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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
As of May 1, 1998
Commission File No. 1-8968
ANADARKO PETROLEUM CORPORATION
17001 Northchase Drive, Houston, Texas 77060-2141
(281) 875-1101
Incorporated in the Employer Identification
State of Delaware No. 76-0146568
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Item 5. Other Events
On April 30, 1998, Anadarko Petroleum Corporation announced that
the Board of Directors approved a two-for-one stock split. The
stock split will be effected by way of a 100 percent stock
dividend. The distribution date is July 1, 1998 to stockholders
of record on June 15, 1998.
In addition, the Board of Directors approved an increase in its
quarterly dividend to $0.10 per share (up from seven and one-half
cents per share). The dividend is payable on June 24, 1998 to
stockholders of record on June 10, 1998. Following the stock
split, the Company expects to pay quarterly dividends in the
amount of $0.05 per share of Common Stock. Anadarko has paid
common stock dividends every quarter since 1986. The amount of
future dividend payments will depend on the Company's earnings,
financial condition, capital requirements and other factors and
will be determined by the Board on a quarterly basis.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the Registrant has duly caused this report to be signed on
its behalf by the undersigned duly authorized officer and
principal financial officer.
ANADARKO PETROLEUM CORPORATION
(Registrant)
May 1, 1998 [MICHAEL E. ROSE]
Michael E. Rose - Senior Vice President,
Finance and Chief Financial Officer
