June 02, 2026
A class of investors suing Oxy-acquired Anadarko Petroleum Corp. for allegedly lying to them about the value of the Shenandoah deepwater oil field project in the Gulf of Mexico told the court that the company's former banker would provide unreliable and legally improper expert testimony to jurors.
March 11, 2026
A Texas federal judge certified a class of potentially thousands of Anadarko Petroleum Corp. investors who claim the company misled them for years about the viability of the Shenandoah oil field in the Gulf of Mexico before abandoning the project in 2017 and sending the company's stock falling.
May 12, 2025
Anadarko Petroleum Corp. told a federal judge on Monday that he shouldn't recertify a proposed class of shareholders who claim they lost money on the company's bad oilfield bet, after the Fifth Circuit overruled his earlier certification last year.