Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Anadarko Petroleum Cp -- Ignore unavailable to you. Want to Upgrade?

To: bruwin who wrote (119)	3/27/2008 6:00:24 PM
From: The Ox	Read Replies (1) \| Respond to of 129

Hi bruwin, I watch APC from afar these days but I'm glad you posted. I'll have to dig into them and see what I can find. Usually, when debt goes up like this, its because they have been buying new fields which won't come on line for a few years until fully developed. I know there was a lot of deals going on over the past few years and I've not looked into the details. I remember reading that the company was going to do a bit of resturcturing their portfolio. Remove some stuff that wasn't in their sweet spot and try to find future locations which would be more in line with their core efforts. Like SIGM, APC is in a watch/research portfolio that I haven't had the time to get to lately. Maybe this weekend I can get into both to see what I can find out about their current status? TO