Anadarko Petroleum (NASDAQ:APC – Get Free Report) announced its quarterly earnings results on Thursday. The oil and gas development company reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.36 by ($0.10), FiscalAI reports. The firm had revenue of $1.84 billion during the quarter. Anadarko Petroleum’s revenue was up 27.4% on a year-over-year basis.
Here are the key takeaways from Anadarko Petroleum’s conference call:
- USPP acquisition expected later this year will add approximately 280 million annual wholesale gallons, more than 400 locations, two fuel terminals, and transportation assets. Management expects the transaction to contribute about $30 million of annual adjusted EBITDA and generate additional synergies beginning in 2027.
- Second-quarter net income increased to $12.2 million from $10.0 million, while adjusted EBITDA rose 4% to $39.8 million and Discretionary Cash Flow grew 12% to $27.1 million.
- Wholesale fuel contribution rose 3.7% despite a 4.6% decline in gallons, supported by higher blended margins, while fleet-fueling contribution declined modestly because margins normalized and inventory costs temporarily compressed profitability.
- APC maintained its 2026 outlook for approximately $156 million of adjusted EBITDA and $110 million of Discretionary Cash Flow, declared its quarterly $0.50-per-share dividend, and reported substantial liquidity with leverage of 2.2x before the acquisition.
Anadarko Petroleum Stock Performance
Shares of NASDAQ APC opened at $19.81 on Friday. The company has a quick ratio of 0.92, a current ratio of 1.05 and a debt-to-equity ratio of 1.13. The firm’s 50-day moving average price is $19.59 and its 200-day moving average price is $26.35. Anadarko Petroleum has a 52-week low of $17.00 and a 52-week high of $21.72. The company has a market cap of $249.01 million and a PE ratio of 46.07.
Wall Street Analyst Weigh In
Check Out Our Latest Analysis on APC
Anadarko Petroleum Company Profile
Anadarko Petroleum Corporation engages in the exploration, development, production, and marketing of oil and gas properties. It operates through three segments: Exploration and Production, WES Midstream, and Other Midstream. The company explores for and produces oil, natural gas, and natural gas liquids (NGLs). It is also involved in gathering, processing, treating, and transporting oil, natural-gas, and NGLs production, as well as the gathering and disposal of produced water. The company's oil and natural gas properties are located in the United States onshore and deepwater Gulf of Mexico; and Algeria, Ghana, Mozambique, Colombia, Peru, and other countries.
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