NYSE:APC - Anadarko Petroleum Stock Price, Forecast & News

Anadarko Petroleum trades on the New York Stock Exchange (NYSE) under the ticker symbol "APC."

Anadarko Petroleum announced a quarterly dividend on Wednesday, May 15th. Investors of record on Wednesday, June 12th will be paid a dividend of $0.30 per share on Wednesday, June 26th. This represents a $1.20 annualized dividend and a yield of 1.65%. The ex-dividend date is Tuesday, June 11th. View Anadarko Petroleum's Dividend History.

Anadarko Petroleum announced that its board has initiated a stock buyback plan on Monday, July 9th 2018, which authorizes the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 2.6% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's board of directors believes its shares are undervalued.

Anadarko Petroleum Co. (NYSE:APC) issued its earnings results on Friday, July, 26th. The oil and gas development company reported $0.51 earnings per share for the quarter, missing analysts' consensus estimates of $0.55 by $0.04. The oil and gas development company earned $3.44 billion during the quarter, compared to analysts' expectations of $3.31 billion. Anadarko Petroleum had a negative net margin of 4.20% and a positive return on equity of 10.49%. The business's revenue for the quarter was up 4.6% on a year-over-year basis. During the same period last year, the company earned $0.54 earnings per share. View Anadarko Petroleum's Earnings History.

23 brokers have issued twelve-month price objectives for Anadarko Petroleum's stock. Their forecasts range from $51.00 to $79.00. On average, they anticipate Anadarko Petroleum's share price to reach $69.04 in the next twelve months. This suggests that the stock has a possible downside of 5.1%. View Analyst Price Targets for Anadarko Petroleum.

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Anadarko Petroleum in the last year. There are currently 1 sell rating, 21 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Anadarko Petroleum.

Media coverage about APC stock has trended somewhat positive this week, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Anadarko Petroleum earned a coverage optimism score of 2.0 on InfoTrie's scale. They also gave news headlines about the oil and gas development company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the near term. View News Stories for Anadarko Petroleum.

Some companies that are related to Anadarko Petroleum include ConocoPhillips (COP), EOG Resources (EOG), Pioneer Natural Resources (PXD), Concho Resources (CXO), Diamondback Energy (FANG), Apache (APA), Continental Resources (CLR), Noble Energy (NBL), Devon Energy (DVN), Marathon Oil (MRO), Cabot Oil & Gas (COG), WPX Energy (WPX), Cimarex Energy (XEC), Kosmos Energy (KOS) and EQT (EQT).

Based on aggregate information from My MarketBeat watchlists, some companies that other Anadarko Petroleum investors own include 1st Source (SRCE), Bank of America (BAC), NVIDIA (NVDA), Chevron (CVX), AT&T (T), Schlumberger (SLB), Verizon Communications (VZ), Micron Technology (MU), Citigroup (C) and Exxon Mobil (XOM).

One share of APC stock can currently be purchased for approximately $72.77.

Anadarko Petroleum has a market capitalization of $36.56 billion and generates $13.38 billion in revenue each year. The oil and gas development company earns $615 million in net income (profit) each year or $2.26 on an earnings per share basis. Anadarko Petroleum employs 4,700 workers across the globe.View Additional Information About Anadarko Petroleum.

The official website for Anadarko Petroleum is http://www.anadarko.com/.

Anadarko Petroleum's mailing address is 1201 LAKE ROBBINS DRIVE, THE WOODLANDS TX, 77380. The oil and gas development company can be reached via phone at 832-636-1000 or via email at [email protected]