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

Anadarko Petroleum declared that its board has approved a stock repurchase program on Monday, July 9th 2018, which allows the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 2.6% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's leadership believes its shares are undervalued.

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

23 brokerages have issued twelve-month price objectives for Anadarko Petroleum's shares. 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 year. 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.

News articles about APC stock have been trending neutral this week, according to InfoTrie Sentiment. The research group identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Anadarko Petroleum earned a daily sentiment score of 0.5 on InfoTrie's scale. They also gave news articles about the oil and gas development company a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days. 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]