Anadarko Petroleum Corp (NYSE:APC) Earnings Model
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Summary of Model Estimates: In my version of the Anadarko model I have adjusted the future sales price of oil and condensates downward to reflect the fact that Iraq and Iran have failed to agree with OPEC nations on output cuts. In addition, Saudi Arabia recently announced that they are considering not cutting output. With this backdrop, the probability for output cuts is likely lower than originally anticipated. I have updated my earnings model to reflect the price estimates from the CME Group’s price quotes for crude oil futures...click here to continue reading
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