily in Texas, Louisiana, the mid-continent region and the western states, Alaska and in the shallow and deep waters of the Gulf of Mexico, as well as in Canada and Algeria. Anadarko also has production in Venezuela and Qatar. It actively markets natural gas, oil and natural gas liquids (NGLs) and owns and operates gas-gathering systems in its core producing areas. In addition, the Company engages in the hard minerals business through non-operated joint ventures and royalty arrangements in several coal, trona (natural soda ash) and industrial mineral mines located on lands within and adjacent to its Land Grant holdings. The Land Grant is an eight-million-acre strip running through portions of Colorado, Wyoming and Utah where the Company owns most of its fee mineral rights.

Anadarko Petroleum Corporation

Anadarko Petroleum Corporation achieved revenue of $9,000.00 million in 2010 but posted a loss of $-135.00 million.

Anadarko Petroleum Corporation's rank changes

The company's ranking in 2010 was a decline from 2009 when it was ranked 162nd on the Fortune 500. The Previous ranking was based on its 2009 revenue of $15,723 million (a change of -6 million compared to 2010) and profits of $3,261 million (a change of -138 million compared to 2010).

Another point of view

To many investors, profits are more important than revenue a company earns, If the Fortune 500 was ranked by profits instead of revenue then Anadarko Petroleum Corporation would be ranked 425th rather than 260th due to the fact it made a loss of $-135 million in 2010.

Anadarko Petroleum Corporation Revenue* Profit* Fortune Ranking

* US$ Million

USPages Latest Business News At A Glance Business Shortcuts