Anadarko Petroleum Corporations in-depth stock price analysis indicates that the stock price has rallied 12.73% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 25.48% . Looking at the past 52 week period, the stock price is up at 83.39% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Anadarko Petroleum Corporation has a positive value of 49.73 compared to overall market. Anadarko Petroleum Corporation (NYSE:APC) has tumbled 1.51% during the past week and has dropped 2.67% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 2.3%. Anadarko Petroleum Corporation (NYSE:APC) has underperformed the index by 4.41% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Anadarko Petroleum Corporation (NYSE:APC) : On Friday heightened volatility was witnessed in Anadarko Petroleum Corporation (NYSE:APC) which led to swings in the share price. The stock opened for trading at $68.97 and hit $70 on the upside , eventually ending the session at $69.34, with a gain of 1.34% or 0.92 points. The heightened volatility saw the trading volume jump to 4,513,042 shares. The 52-week high of the share price is $73.33 and the company has a market cap of $38,754 million. The 52-week low of the share price is at $33.85 .
Anadarko Petroleum Corporation Last issued its quarterly earnings results on Jan 31, 2017. The company reported $-0.50 EPS for the quarter. Analyst had a consensus estimate of $-0.50. The company had revenue of $2387.00 million for the quarter, compared to analysts expectations of $2342.30 million. The companys revenue was up 16.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.57 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Anadarko Petroleum Corporation was Upgraded by Atlantic Equities to Neutral on Feb 1, 2017. Company shares were Reiterated by RBC Capital Mkts on Jan 13, 2017 to Outperform, Raises Price Target to $ 82 from a previous price target of $81 .Anadarko Petroleum Corporation was Downgraded by Raymond James to Mkt Perform on Jan 3, 2017. Anadarko Petroleum Corporation was Initiated by Ladenburg Thalmann to Buy on Dec 19, 2016. Anadarko Petroleum Corporation was Downgraded by Seaport Global Securities to Neutral on Dec 9, 2016.
Company has reported several Insider transactions to the SEC, on Nov 15, 2016, John R Gordon (director) sold 7,500 shares at 61.30 per share price.On Jan 25, 2016, Peter J Fluor (director) purchased 7,527 shares at 30.55 per share price.On Mar 24, 2015, Robert P Daniels (EVP, Intl./Deepwater Expl.) sold 38,449 shares at 80.94 per share price.
Anadarko Petroleum Corporation is one of the worlds largest independent oil and gas exploration and production companies. Majority of the companys total proved reserves are located in the U.S., primarily in the mid-continent (Kansas, Oklahoma and Texas) area, offshore in the Gulf of Mexico and in Alaska. Most of the companys production is domestic and the remainder is from Algeria. The company also owns and operates gas gathering systems in its U.S. core producing areas.