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Anadarko Profit Aided by One-Time Items

Stock quotes in this article: APC , XOM , ME , E , STO  

Anadarko Petroleum (APC Quote) reported fourth-quarter earnings of $824 million, or $1.79 a share, vs. $264 million, or 56 cents a share, a year ago.

But excluding one-time gains, Anadarko made $69 million, or 15 cents a share, below Wall Street forecasts. Analysts polled by Thomson Reuters expected 17 cents a share.

Fourth-quarter revenue rose 24% to $3.8 billion. ...

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