Buy Anadarko Over Its Competitors For Solid Long-Term Gains

By Mel Daris:Only days after Apache's (APA) announcement of a minor natural gas find off the shores of Kenya raised hopes for the underexplored region, Kenya's Energy Minister Kiraitu Murungi indicated that the deposit was n

By ValueMax:Chevron (CVX), the second largest U.S.-based super major, actively seeks exploration and production of oil and gas plays globally, including in the Gulf of Mexico, Kazakhstan, Angola, Nigeria, Canada, Saudi Arabia, Australia and, of course, the U.S.

Once virtually ignored by the global oil amp; gas industry, East Africa now faces the prospect of becoming a global natural gas hub following a string of recent natural gas discoveries. The star of this past year’s exploration campaign was doubtless Anadarko Petroleum Corporation (NYSE:APC), which made four discoveries off the coast of Mozambique, together estimated by some analysts to hold 6+ trillion cubic feet (tcf) of gas. Farther north, in Tanzania, oil amp; gas companies continue to add to the country’s natural gas resource base, which presently stands at 7.5 tcf.

By Qineqt:Anadarko Petroleum's (APC) strong growth prospects are reflected in its superior operating performance, in its discovery of natural gas reserves in Mozambique, it reaching new heights of sales volume and raising full year sales volume guidance by approximately 3,000,000 barrels of oil per day without raising any capital.

By Mel Daris:With great sales volumes and a total commitment to uncovering new energy riches, Anadarko Petroleum (APC) is a company I believe to be one to buy now and hold for a long time. The company is finding new plays in the exploration of both oil and natural gas and is making headway in the production of both.

By Cris Frangold: Anadarko Petroleum (APC) was able to recently announce a quarterly cash dividend of $0.09 per share, yet it is hard to say of it will go up or down based on the fact that the news for Anadarko is somewhat mixed, such that it alternates between a high and a low.

By Robert Maxwell: On Monday, 24th April, Royal Dutch Shell (RDS.A) made a formal bid for Anadarko's (APC) junior partner Cove Energy (CNVGF.PK) in the offshore Mozambique gas find.

AIM listed oil and gas group Cove Energy (LON:COV) has wrapped up a conditional £110m share placing priced at 76p per new share. Proceeds from the deal will be used to fund the company’s share of anticipated costs connected to its existing assets in Mozambique, Tanzania and Kenya and potential new opportunities. In particular, Cove said it was anticipating an increase in the pace of exploration and appraisal drilling and seismic activity in the Mozambique Rovuma Offshore Area 1, resulting from the recent Barquentine and Windjammer gas discoveries.