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Anadarko Petroleum Corporation (NYSE:APC) ~ Anadarko: As Bad as It Gets?

[at Barrons.com] – Last month, Anadarko (APC) got some bad news as it was found liable for as much as $14.2 billion resulting from its purchase of Kerr McGee–and caused the stock to . . . → Read More: Anadarko Petroleum Corporation (NYSE:APC) ~ Anadarko: As Bad as It Gets?

Anadarko Petroleum Corporation (NYSE:APC) [at Barrons.com] – Last month, Anadarko (APC) got some bad news as it was found liable for as much as $14.2 billion resulting from its purchase of Kerr McGee–and caused the stock to drop as much as 12% that day. Deustche Bank’s Stephen Richardson and team tell them not to worry. The immediate term outcomes look relatively balanced, with a key positive that the worst case outcome is now understood and risked by the market. The longer-term (12 month) … [visit site to read more]

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