Anadarko expects Permian service costs to jump in 2018 [Reuters]
ANADARKO PETROLEUM (APC)
Last anadarko petroleum earnings: 7/26 04:10 pm
Check Earnings Report
US:NYSE Investor Relations:
investors.anadarko.com
Company Research
Source: Reuters
Anadarko expects Permian service costs to jump in 2018 | Reuters Reuters Staff 1 Min Read NEW ORLEANS (Reuters) - U.S. shale oil producer Anadarko Petroleum Corp expects double-digit increases in service costs this year for its operations in the Permian Basin, the largest U.S. oilfield, its chief executive said on Tuesday. The company, which operates in the Delaware portion of the Permian, projects that service costs will rise 10 to 15 percent there for the year, CEO Al Walker said at the Scotia Howard Weil energy conference in New Orleans. “We’re just going to see some natural creep in service costs that will just have to work its way into the system,” Walker said. “If oil prices rise higher, that will increase the pressure on prices.” Anadarko rival EOG Resources Inc said on Tuesday it expects Permian service costs to actually dip this year, though EOG sources many fracking supplies itself, helping to defray costs. Reporting by Ernest Scheyder; Editing by Chizu Nomiyama All quotes
Show less
Read more
Impact Snapshot
Event Time:
APC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
APC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
APC alerts
High impacting ANADARKO PETROLEUM news events
Weekly update
A roundup of the hottest topics