3 Key Takeaways from Anadarko Petroleum's Q2 2017 Earnings
If negative press coverage could kill a company, Anadarko Petroleum (NYSE: APC) would be dead by now. The Colorado home explosion that was traced back to one of the oil and gas company's wells has lingered on the front pages as investigations are conducted and lawsuits are filed.
But in spite of that, Anadarko managed to mostly outperform its year-ago quarter. The company has been taking pages from the playbooks of peers like Apache Corporation (NYSE: APA) and ConocoPhillips (NYSE: COP), and streamlining its operations. It's also attempting to deal with the setbacks it's faced in Colorado. Still, though, Anadarko's results present a mixed picture. Here's what investors need to know.
Despite some smart moves to streamline its portfolio, Anadarko Petroleum can't seem to shake its trend of underperformance. Image source: Getty Images.
Source: Fool.com
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