OGJ Top 10 Independents No. 2: Anadarko Petroleum focusing on growth through the drillbit

10/22/2001
Anadarko Petroleum Corp., Houston, has drawn attention lately for its acquisitions of other companies, but Chairman and CEO Robert J. Allison Jr. emphasizes that Anadarko still remains focused on growing production through the drillbit."We haven't changed our stripes. We still grow by the drillbit, and that is our plan," Allison said, attributing his company's escalation in earnings per share from 1999 to 2000 to a comb i nation of increased production and higher commodity prices."Our production is up 10% [from] first quarter 2001 [to] second quarter 2001," Allison said. "We intend to increase production by double-digit percentage numbers for 3 years."Growth and profit indexesAlli...
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