Anadarko Petroleum
Is an oil and natural gas exploration and production company that provides energy to fuel modern life.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
* | $38.0b Valuation: $38.0b 2.9x EV/Revenue 4.6x EV/EBITDA | Acquisition | |
| Total Funding | 000k | ||
| USD | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 19 % | - | - | - | - |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 36 % | 57 % | - | - | - | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (4 %) | 5 % | - | - | - | - |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Anadarko Petroleum Corporation was founded in 1959 as a subsidiary of Panhandle Eastern Corporation. The company was established to explore and develop oil and natural gas resources, primarily in the Anadarko Basin in Texas and Oklahoma.
Anadarko quickly grew to become one of the largest independent oil and gas exploration and production companies in the world. The company expanded its operations globally, with significant projects in the Gulf of Mexico, Algeria, Ghana, Mozambique, and other regions.
A significant milestone in Anadarko's history was its initial public offering (IPO) in 1986, which allowed it to raise capital to fund further exploration and development activities. Over the years, Anadarko continued to grow through strategic acquisitions and partnerships, enhancing its portfolio and capabilities.
In 2019, Anadarko became the center of a major acquisition when Occidental Petroleum Corporation acquired it for $38 billion. This acquisition was one of the largest in the oil and gas industry and marked a new chapter for Anadarko, as it integrated into Occidental's operations.
Throughout its history, Anadarko was known for its innovative approaches to exploration and production, as well as its commitment to safety and environmental stewardship. The company's journey from a regional player to a global powerhouse is a testament to its strategic vision and operational excellence.
