Analysts’ Weekly Ratings Updates for Anadarko Petroleum Corporation (APC)

A number of research firms have changed their ratings and price targets for Anadarko Petroleum Corporation (NYSE: APC):

  • 7/14/2017 – Anadarko Petroleum Corporation had its price target raised by analysts at BMO Capital Markets from $50.00 to $53.00. They now have a “market perform” rating on the stock.
  • 7/11/2017 – Anadarko Petroleum Corporation was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “The drop in the company’s share price was wider than the broader industry's loss in the last six months. The modifications in laws and regulations, and competition from major integrated oil companies pose risks to the stock. Anadarko Petroleum’s premium shale properties, which include the Delaware and Denver-Julesburg basins, and the Deepwater Gulf of Mexico, are expected to be the primary production drivers. To focus on high-return assets and achieve capital efficiency, Anadarko Petroleum has been systematically selling its non-core properties.”
  • 7/7/2017 – Anadarko Petroleum Corporation had its “outperform” rating reaffirmed by analysts at Sanford C. Bernstein.
  • 7/4/2017 – Anadarko Petroleum Corporation was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating.
  • 6/30/2017 – Anadarko Petroleum Corporation had its “buy” rating reaffirmed by analysts at Scotiabank. They now have a $66.00 price target on the stock.
  • 6/29/2017 – Anadarko Petroleum Corporation is now covered by analysts at Susquehanna Bancshares Inc. They set a “positive” rating and a $60.00 price target on the stock.
  • 6/29/2017 – Anadarko Petroleum Corporation is now covered by analysts at Citigroup Inc.. They set a “positive” rating and a $60.00 price target on the stock. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • 6/22/2017 – Anadarko Petroleum Corporation was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 6/17/2017 – Anadarko Petroleum Corporation was given a new $78.00 price target on by analysts at Royal Bank Of Canada. They now have a “buy” rating on the stock.
  • 6/14/2017 – Anadarko Petroleum Corporation was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating.
  • 6/14/2017 – Anadarko Petroleum Corporation was downgraded by analysts at Barclays PLC from an “equal weight” rating to an “underweight” rating. They now have a $42.00 price target on the stock, down previously from $52.00.
  • 6/6/2017 – Anadarko Petroleum Corporation was given a new $62.00 price target on by analysts at Jefferies Group LLC. They now have a “buy” rating on the stock.
  • 5/26/2017 – Anadarko Petroleum Corporation had its “buy” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $79.00 price target on the stock.
  • 5/19/2017 – Anadarko Petroleum Corporation had its “buy” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $80.00 price target on the stock, down previously from $81.00.

Anadarko Petroleum Corporation (APC) traded up 1.10% on Monday, reaching $45.22. 4,900,159 shares of the company traded hands. The firm has a 50 day moving average price of $49.05 and a 200 day moving average price of $60.97. The stock’s market capitalization is $25.34 billion. Anadarko Petroleum Corporation has a 52-week low of $42.58 and a 52-week high of $73.33.

Anadarko Petroleum Corporation (NYSE:APC) last announced its quarterly earnings results on Tuesday, May 2nd. The oil and gas development company reported ($0.60) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.26) by $0.34. The firm had revenue of $3.77 billion during the quarter, compared to the consensus estimate of $2.64 billion. Anadarko Petroleum Corporation had a negative net margin of 23.64% and a negative return on equity of 8.94%. Equities research analysts predict that Anadarko Petroleum Corporation will post ($1.10) EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 28th. Investors of record on Wednesday, June 14th were paid a $0.05 dividend. The ex-dividend date of this dividend was Monday, June 12th. This represents a $0.20 annualized dividend and a dividend yield of 0.44%. Anadarko Petroleum Corporation’s payout ratio is -4.45%.

In related news, Director Anthony R. Chase bought 1,905 shares of Anadarko Petroleum Corporation stock in a transaction that occurred on Thursday, May 18th. The stock was purchased at an average cost of $52.48 per share, for a total transaction of $99,974.40. Following the acquisition, the director now owns 23,636 shares in the company, valued at $1,240,417.28. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Peter J. Fluor bought 20,000 shares of Anadarko Petroleum Corporation stock in a transaction that occurred on Wednesday, May 17th. The stock was bought at an average price of $51.83 per share, with a total value of $1,036,600.00. Following the completion of the acquisition, the director now owns 146,750 shares in the company, valued at approximately $7,606,052.50. The disclosure for this purchase can be found here. In the last three months, insiders purchased 41,205 shares of company stock valued at $2,136,700. 0.45% of the stock is currently owned by company insiders.

Anadarko Petroleum Corporation (Anadarko) is an independent exploration and production company. The Company is engaged in developing, acquiring, and exploring for oil and natural-gas resources. The Company’s segments include Oil and Gas Exploration and Production; Midstream, and Marketing. The Company’s geographical segments include the United States and International.

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