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. Stockholders 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 annualized dividend and a dividend yield of 1.65%. The ex-dividend date of this dividend is Tuesday, June 11th. View Anadarko Petroleum's Dividend History.

Anadarko Petroleum announced that its Board of Directors has approved a stock repurchase plan on Monday, July 9th 2018, which permits the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 2.6% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's management believes its stock is 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 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 positive return on equity of 10.49% and a negative net margin of 4.20%. The firm's revenue was up 4.6% on a year-over-year basis. During the same period in the previous year, the business posted $0.54 earnings per share. View Anadarko Petroleum's Earnings History.

23 analysts have issued 12-month price targets for Anadarko Petroleum's shares. Their forecasts range from $51.00 to $79.00. On average, they anticipate Anadarko Petroleum's stock 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.

Press coverage about APC stock has trended negative on Saturday, according to InfoTrie Sentiment. The research group identifies negative and positive press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Anadarko Petroleum earned a news sentiment score of -2.0 on InfoTrie's scale. They also assigned press coverage about the oil and gas development company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company'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]