Anadarko Petroleum Higher Margins and Volumes But Miss on Earnings

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ThePitBoss
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Anadarko updated 2018 capital spending guidance of $4.5-$4.8 billion, up from a prior guidance range of $4.2-$4.6 billion. During the first half of 2018, $APC spend $3.2 billion and currently expecting third quarter spending of $1.1-$1.3 billion.