Anadarko Petroleum Corporation (NYSE:APC) Quarterly growth Review

Anadarko Petroleum Corporation (NYSE:APC) recently traded as high as $42.27. JPMorgan Chase & Co. now owns 12,999,493 shares of the oil and gas development company's stock worth $805,967,000 after buying an additional 4,182,975 shares in the last quarter. TX increased its position in Anadarko Petroleum Corporation by 5.5% in the third quarter. Franklin Resources Inc. now owns 14,394,958 shares of the oil and gas development company's stock worth $652,661,000 after buying an additional 7,428,741 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp now owns 1,121,709 shares of the oil and gas development company's stock worth $50,858,000 after purchasing an additional 17,411 shares during the period. Tru Advisors stated it has 1.7% in Anadarko Petroleum Corporation (NYSE:APC). Vanguard Group Inc. raised its holdings in shares of Anadarko Petroleum Corporation by 3.3% in the 1st quarter. The stock rose 2.73% or $1.14 reaching $42.9 per share.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in APC.

Anadarko Petroleum Corporation (NYSE:APC) has seen its stock price gain 27.97, or -40.11%, so far in 2017. The stock's market cap is $23.56 billion. "The second line, the "%D" line is simple a 3-day moving average of the "%K" line. Wells Fargo & Company cut shares of Anadarko Petroleum Corporation from an "outperform" rating to a "market perform" rating in a research note on Wednesday, May 3rd. The oil and gas development company reported ($0.77) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.35) by ($0.42).

Currently, the 14-day ADX for Anadarko Petroleum Corp (APC) is sitting at 17.07. They expect this year's earnings to fall -32.04% year-over-year to -$2.1, followed by -65.71% decline in the next year to -$0.72. The firm's quarterly revenue was up 41.8% on a year-over-year basis. The stock now has Weekly Volatility of 2.42% and Monthly Volatility of 2.32%. Shareholders of record on Wednesday, September 13th will be paid a $0.05 dividend. The data is represented graphically by fluctuating between a value of 0 and 100. The stock has "Overweight" rating by Morgan Stanley on Tuesday, September 13. Anadarko Petroleum Corporation (NYSE:APC) has risen 8.29% since September 13, 2016 and is uptrending.

A number of research firms have issued reports on APC. Anadarko Petroleum Corporation has had 7 insider trades in the last 3 months, including 6 open market buys and 1 sells. Barclays Capital maintained Anadarko Petroleum Corporation (NYSE:APC) rating on Tuesday, October 4. Royal Bank Of Canada set a $62.00 price objective on Anadarko Petroleum Corporation and gave the company a "buy" rating in a research report on Thursday, August 24th. With 866,600 avg volume, 5 days are for Healthsouth Corporation (NYSE:HLS)'s short sellers to cover HLS's short positions. Anadarko Petroleum Corporation has a 52-week low of $39.96 and a 52-week high of $73.33. The stock boasts a consensus analyst "Buy" rating with the consensus recommendation standing at 2.10. Anadarko Petroleum Corporation presently has an average rating of "Buy" and a consensus target price of $75.41.

Anadarko Petroleum Corporation most recently reported earnings per share (EPS) of -$0.77 for the June 2017 versus -$0.6 in the same quarter a year ago, representing 28% growth. If you are viewing this article on another website, it was illegally stolen and republished in violation of United States and global copyright & trademark law. The legal version of this piece of content can be accessed at Anadarko Petroleum Corporation had 91 analyst reports since July 21, 2015 according to SRatingsIntel. The Oil and Gas Exploration & 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 Company's divisions include Oil and Gas Exploration and Production; Midstream, and Marketing. The Company's geographical segments include the United States and global. Andra AP fonden now owns 84,000 shares of the oil and gas development company's stock worth $3,809,000 after purchasing an additional 10,100 shares during the period.

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