"technical and logistic infrastructure which can be very profitable in the long term, if they worktogether. The Mozambican government had suggested Anadarko and ENI work together in orderto compete with Tanzania, which along with Kenya is one of the most important LNGdestinations. Mozambican government wants Anadarko to help the nation be the first EastAfrican nation to export LNG. Analysts at Simmons & Co reaffirmed that Anadarko will deliverLNG cargos by 2018 and everything is going as expected.Anadarko Exceeds ExpectationsEtienne Veber, an analyst had noted that Anadarko’s shares are in oversold condition and had putforward a bullish opinion, over $71. The analysis had suggested a target price of $76.6, and now,Anadarko has again outperformed itself as it trades at $78.27, an increase of 2.54% fromprevious close. Anadarko's price to sales ratio is 2.84 and its price to book ratio is 1.87, which suggests that it isdoing fairly well when compared to its own sales history and that of its competitors. In order tooffset deficits in expenditure, both Anadarko and ENI may sell some of their assets. This wasannounced by Anadarko CEO Al Walker on 21st December, 2012. With a profit margin ofalmost 14% and an operating margin of 9%, Anadarko is one of the most profitable energycompanies to invest in. It has an operating cash flow of $4 billion and a total cash of $2.5 billion,which again proves that the company has enough money to explore and drill in cooperation withENI.Competitors Focus on Natural Gas TooAnadarko's and ENI's competitors are looking at natural gas as a priority in 2013. Chevron(CVX) is buying a 50% stake in LNG projects in British Columbia, Canada. The Kitimat LNGfacility is expected to help Chevron export natural gas to Asian giants such as China, Korea andJapan. Apache (APA) on the other hand is busy promoting natural gas within the United States.The company has so far converted 400 field vehicles to operate on compressed natural gas, whileat the end of 2012, it had 20 CNG fueling stations across the United States. McDermott, the otherpartner of the Mozambican deal is a leading engineering and procurement company which seesgrowth in LNG sector as well. The company focuses on several offshore oil and gas projectsworldwide.ConclusionAnadarko took the right decision to collaborate with ENI at the behest of Mozambicangovernment. Not only will smaller players who are eyeing Mozambique can be avoided, but "