Anadarko Petroleum (NYSE:APC) is about to release earnings results. Ponder this Bear case Scenario as you contemplate management comments.
Deepwater Horizon you remember the gas blow out in the Gulf of Mexico. Well these guys still have substantial litigation risk. Like toilet paper stuck to shoe it wont go away. Except for lots of cash.
Deepwater drilling continues to be high risk high reward and sometimes high risk big loss. the opportunity to blow your brains out exists.
Half of Gas revenue comes from domestic US market. This may or may not be good. Probably bad if you start to think about it.
George Gutowski writes from a caveat emptor perspective.