Investing.com - Anadarko Petroleum (NYSE:APC) reported third quarter earnings that missed analyst's expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $0.82 on revenue of $3.7B. Analysts polled by Investing.com expected EPS of $0.83 on revenue of $3.3B. That compared to EPS of $-0.77 on revenue of $2.61B in the same period a year earlier. The company had reported EPS of $0.54 on revenue of $3.29B in the previous quarter.
For the year, Anadarko Petroleum shares are up 5.24%, outperforming the S&P 500 which is down 0.04% year to date.
Anadarko Petroleum follows other major Energy sector earnings this month
On Friday, Total ADR reported third quarter EPS of $1.47 on revenue of $48.4B, compared to forecasts of EPS of $1.41 on revenue of $48.86B.
BP (LON:BP) ADR earnings beat analyst's expectations on Tuesday, with third quarter EPS of $1.15 on revenue of $80.8B. Investing.com analysts expected EPS of $0.87 on revenue of $23.47B
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