About Anadarko Petroleum Corporation (NYSE:APC)
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. The Oil and Gas Exploration and Production segment explores for and produces oil, condensate, natural gas and natural gas liquids (NGLs), and focuses on the development and operation of the Company's liquefied natural gas (LNG) project in Mozambique. The Midstream segment engages in gathering, processing, treating and transporting Anadarko and third-party oil, natural-gas and NGLs production. The Marketing segment sells Anadarko's oil, natural-gas and NGLs production, as well as third-party purchased volumes. As of December 31, 2016, the Company had approximately 1.7 billion barrels of oil equivalent (BOE).
Industry, Sector and Symbol:
- Sector: Oils/Energy
- Industry: Oil & Gas Exploration and Production
- Sub-Industry: Oil & Gas Exploration & Production
- Symbol: NYSE:APC
- CUSIP: 03251110
- Web: www.anadarko.com
- Market Cap: $27.27105 billion
- Outstanding Shares: 560,358,000
- 50 Day Moving Avg: $46.53
- 200 Day Moving Avg: $48.49
- 52 Week Range: $39.96 - $73.33
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -70.01
- P/E Growth: -2.22
- Annual Revenue: $10.15 billion
- Price / Sales: 2.71
- Book Value: $20.76 per share
- Price / Book: 2.36
- Annual Dividend: $0.20
- Dividend Yield: 0.4%
- EBITDA: $3.72 billion
- Net Margins: -19.31%
- Return on Equity: -9.71%
- Return on Assets: -3.30%
- Debt-to-Equity Ratio: 1.05%
- Current Ratio: 2.53%
- Quick Ratio: 2.53%
- Average Volume: 5.02 million shs.
- Beta: 1.38
- Short Ratio: 1.42
Frequently Asked Questions for Anadarko Petroleum Corporation (NYSE:APC)
What is Anadarko Petroleum Corporation's stock symbol?
Anadarko Petroleum Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "APC."
How often does Anadarko Petroleum Corporation pay dividends? What is the dividend yield for Anadarko Petroleum Corporation?
Anadarko Petroleum Corporation announced a quarterly dividend on Wednesday, August 2nd. Stockholders of record on Wednesday, September 13th will be paid a dividend of $0.05 per share on Wednesday, September 27th. This represents a $0.20 annualized dividend and a dividend yield of 0.41%. The ex-dividend date is Tuesday, September 12th. View Anadarko Petroleum Corporation's Dividend History.
How will Anadarko Petroleum Corporation's stock buyback program work?
Anadarko Petroleum Corporation declared that its Board of Directors has approved a stock buyback program on Thursday, September 21st 2017, which permits the company to repurchase $2,500,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 10% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's board believes its stock is undervalued.
How were Anadarko Petroleum Corporation's earnings last quarter?
Anadarko Petroleum Corporation (NYSE:APC) posted its earnings results on Monday, July, 24th. The company reported ($0.77) earnings per share for the quarter, missing analysts' consensus estimates of ($0.35) by $0.42. The business had revenue of $2.72 billion for the quarter, compared to the consensus estimate of $2.50 billion. Anadarko Petroleum Corporation had a negative net margin of 19.31% and a negative return on equity of 9.71%. The firm's quarterly revenue was up 41.8% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.60) earnings per share. View Anadarko Petroleum Corporation's Earnings History.
When will Anadarko Petroleum Corporation make its next earnings announcement?
Where is Anadarko Petroleum Corporation's stock going? Where will Anadarko Petroleum Corporation's stock price be in 2017?
26 brokers have issued 1-year target prices for Anadarko Petroleum Corporation's stock. Their predictions range from $37.00 to $86.00. On average, they expect Anadarko Petroleum Corporation's share price to reach $66.24 in the next year. View Analyst Ratings for Anadarko Petroleum Corporation.
What are analysts saying about Anadarko Petroleum Corporation stock?
Here are some recent quotes from research analysts about Anadarko Petroleum Corporation stock:
- 1. According to Zacks Investment Research, "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." (7/11/2017)
- 2. Instinet analysts commented, "Given that the 2017 guide is marginally below published consensus on oil/production, and above on headline capex, we suspect the stock will open relatively weak." (3/8/2017)
- 3. KLR Group analysts commented, "Our composite weighted average cost-of-capital values the midstream business at ~11x next year's cash generation (Western Gas Equity Partners (WGP, $44.87, NR)/Western Gas Partners (WES, $61.38, NR) valuation) and the mineral royalties at ~20x cash generation. Anadarko's mid-cycle capital yield of ~150% is modestly above the industry median cash recycle ratio of ~140%." (2/1/2017)
Who are some of Anadarko Petroleum Corporation's key competitors?
Some companies that are related to Anadarko Petroleum Corporation include Occidental Petroleum Corporation (OXY), Canadian Natural Resources Limited (CNQ), Williams Partners LP (WPZ), Pioneer Natural Resources Company (PXD), Concho Resources (CXO), Devon Energy Corporation (DVN), Apache Corporation (APA), Continental Resources (CLR), Noble Energy (NBL), Cabot Oil & Gas Corporation (COG), Marathon Oil Corporation (MRO), Encana Corporation (ECA), Cimarex Energy Co (XEC), EQT Corporation (EQT), Diamondback Energy (FANG), Parsley Energy (PE), EQT GP Holdings, LP (EQGP) and Rice Energy (RICE).
Who are Anadarko Petroleum Corporation's key executives?
Anadarko Petroleum Corporation's management team includes the folowing people:
- R. A. Walker, Chairman of the Board, President, Chief Executive Officer
- Robert G. Gwin, Chief Financial Officer, Executive Vice President - Finance
- Robert K. Reeves, Executive Vice President, Law and Chief Administrative Officer
- Darrell E. Hollek, Executive Vice President - Operations
- Mitchell W. Ingram, Executive Vice President - Global LNG
- Ernest A. Leyendecker, Executive Vice President - International and Deepwater Exploration
- Christopher O. Champion CPA, Chief Accounting Officer, Vice President, Controller
- John R. Gordon, Lead Independent Director
- Anthony R. Chase, Independent Director
- David E. Constable, Independent Director
Who owns Anadarko Petroleum Corporation stock?
Anadarko Petroleum Corporation's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include APG Asset Management N.V. (0.14%), Assenagon Asset Management S.A. (0.10%), State Treasurer State of Michigan (0.03%), Mutual of America Capital Management LLC (0.02%), Locust Wood Capital Advisers LLC (0.01%) and Viking Fund Management LLC (0.01%). Company insiders that own Anadarko Petroleum Corporation stock include Anthony R Chase, Peter J Fluor and R A Walker. View Institutional Ownership Trends for Anadarko Petroleum Corporation.
Who sold Anadarko Petroleum Corporation stock? Who is selling Anadarko Petroleum Corporation stock?
Anadarko Petroleum Corporation's stock was sold by a variety of institutional investors in the last quarter, including Shikiar Asset Management Inc., Oakbrook Investments LLC, Bridges Investment Counsel Inc., State Treasurer State of Michigan, Robeco Institutional Asset Management B.V., Merriman Wealth Management LLC, Winslow Evans & Crocker Inc. and Exane Derivatives. View Insider Buying and Selling for Anadarko Petroleum Corporation.
Who bought Anadarko Petroleum Corporation stock? Who is buying Anadarko Petroleum Corporation stock?
Anadarko Petroleum Corporation's stock was acquired by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Assenagon Asset Management S.A., Locust Wood Capital Advisers LLC, Viking Fund Management LLC, Deane Retirement Strategies Inc., Mutual of America Capital Management LLC, Pier 88 Investment Partners LLC and Quotient Investors LLC. Company insiders that have bought Anadarko Petroleum Corporation stock in the last two years include Anthony R Chase, Peter J Fluor and R A Walker. View Insider Buying and Selling for Anadarko Petroleum Corporation.
How do I buy Anadarko Petroleum Corporation stock?
Shares of Anadarko Petroleum Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Anadarko Petroleum Corporation's stock price today?
MarketBeat Community Rating for Anadarko Petroleum Corporation (NYSE APC)MarketBeat's community ratings are surveys of what our community members think about Anadarko Petroleum Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Anadarko Petroleum Corporation stock can currently be purchased for approximately $49.01.
Consensus Ratings for Anadarko Petroleum Corporation (NYSE:APC) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Sell Rating, 7 Hold Ratings, 18 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.65)|
|Consensus Price Target: ||$66.24 (35.15% upside)|Consensus Price Target History for Anadarko Petroleum Corporation (NYSE:APC)
Analysts' Ratings History for Anadarko Petroleum Corporation (NYSE:APC)
(Data available from 10/21/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/18/2017||Morgan Stanley||Set Price Target||Hold||$52.00 -> $55.00||N/A|
|10/16/2017||Cowen and Company||Set Price Target||Buy||$60.00||N/A|
|10/16/2017||Wolfe Research||Downgrade||Outperform -> Market Perform||N/A|
|10/13/2017||Citigroup Inc.||Lower Price Target||Buy||$60.00 -> $58.00||N/A|
|10/11/2017||Barclays PLC||Boost Price Target||Underweight||$35.00 -> $37.00||N/A|
|10/10/2017||BMO Capital Markets||Set Price Target||Hold||$50.00||N/A|
|10/10/2017||Jefferies Group LLC||Reiterated Rating||Buy||$57.00||N/A|
|10/5/2017||Stifel Nicolaus||Set Price Target||Buy||$73.00||N/A|
|10/6/2017||Atlantic Securities||Upgrade||Neutral -> Overweight||$49.05 -> $62.00||N/A|
|9/29/2017||Royal Bank Of Canada||Reiterated Rating||Buy||$62.00||Low|
|9/21/2017||Mitsubishi UFJ Financial Group||Reiterated Rating||Buy||$66.00||Low|
|7/26/2017||Capital One Financial Corporation||Reiterated Rating||Overweight||High|
|7/25/2017||Bank of America Corporation||Lower Price Target||Buy||$81.00 -> $80.00||Medium|
|7/22/2017||Wells Fargo & Company||Reiterated Rating||Market Perform||$55.00 -> $48.00||Low|
|7/7/2017||Sanford C. Bernstein||Reiterated Rating||Outperform||Low|
|6/29/2017||Susquehanna Bancshares Inc||Initiated Coverage||Positive||$60.00||High|
|5/4/2017||KLR Group||Boost Price Target||Buy||$82.00 -> $86.00||Low|
|5/3/2017||Macquarie||Downgrade||Outperform -> Neutral||$74.00 -> $60.00||High|
|2/6/2017||Goldman Sachs Group Inc||Boost Price Target||Buy||$80.00 -> $84.00||N/A|
|2/5/2017||Credit Suisse Group||Reiterated Rating||Buy||$82.00||N/A|
|1/3/2017||Raymond James Financial, Inc.||Reiterated Rating||Outperform -> Market Perform||N/A|
|12/19/2016||Ladenburg Thalmann Financial Services||Initiated Coverage||Buy||$85.00||N/A|
|12/9/2016||Seaport Global Securities||Downgrade||Accumulate -> Neutral||N/A|
|11/11/2016||Guggenheim||Upgrade||Neutral -> Buy||$80.00||N/A|
|10/13/2016||Deutsche Bank AG||Upgrade||Hold -> Buy||$64.00 -> $77.00||N/A|
|10/6/2016||J P Morgan Chase & Co||Reiterated Rating||Buy||N/A|
|9/13/2016||Johnson Rice||Upgrade||Accumulate -> Buy||N/A|
|7/27/2016||Iberia Capital||Reiterated Rating||Buy||N/A|
|7/27/2016||Drexel Hamilton||Reiterated Rating||Buy||$108.00||N/A|
|6/12/2016||Simmons||Reiterated Rating||Overweight||$62.00 -> $64.00||N/A|
|6/10/2016||Piper Jaffray Companies||Initiated Coverage||Overweight||$64.00||N/A|
|5/16/2016||Howard Weil||Downgrade||Focus Stock -> Sector Outperform||N/A|
|5/4/2016||Alembic Global Advisors||Downgrade||Overweight -> Neutral||$49.00||N/A|
|1/25/2016||Tudor Pickering||Upgrade||Accumulate -> Buy||N/A|
|12/8/2015||Mitsubishi UFJ Financial Group Inc||Reiterated Rating||Overweight||N/A|
|11/11/2015||Oppenheimer Holdings, Inc.||Reiterated Rating||Hold||N/A|
Earnings History for Anadarko Petroleum Corporation (NYSE:APC)Earnings History by Quarter for Anadarko Petroleum Corporation (NYSE APC)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/24/2017||Q2 2017||($0.35)||($0.77)||$2.50 billion||$2.72 billion||View||N/A|
|5/2/2017||Q1 2017||($0.26)||($0.60)||$2.64 billion||$3.77 billion||View||Listen|
|1/31/2017||Q416||($0.44)||($0.50)||$2.32 billion||$2.39 billion||View||N/A|
|10/31/2016||Q316||($0.54)||($0.89)||$2.19 billion||$1.89 billion||View||N/A|
|7/26/2016||Q216||($0.80)||($0.60)||$1.89 billion||$1.92 billion||View||N/A|
|5/2/2016||Q116||($1.16)||($1.12)||$1.83 billion||$1.67 billion||View||N/A|
|2/1/2016||Q415||($1.09)||($0.57)||$2.22 billion||$2.05 billion||View||N/A|
|10/27/2015||Q315||($0.73)||($0.72)||$2.45 billion||$1.69 billion||View||Listen|
|7/28/2015||Q215||($0.54)||$0.01||$2.62 billion||$2.64 billion||View||Listen|
|5/4/2015||Q115||($0.59)||($0.72)||$2.53 billion||$2.32 billion||View||Listen|
|2/2/2015||Q414||$0.82||$0.37||$3.90 billion||$3.18 billion||View||Listen|
|10/28/2014||Q314||$1.38||$1.16||$4.42 billion||$5.01 billion||View||Listen|
|7/29/2014||Q214||$1.34||$1.32||$4.14 billion||$4.44 billion||View||Listen|
|5/5/2014||Q114||$1.19||$1.26||$3.87 billion||$5.84 billion||View||Listen|
|2/4/2014||Q413||$0.91||$0.74||$3.80 billion||$3.34 billion||View||Listen|
|11/5/2013||Q313||$1.15||$1.13||$3.84 billion||$3.85 billion||View||Listen|
|7/29/2013||Q2 2013||$0.91||$1.05||$3.55 billion||$3.50 billion||View||Listen|
|5/6/2013||Q1 2013||$0.94||$1.08||$3.49 billion||$3.89 billion||View||Listen|
|2/4/2013||Q4 2012||$0.72||$0.91||$3.38 billion||$3.41 billion||View||Listen|
|10/29/2012||Q312||$0.76||$0.84||$3.40 billion||$3.33 billion||View||N/A|
Earnings Estimates for Anadarko Petroleum Corporation (NYSE:APC)
2017 EPS Consensus Estimate: ($1.30)
2018 EPS Consensus Estimate: ($2.13)
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Anadarko Petroleum Corporation (NYSE:APC)
|Most Recent Dividend:||9/27/2017|
|Dividend Growth:||-28.20% (3 Year Average)|
|Payout Ratio:||-5.14% (Trailing 12 Months of Earnings) |
-9.57% (Based on This Year's Estimates)
-28.57% (Based on Next Year's Estimates)
Dividend History by Quarter for Anadarko Petroleum Corporation (NYSE APC)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Anadarko Petroleum Corporation (NYSE:APC)
Insider Ownership Percentage: 0.45%Insider Trades by Quarter for Anadarko Petroleum Corporation (NYSE:APC)
Institutional Ownership Percentage: 85.01%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|5/18/2017||Anthony R Chase||Director||Buy||1,905||$52.48||$99,974.40|| |
|5/17/2017||Peter J Fluor||Director||Buy||20,000||$51.83||$1,036,600.00|| |
|5/17/2017||R A Walker||Chairman||Buy||19,300||$51.82||$1,000,126.00|| |
|1/21/2016||Peter J Fluor||Director||Buy||7,527||$30.55||$229,949.85|| |
|1/7/2016||Peter J Fluor||Director||Buy||25,000||$41.19||$1,029,750.00|| |
|11/13/2015||Peter J Fluor||Director||Buy||50,000||$60.82||$3,041,000.00|| |
|8/28/2014||Anthony R Chase||Director||Buy||1,700||$110.89||$188,513.00|| |
|8/13/2014||John R Gordon||Director||Sell||20,000||$106.11||$2,122,200.00|| |
|8/8/2014||Robert G Gwin||CFO||Sell||44,000||$107.78||$4,742,320.00|| |
|8/7/2014||R A Walker||CEO||Sell||245,100||$107.23||$26,282,073.00|| |
|8/6/2014||R A Walker||CEO||Sell||50,357||$108.00||$5,438,556.00|| |
|6/11/2014||Charles Alvin Meloy||EVP||Sell||72,182||$107.43||$7,754,512.26|| |
|6/11/2014||Robert K Reeves||CAO||Sell||50,900||$108.03||$5,498,727.00|| |
|6/10/2014||Margaret C Douglas||CAO||Sell||30,737||$103.89||$3,193,266.93|| |
|5/21/2014||Robert Daniels||EVP||Sell||61,379||$99.81||$6,126,237.99|| |
|4/11/2014||Robert Daniels||EVP||Sell||18,721||$97.02||$1,816,311.42|| |
|11/13/2013||Paulett Eberhart||Director||Sell||24,600||$91.00||$2,238,600.00|| |
|9/19/2013||Preston Geren III||Director||Sell||5,000||$95.33||$476,650.00|| |
|9/4/2013||John Gordon||Director||Sell||20,000||$92.50||$1,850,000.00|| |
|7/3/2013||Robert P Daniels||EVP||Sell||19,100||$86.93||$1,660,363.00|| |
|5/17/2013||Margaret C Douglas||CAO||Sell||4,500||$90.00||$405,000.00|| |
|8/14/2012||Richard L George||Director||Buy||6,000||$68.85||$413,100.00|| |
Headline Trends for Anadarko Petroleum Corporation (NYSE:APC)
Latest Headlines for Anadarko Petroleum Corporation (NYSE:APC)
Anadarko Petroleum Corporation (APC) Chart for Saturday, October, 21, 2017