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Tronox Troubles Drag Down Anadarko in 2013, but Major Projects Set to Come Online in 2014


Industry Segment: Production | Word Count: 707 Words

SUGAR LAND--February 5, 2013--Researched by Industrial Info Resources (Sugar Land, Texas)--U.S. oil and gas exploration and production company Anadarko Petroleum Corporation (NYSE:APC) (The Woodlands, Texas) reported a steep drop in results for fourth-quarter and full-year 2013, as higher operational, transportation and exploration expenses, as well as losses related to the troubled spinoff of Tronox Incorporated, offset record sales volumes from major horizontal growth plays. Industrial Info is tracking more than $23 billion in active projects involving Anadarko.

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