Oil and gas producer Anadarko Petroleum Corp reported a smaller fourth-quarter loss than a year ago, when it recorded one-time charges totaling $ 954 million.
The net loss attributable to Anadarko narrowed to $ 515 million, or 94 cents per share, in the quarter ended Dec. 31, from $ 1.25 billion, or $ 2.45 per share, a year earlier.
The latest quarter included a charge of $ 243 million.
Anadarko’s revenue rose 16 percent to about $ 2.39 billion.
(Reporting by Komal Khettry in Bengaluru; Editing by Savio D’Souza)