Anadarko Petroleum Corporation (APC)

[Timothy Smith]

Anadarko Petroleum has a bright future ahead of it in the Delaware Basin. Liquids weighted output and higher than expected production rates will make the play very economical, depending on what price Anadarko Petroleum can receive for its crude. There isn’t much Anadarko Petroleum can do to change sub-$70 WTI prices, but the completion of new pipelines will help remove the Permian’s pricing differential.

This article is following up on why Anadarko Petroleum is a good buy in light of its recent stock pullback due to lower oil prices. Anadarko Petroleum can’t control the price of oil, but it can develop high return plays that generate decent streams of cash flow which can be used to fund further shale development.

http://www.roselandoilandgas.com/web/anadarko-petroleum-wolfcamp-oil-growth/