Anadarko Petroleum - M&A Summary, Ownership, and Business Overview

Oil/gas ExplorationCompany

Anadarko Petroleum M&A Summary

Anadarko Petroleum has acquired 11 companies of its own. A total of 1 acquisition came from private equity firms. It has also divested 10 assets.

Anadarko Petroleum’s largest acquisition to date was in 2006, when it acquired Kerr-McGee for $16.4B. It’s largest disclosed sale occurred in 2018, when it sold Western Gas Partners to Western Midstream Partners for $4.0B. Anadarko Petroleum has acquired in 3 different US states, and 2 countries. The Company’s most targeted sectors include oil/gas exploration (91%) and energy services and equipment (10%).

Anadarko Petroleum Ownership

Who owns Anadarko Petroleum?

Anadarko Petroleum is owned by Occidental Petroleum. It was acquired on April 24, 2019.

Anadarko Petroleum Business Overview

Where is Anadarko Petroleum headquartered?

Anadarko Petroleum is headquartered in The Woodlands, Texas.

What is Anadarko Petroleum’s revenue?

Anadarko Petroleum disclosed revenue of 12,906M USD for 2018 and 11,908M USD for 2017.

How many employees does Anadarko Petroleum have?

Anadarko Petroleum has 5,800 employees.

What sector is Anadarko Petroleum in?

Anadarko Petroleum is an oil/gas exploration company.

When was Anadarko Petroleum founded?

Anadarko Petroleum was founded in 1959.

M&A Summary

  • M&A Total Activity21
    • M&A Buy Activity11
    • M&A Sell Activity10
  • Total Sectors Invested 2
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 12
  • M&A Advisors 5

Anadarko Petroleum Corp.

1201 Lake Robbins Drive,
The Woodlands, Texas 77380
United States,
(832) 636-1000
www.anadarko.com

Anadarko Petroleum Corp. is an independent oil and natural gas exploration and production company. Anadarko Petroleum was formed in 1959 and is based in The Woodlands, Texas.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 11 - - - - - 11
vol $24.8B $24.8B
Sell (0.0/yr) # 10 - - - - - 10
vol $10.5B $10.5B
  21

Most Recent M&A

Company Date Value Type
Mozambique LNG 2019-09-30 - Stake Sale
Maputo, Mozambique · www.mzlng.com
Western Gas Partners LP 2018-11-08 4.0B USD Divestiture
The Woodlands, Texas · www.westerngas.com
Freeport-Mcmoran Gulf Of Mexico Assets 2016-09-12 2.0B USD Divestiture
, United States
Springfield Pipeline LLC 2016-02-24 750M USD Divestiture
Houston, Texas
Bear Head LNG Corp. 2014-08-27 11M USD Divestiture
Richmond County, Nova Scotia
Red Desert Complex 2012-01-17 483M USD Divestiture
, Wyoming
Wattenberg Processing Plant 2011-03-22 - Stake Purchase
, Colorado
The Lucius oil field 2009-01-01 - Stake Purchase
, United States
Anadarko Chaney Dell and Midkiff -Benedum Gas 2007-06-04 1.9B USD Divestiture
The Woodlands,, Texas
Anadarko Petroleum Corp. - Africa Assets 2007-05-21 350M USD Divestiture
, South Africa
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Oil/Gas Exploration 10 (91%) 24.6B (99%) 9 (90%) 10.5B (100%)
Energy Services and Equipment 1 (9%) 225M (1%) - -
Utilities - - 1 (10%) 11M (< 1%)
Total 11 $24.8B 10 $10.5B

By Geo

State/Country Buy Value Sell Value
United States 8 23.7B 7 10.1B
  Texas 4 16.9B 3 6.6B
  Colorado 2 4.8B - -
  Wyoming - - 1 483M
  Louisiana - - 1 1.6B
Canada 3 1.1B 1 11M
  Alberta 2 1.1B - -
  Nova Scotia 1 - 1 11M
Mozambique - - 1 -
South Africa - - 1 350M
Domestic 8 (73%) 23.7B (95%) 7 (70%) 10.1B (97%)
Cross-border 3 (27%) 1.1B (5%) 3 (30%) 361M (3%)
Total 11 $24.8B 10 $10.5B

Top M&A Advisors

Financial Deals
Barclays Investment Bank
1
Jefferies
1
Goldman Sachs
1
Legal Deals
Latham & Watkins
1
Vinson & Elkins
1

Deal Values

buy # Total
> $1B 4 $24.2B
$100M to $1B 3 $618M
TOTAL $24.8B
Largest Kerr-McGee Corp.
$16.4B (2006-08-10)
sell # Total
> $1B 4 $8.5B
$100M to $1B 4 $2.0B
< $100M 1 $11M
TOTAL $10.5B
Largest Western Gas Partners LP
$4.0B (2018-11-08)

M&A Connections

Deals
Acquired from
Investor(s)
9%
1 (9%)
Strategic(s)
27%
3 (27%)
Divested to
Strategic(s)
100%
10 (100%)

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