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Actionable news in APC: ANADARKO PETROLEUM Corp,

Here Are Some Of The Challenges Anadarko Petroleum Faces

Anadarko Petroleum's stock bounced back in the past few days as oil prices rally.

It aims to further cut costs to partly offset low oil and gas prices.

Will the company's cash flow and debt burden become an issue in the near term?

Analysts continue to favor oil and gas producer Anadarko Petroleum (NYSE:APC) as its average target price is estimated at $89 - nearly 30% above its current price - and a buy rating. The recent rise in oil prices provided a tailwind for this oil and gas producer's stock over the past several days. Anadarko is aiming to reduce its cost structure to adjust to the current soft oil and natural gas market. In the past quarter, the company surprised the market with $0.01 earnings per share compared with an expected loss of $0.51 per share. Will the company do better in Q3? The market consensus expects a net loss of $0.6 per share. Here are some of the issues the company faces in these times of low oil and natural gas prices.

Cutting Costs

Due to the low oil and gas prices, Anadarko Petroleum - much like many other U.S. oil producers - has been aiming to reduce its expenses. Besides the annual capital spending - which is expected...