Anadarko Shares Volatile As Traders Deal with Report of $1B Stake Sale, Worse-Than-Expected Q3 Profit

Anadarko Petroleum Corp (NYSE: APC ) might sell its $1 billion stake in a Chinese oil and gas project and bring the money home, a Reuters report from late Sunday suggested. The story indicated Anadarko is looking into the sale of its 35 percent interest in oil and gas