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: $27.36072 billion
- Outstanding Shares: 560,358,000
- 50 Day Moving Avg: $42.72
- 200 Day Moving Avg: $50.53
- 52 Week Range: $39.96 - $73.33
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -73.98
- P/E Growth: -2.14
- Annual Revenue: $10.15 billion
- Price / Sales: 2.70
- Book Value: $20.76 per share
- Price / Book: 2.35
- Annual Dividend: $0.20
- Dividend Yield: 0.4%
- EBIDTA: $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: 4.83 million shs.
- Beta: 1.34
- 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 declared a quarterly dividend on Wednesday, August 2nd. Shareholders 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 dividend on an annualized basis and a yield of 0.41%. The ex-dividend date of this dividend is Tuesday, September 12th. View Anadarko Petroleum Corporation's Dividend History.
How will Anadarko Petroleum Corporation's stock buyback program work?
Anadarko Petroleum Corporation announced that its Board of Directors has initiated a stock buyback program on Thursday, September 21st 2017, which allows the company to buyback $2,500,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 10% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's management believes its stock is undervalued.
How were Anadarko Petroleum Corporation's earnings last quarter?
Anadarko Petroleum Corporation (NYSE:APC) issued its quarterly earnings data on Monday, July, 24th. The company reported ($0.77) EPS for the quarter, missing the Zacks' consensus estimate of ($0.35) by $0.42. The business earned $2.72 billion during the quarter, compared to analysts' expectations 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 period in the prior year, the company posted ($0.60) EPS. 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?
27 brokers have issued twelve-month target prices for Anadarko Petroleum Corporation's stock. Their predictions range from $42.00 to $86.00. On average, they expect Anadarko Petroleum Corporation's stock price to reach $68.81 in the next twelve months. 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)
- 4. J P Morgan Chase & Co analysts commented, "Monsanto shares offer an attractive risk/reward proposition in our opinion. We think a reasonable floor price for the shares, in the event of a disruption of the Bayer/Monsanto combination, is $100/sh or 20x our $5.00 estimate for F2018 EPS. Should Bayer’s purchase of Monsanto be consummated, Monsanto shareholders would receive $128/share, most likely by the end of 2017. We believe that Monsanto’s product overlaps with Bayer are modest, manageable, and are unlikely to stand in the way of the transaction. Importantly, we think that the business combination is likely to lead to more agricultural innovation rather than less. Monsanto continues to increase its share of the global corn and soybean markets by demonstrating technology strength." (10/6/2016)
Who are some of Anadarko Petroleum Corporation's key competitors?
Some companies that are related to Anadarko Petroleum Corporation include CNOOC Limited (CEO), EOG Resources (EOG), Occidental Petroleum Corporation (OXY), Canadian Natural Resources Limited (CNQ), Williams Partners LP (WPZ), Pioneer Natural Resources Company (PXD), Devon Energy Corporation (DVN), Concho Resources (CXO), Apache Corporation (APA), Continental Resources (CLR), Noble Energy (NBL), Cabot Oil & Gas Corporation (COG), EQT Corporation (EQT), Encana Corporation (ECA), Marathon Oil Corporation (MRO), Cimarex Energy Co (XEC), Diamondback Energy (FANG) and Parsley Energy (PE).
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 retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.17%), Vanguard Group Inc. (7.12%), Dodge & Cox (5.85%), State Street Corp (5.11%), FMR LLC (4.77%) and Franklin Resources Inc. (2.57%). 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 FMR LLC, JPMorgan Chase & Co., Eaton Vance Management, Harris Associates L P, APG Asset Management N.V., Fred Alger Management Inc., Neuberger Berman Group LLC and Lord Abbett & CO. LLC. 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 Dodge & Cox, Franklin Resources Inc., Janus Henderson Group PLC, BlackRock Inc., Vanguard Group Inc., American Century Companies Inc., Renaissance Technologies LLC and Caymus Capital Partners L.P.. 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 $48.83.
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, 19 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.67)|
|Consensus Price Target: ||$68.81 (40.92% upside)|
Analysts' Ratings History for Anadarko Petroleum Corporation (NYSE:APC)
(Data available from 9/24/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|9/21/2017||Mitsubishi UFJ Financial Group||Reiterated Rating||Buy||$66.00||Low|
|9/17/2017||Cowen and Company||Reiterated Rating||Buy||$60.00||Low|
|9/4/2017||BMO Capital Markets||Reiterated Rating||Hold||$53.00||Low|
|9/3/2017||Stifel Nicolaus||Reiterated Rating||Buy||Low|
|8/28/2017||Jefferies Group LLC||Set Price Target||Buy||$62.00||Low|
|8/24/2017||Royal Bank Of Canada||Set Price Target||Buy||$62.00||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|
|7/21/2017||Citigroup Inc.||Lower Price Target||Buy||$85.00 -> $60.00||Low|
|7/7/2017||Sanford C. Bernstein||Reiterated Rating||Outperform||Low|
|6/29/2017||Susquehanna Bancshares Inc||Initiated Coverage||Positive||$60.00||High|
|6/14/2017||Barclays PLC||Downgrade||Equal Weight -> Underweight||$52.00 -> $42.00||High|
|5/4/2017||KLR Group||Boost Price Target||Buy||$82.00 -> $86.00||Low|
|5/3/2017||Morgan Stanley||Downgrade||Overweight -> Equal Weight||$74.00||High|
|5/3/2017||Macquarie||Downgrade||Outperform -> Neutral||$74.00 -> $60.00||High|
|2/6/2017||Goldman Sachs Group, Inc. (The)||Boost Price Target||Buy||$80.00 -> $84.00||N/A|
|2/5/2017||Credit Suisse Group||Reiterated Rating||Buy||$82.00||N/A|
|2/1/2017||Atlantic Securities||Upgrade||Underweight -> Neutral||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: ($1.16)
2018 EPS Consensus Estimate: ($3.12)
(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)
|Dividend Growth:||-28.20% (3 Year Average)|
|Payout Ratio:||-5.14% (Trailing 12 Months of Earnings) |
-9.71% (Based on This Year's Estimates)
-30.30% (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: 85.05%
(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 Sunday, September, 24, 2017