Replies to post #329 on Anadarko Petroleum Corporation (APC)

[wz9ytp]

Capex cut by $300m. Out today after market close..

Gonna cut rigs by half.

http://investors.anadarko.com/2017-07-24-Anadarko-Announces-Second-Quarter-2017-Results

[benfrankledger]

A look at the company's balance sheet reveals that it has done a decent job of managing the shortfall.

The company's debt levels have actually declined, even though it faced a cash flow shortfall which often times fuels an increase in debt.