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  • Anadarko's Dark Clouds Dampen Sunny Outlook [View article]
    Thanks for the comment Kikashi, more than happy to explain.

    This payment will be an expense that shows up in the income statement that will reduce overall income. Since this is a pre-tax expense, and assuming a tax rate of 40%, APC is effectively paying 600 million per every billion dollars of legal settlement. The ratio of 600 to 500 yields the 1.20 per share hurt.

    Best Regards,
    BCR
    Apr 9, 2013. 07:22 AM | Likes Like |Link to Comment
  • Anadarko's Dark Clouds Dampen Sunny Outlook [View article]
    Lorvic1,

    Thanks for the comment! We are sorry to hear you say that this article has a negative tone. The intent was to say the stock has appreciated in value but the market has not realized it due to the widely publicized negatives.

    Best Regards,
    BCR
    Apr 2, 2013. 10:49 PM | Likes Like |Link to Comment
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