Investing.com - Anadarko Petroleum (NYSE:APC) reported fourth quarter earnings that missed analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $0.38 on revenue of $3.35B. Analysts polled by Investing.com anticipated EPS of $0.61 on revenue of $3.32B. That compared to EPS of $0.18 on revenue of $3.04B in the same period a year earlier. The company had reported EPS of $0.82 on revenue of $3.7B in the previous quarter.
Anadarko Petroleum shares lost 2.20% to trade at $48.00 in after-hours trade following the report.
For the year, Anadarko Petroleum shares are up 11.95%, outperforming the S&P 500 which is up 10.53% year to date.
Anadarko Petroleum follows other major Energy sector earnings this month
On Friday, Exxon Mobil reported fourth quarter EPS of $1.29 on revenue of $71.9B, compared to forecasts of EPS of $1.08 on revenue of $72.53B.
BP ADR earnings beat analyst's expectations on Tuesday, with fourth quarter EPS of $1.04 on revenue of $76.89B. Investing.com analysts expected EPS of $0.84 on revenue of $62.95B
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