HOUSTON, April 26 /PRNewswire/ -- The Board of Directors of Anadarko
Petroleum Corporation (NYSE: APC) today declared quarterly dividends on two
classes of the company's stock.
A dividend of 5 cents per share was declared on the company's outstanding
common stock, payable on June 27, 2001, to stockholders of record at the close
of business on June 13, 2001.
A dividend of $13.65 per share (equivalent to $1.365 per Depositary
Share), was declared on the company's 5.46% Series B Cumulative Preferred
Stock, payable on June 30, 2001, to stockholders of record at the close of
business on June 15, 2001.
The amount of future dividends for Anadarko common stock will depend on
earnings, financial condition, capital requirements and other factors. The
Board of Directors will determine dividends on a quarterly basis.
Anadarko Petroleum Corporation
5.46% Series B
Common Stock Cumulative Preferred Stock
Record Date: June 13, 2001 June 15, 2001
Payment Date: June 27, 2001 June 30, 2001
Amount: 5 cents per share $13.65 per share
(equivalent to $1.365 per
Depositary Share)
Houston-based Anadarko Petroleum Corporation is the world's largest
independent E&P company, with proved reserves of more than 2 billion barrels
of oil equivalent. Domestically, it has operations in Texas, Louisiana, the
Mid-Continent and Rocky Mountain regions, Alaska and in the shallow and deep
waters of the Gulf of Mexico. For the full-year 2000, Anadarko was the most
active driller in North America. Internationally, it is active in Canada,
Algeria, Tunisia, West Africa, Venezuela, Georgia and the North Atlantic.
http://www.anadarko.com.
SOURCE Anadarko Petroleum Corporation
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Related links:
http://www.anadarko.com
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Company News On-Call:
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800-758-5804, ext. 038950
CONTACT:
media, Teresa Wong, 281-873-1203, or Lee
Warren, 281-874-3321, or investors, Paul Taylor, 281-874-3471, or
David Larson, 281-874-3265, all of Anadarko Petroleum Corporation
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