Anadarko’s Oil Find May Be A “Game Changer”

Last week, Texas-based independent oil and natural gas explorer Anadarko ( APC ) announced one of its largest oil discoveries in the Gulf of Mexico. Immediately following the press release, shares of the company, as well as the well’s co-owners ConocoPhillips ( COP ) and Marathon Oil Corp. ( MRO ), rallied, prompting many analysts to redraw their estimates for Anadarko. Many have noted that this discovery may very well be a “game changer” for the popular explorer [for more commodity news and analysis subscribe to our free newsletter ]. See the full story here → Related Posts: Commodity Stock Plays in the 2012 Dogs of the S&P Earnings Preview: Big Oil On Tap This Week 5 Of The Biggest Oil Finds In History Breaking Down the Cost of a Gallon of Gas A Deeper Look At America’s Commodity Industry