“Independent oil and gas company Anadarko Petroleum is burdened with a debt load that exceeds that of most competitors.
The company's debt-equity ratio in the most recent quarter stands at 120.01, indicating that the company is primarily financing operations with borrowed money. That is disturbingly high, compared with the debt-equity ratio of 76.8 for the independent oil and gas sector.
As oil prices resume their downward course, Anadarko Petroleum isn't generating significant revenue. On July 26, Anadarko reported a second-quarter loss of $692 million or $1.36 a share.”
www.thestreet.com
The writing is on the wall folks. So more layoffs are imminent.