Anadarko Petroleum Earnings, Revenue beat in Q2

© Reuters. – Anadarko Petroleum (NYSE:) reported second quarter that beat analysts’ expectations on Friday and revenue that topped forecasts.

The firm reported earnings per share of $0.51 on revenue of $3.44B. Analysts polled by anticipated EPS of $0.5 on revenue of $3.16B. That compared to EPS of $0.54 on revenue of $3.29B in the same period a year earlier. The company had reported EPS of $0.53 on revenue of $3.22B in the previous quarter.

For the year, Anadarko Petroleum shares are up 67.93%, outperforming the which is up 22.16% year to date.

Anadarko Petroleum follows other major Energy sector earnings this month

On Thursday, Total ADR reported second quarter EPS of $1.05 on revenue of $45.2B, compared to forecasts of EPS of $1.12 on revenue of $47.15B.

Equinor ADR earnings missed analyst’s expectations on Thursday, with second quarter EPS of $0.34 on revenue of $17.1B. analysts expected EPS of $0.37 on revenue of $16.63B

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