Anadarko Reports Loss

Wednesday, August 05, 2009

According to an August 3 report from Bloomberg News, Anadarko Petroleum Corp., the second-largest producer of natural gas in the U.S., reported a quarterly loss of $226m after energy prices plunged. The second-quarter net loss was 48 cents a share, compared with net income of $23m, or 5 cents, a year earlier.

(Source: Bloomberg News)

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