Buy Low, Sell High: Anadarko Is Cheap At $68

By Michael Fitzsimmons:ConocoPhillips (COP) announced a significant oil discovery yesterday. The discovery, from the recently drilled WR51-2 Shenandoah appraisal well in the deepwater Gulf of Mexico, encountered more than 1,000 feet of net pay in high-quality Lower Tertiary-aged reservoirs.

By ValueMax:Companies involved in fossil fuel exploration and production constantly have to face the uncertainties of global macro-economic factors, supply and speculation that impact sale prices. Political uncertainties, refining capacity and concerns over the environmental impact of development and production complete the list of factors working against companies in the oil and gas markets.

By Mel Daris:Anadarko Petroleum Corporation (APC) is one of the world's largest independent oil and gas production and exploration companies with 2.3 billion barrels of proven reserves. In this article, I will illustrate how Anadarko has faired against the competition in the same sector, and where Anadarko is headed.

Trefis submits: Anadarko (APC) is among the largest independent oil and gas exploration and production companies in the world and competes with other major oil companies like ExxonMobil (XOM), BP (BP), Chesapeake (CHK)

Several articles caught my attention: first, the impact on the Gulf from the largest oil spill in US history, in particular on coral [0], and second, the attempts to get approval to drill off Alaska's coast [1]. From the second, Shell Presses for Drilling in Arctic : Shell is pressing the Interior Department to grant

By Kate Sheppard President Obama faced tough questions from the media Thursday about the administration's response to the gulf disaster. But more significant in the long term is how the gulf oil spill is shaping his approach to energy. Obama and his administration continue to struggle with balancing a defense of domestic drilling policy and the likelihood that the consequences of accidents don't outweigh the benefits.