"If the company were to grow its cash flow from operations from 2Q17 by 10% in each of the subsequent quarters, then it might still face a cash flow deficit of $207 million in 3Q17 and $85 million in 4Q17, as per my rough estimates. In this case, for the full fiscal year, Anadarko Petroleum may face a cash flow deficit of $340 million, or more than $450 million if we also include the dividend payment. If cash flow from operations remains constant in the subsequent quarters (3Q17 & 4Q17), then we might see a deficit of around $718 million. If cash flows drop by 10%, then the shortfall might clock in at around $960 million. This could put a strain on the company's finances.
Therefore, if oil prices stay weak, then Anadarko Petroleum may have to do more than just cutting the capex by $300 million."
seekingalpha.com