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

Several analysts have recently updated their ratings and price targets for Anadarko Petroleum Corporation (NYSE: APC):

  • 8/4/2017 – Anadarko Petroleum Corporation was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating.
  • 7/27/2017 – Anadarko Petroleum Corporation was upgraded by analysts at UBS AG from a “neutral” rating to an “overweight” rating.
  • 7/27/2017 – Anadarko Petroleum Corporation was upgraded by analysts at Mitsubishi UFJ Financial Group from a “neutral” rating to a “buy” rating. They now have a $66.00 price target on the stock.
  • 7/27/2017 – Anadarko Petroleum Corporation was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 7/26/2017 – Anadarko Petroleum Corporation had its “overweight” rating reaffirmed by analysts at Capital One Financial Corporation.
  • 7/25/2017 – Anadarko Petroleum Corporation had its “buy” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $78.00 price target on the stock, down previously from $80.00.
  • 7/25/2017 – Anadarko Petroleum Corporation had its price target lowered by analysts at Bank of America Corporation from $81.00 to $80.00. They now have a “buy” rating on the stock.
  • 7/22/2017 – Anadarko Petroleum Corporation had its “market perform” rating reaffirmed by analysts at Wells Fargo & Company. They now have a $48.00 price target on the stock, down previously from $55.00.
  • 7/21/2017 – Anadarko Petroleum Corporation had its price target lowered by analysts at Citigroup Inc. from $85.00 to $60.00. They now have a “buy” rating on the stock.
  • 7/20/2017 – Anadarko Petroleum Corporation had its “buy” rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $62.00 price target on the stock.
  • 7/19/2017 – Anadarko Petroleum Corporation was given a new $60.00 price target on by analysts at Cowen and Company. They now have a “buy” rating on the stock.
  • 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 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.
  • 6/29/2017 – 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.
  • 6/22/2017 – 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 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.
  • 6/14/2017 – Anadarko Petroleum Corporation was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating.

Anadarko Petroleum Corporation (NYSE APC) traded down 0.91% on Thursday, reaching $43.70. 4,174,255 shares of the company’s stock were exchanged. The company’s market cap is $24.49 billion. Anadarko Petroleum Corporation has a 52 week low of $42.58 and a 52 week high of $73.33. The stock’s 50 day moving average is $44.69 and its 200 day moving average is $55.78.

Anadarko Petroleum Corporation (NYSE:APC) last released its quarterly earnings results on Monday, July 24th. The oil and gas development company reported ($0.77) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.35) by $0.42. The firm had revenue of $2.72 billion for the quarter, compared to the consensus estimate of $2.50 billion. Anadarko Petroleum Corporation had a negative return on equity of 9.71% and a negative net margin of 19.31%. The business’s revenue for the quarter was up 41.8% on a year-over-year basis. During the same quarter last year, the firm posted ($0.60) earnings per share. On average, equities analysts anticipate that Anadarko Petroleum Corporation will post ($2.11) earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 27th. Stockholders of record on Wednesday, September 13th will be issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 0.46%. The ex-dividend date of this dividend is Tuesday, September 12th. Anadarko Petroleum Corporation’s dividend payout ratio (DPR) is currently -5.14%.

In related news, Chairman R A. Walker acquired 19,300 shares of the business’s stock in a transaction that occurred on Wednesday, May 17th. The shares were bought at an average cost of $51.82 per share, with a total value of $1,000,126.00. Following the completion of the purchase, the chairman now directly owns 176,718 shares in the company, valued at $9,157,526.76. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Anthony R. Chase acquired 1,905 shares of the business’s stock in a transaction that occurred on Thursday, May 18th. The stock was bought at an average cost of $52.48 per share, for a total transaction of $99,974.40. Following the completion of the purchase, the director now owns 23,636 shares of the company’s stock, valued at $1,240,417.28. The disclosure for this purchase can be found here. Over the last 90 days, insiders have bought 41,205 shares of company stock worth $2,136,700. Company insiders own 0.45% of the company’s stock.

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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