Anadarko Petroleum (NYSE:APC) reported a loss for its third quarter late yesterday, on charges taken related to the Deepwater Horizon disaster last year.
The company said its loss totaled $3.1 billion, or $6.12 per share, compared to a wider loss of $26 million, or $0.05 per share, in last year's third quarter.
Adjusted earnings of $0.66 per share were just shy of analyst expectations.
Earlier in the month, Anadarko said it has agreed to settle with BP (NYSE:BP), paying it $4 billion under the condition the companies release all claims against each other related to the Deepwater Horizon.
Anadarko had a 25% interest in BP's Macondo well, where there was an explosion aboard a Transocean (NYSE:RIG) rig in April of 2010, resulting in 11 deaths and a disastrous oil spill.
Transocean and Halliburton (NYSE:HAL), which provided services at the site, had not yet settled with BP, which has itself recorded charges of $40 billion related to the accident.
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