Anadarko Petroleum’s key strategies
In this part, we’ll discuss Anadarko Petroleum’s (APC) focus areas, cash-generation areas, and future value areas. As we saw in the previous part, Anadarko will focus on its US onshore and Gulf of Mexico operations in 2017.
The company believes that its improving cash flow and cash position put it in an “advantageous position,” aiding growth in the DJ (Denver-Julesburg) and Delaware basins and the deepwater portion of the Gulf of Mexico.
Key players in the DJ Basin include Noble Energy (NBL) and PDC Energy (PDCE). Delaware Basin players include Cimarex Energy (XEC) and EP Energy (EPE). Next, we’ll take a look at Anadarko’s historical valuation.