SN - Anadarko's Q4 Profit Reason For Cautious Optimism For Shale Industry
While it remains to be seen how the shale industry overall will fare once fourth quarter results will be in for most major producers, Anadarko's (APC) results are somewhat encouraging, given that it actually managed to carve out a small net profit. The fact that Anadarko managed to do so suggests that others will as well, meaning that at least some of the stronger producers, sitting on a superior acreage portfolio will manage within the current oil price environment. This may be very important going forward, not only because oil prices are currently