Insight

Anadarko settles Tronox liability

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Anadarko has announced a US$5.15 billion settlement relating to Kerr-McGee's Tronox bankruptcy case. The sum falls at the bottom of the range previously indicated by the court and Anadarko's market value jumped by over US$6 billion (almost 15%) on the news. 

Table of contents

  • Discount starting to unwind
  • Liability well within liquidity limits

Tables and charts

This report includes 4 images and tables including:

  • Anadarko settles Tronox liability: Image 1
  • Anadarko settles Tronox liability: Image 2
  • Net debt outlook scenarios
  • Benchmark: Gearing ratio (net debt / net debt + SE)