Stock Analysis on Net
Stock Analysis on Net

Anadarko Petroleum Corp. (NYSE:APC)

This company has been moved to the archive! The financial data has not been updated since October 31, 2017.

Analysis of Property, Plant and Equipment

Microsoft Excel

Property, Plant and Equipment Disclosure

Anadarko Petroleum Corp., balance sheet: property, plant and equipment

US$ in millions

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Dec 31, 2016 Dec 31, 2015 Dec 31, 2014 Dec 31, 2013 Dec 31, 2012
Oil and gas exploration and production 57,581 59,389 63,674 61,302 55,095
Midstream 8,613 8,458 8,647 7,285 6,032
Marketing — — — 9 94
Other 2,819 2,836 2,786 2,648 2,377
Gross properties and equipment 69,013 70,683 75,107 71,244 63,598
Accumulated DD&A (36,845) (36,932) (33,518) (30,315) (25,200)
Net properties and equipment 32,168 33,751 41,589 40,929 38,398

Based on: 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31).

Item Description The company
Gross properties and equipment Amount before accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Anadarko Petroleum Corp. gross properties and equipment decreased from 2014 to 2015 and from 2015 to 2016.
Net properties and equipment Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Anadarko Petroleum Corp. net properties and equipment decreased from 2014 to 2015 and from 2015 to 2016.

Asset Age Ratios (Summary)

Anadarko Petroleum Corp., asset age ratios

Microsoft Excel
Dec 31, 2016 Dec 31, 2015 Dec 31, 2014 Dec 31, 2013 Dec 31, 2012
Average age ratio 53.39% 52.25% 44.63% 42.55% 39.62%

Based on: 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31).

Asset age ratio Description The company
Average age ratio As long as straight-line depreciation is used, this is an accurate estimate of asset age as a percentage of depreciable life. The relative age is a useful measure of whether the company fixed asset base is old or new. Newer assets are likely to be more efficient. Anadarko Petroleum Corp. average age ratio of depreciable property, plant and equipment deteriorated from 2014 to 2015 and from 2015 to 2016.

Average Age

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Dec 31, 2016 Dec 31, 2015 Dec 31, 2014 Dec 31, 2013 Dec 31, 2012
Selected Financial Data (US$ in millions)
Accumulated DD&A 36,845 36,932 33,518 30,315 25,200
Gross properties and equipment 69,013 70,683 75,107 71,244 63,598
Asset Age Ratio
Average age1 53.39% 52.25% 44.63% 42.55% 39.62%

Based on: 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31).

2016 Calculations

1 Average age = 100 × Accumulated DD&A ÷ Gross properties and equipment
= 100 × 36,845 ÷ 69,013 = 53.39%

Asset age ratio Description The company
Average age As long as straight-line depreciation is used, this is an accurate estimate of asset age as a percentage of depreciable life. The relative age is a useful measure of whether the company fixed asset base is old or new. Newer assets are likely to be more efficient. Anadarko Petroleum Corp. average age ratio of depreciable property, plant and equipment deteriorated from 2014 to 2015 and from 2015 to 2016.