Anadarko Petroleum Co. (NYSE:APC) – Analysts at Capital One Financial upped their Q1 2019 EPS estimates for Anadarko Petroleum in a research report issued on Tuesday, February 19th. Capital One Financial analyst P. Johnston now forecasts that the oil and gas development company will earn $0.25 per share for the quarter, up from their previous forecast of $0.18. Capital One Financial has a “Equal Weight” rating on the stock. Capital One Financial also issued estimates for Anadarko Petroleum’s Q2 2019 earnings at $0.18 EPS, Q3 2019 earnings at $0.19 EPS, Q4 2019 earnings at $0.20 EPS, FY2019 earnings at $0.82 EPS and FY2020 earnings at $0.87 EPS.
Several other brokerages have also commented on APC. Zacks Investment Research lowered Anadarko Petroleum from a “hold” rating to a “sell” rating in a research report on Wednesday, December 19th. Mitsubishi UFJ Financial Group reduced their price target on Anadarko Petroleum to $92.00 and set an “overweight” rating for the company in a report on Friday, November 16th. Jefferies Financial Group reduced their price target on Anadarko Petroleum from $86.00 to $84.00 and set a “buy” rating for the company in a report on Thursday, November 1st. Credit Suisse Group set a $89.00 price target on Anadarko Petroleum and gave the company a “buy” rating in a report on Friday, November 16th. Finally, Morgan Stanley reduced their price target on Anadarko Petroleum from $83.00 to $76.00 and set a “hold” rating for the company in a report on Tuesday, November 20th. Seven analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $76.25.
Shares of Anadarko Petroleum stock opened at $43.69 on Friday. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 1.41. The firm has a market cap of $22.56 billion, a price-to-earnings ratio of 19.33, a PEG ratio of 2.04 and a beta of 1.58. Anadarko Petroleum has a 12 month low of $40.40 and a 12 month high of $76.70.
Anadarko Petroleum (NYSE:APC) last announced its quarterly earnings data on Tuesday, February 5th. The oil and gas development company reported $0.38 EPS for the quarter, missing the consensus estimate of $0.57 by ($0.19). The firm had revenue of $3.35 billion for the quarter, compared to analysts’ expectations of $3.47 billion. Anadarko Petroleum had a net margin of 4.60% and a return on equity of 10.14%. The business’s quarterly revenue was up 14.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.18 EPS.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Claybrook Capital LLC bought a new stake in Anadarko Petroleum in the 4th quarter worth about $29,000. We Are One Seven LLC bought a new stake in Anadarko Petroleum in the 4th quarter worth about $41,000. Legacy Bridge LLC bought a new stake in Anadarko Petroleum in the 4th quarter worth about $43,000. Lindbrook Capital LLC bought a new stake in Anadarko Petroleum in the 4th quarter worth about $43,000. Finally, Bremer Trust National Association bought a new stake in Anadarko Petroleum in the 4th quarter worth about $47,000. Institutional investors own 83.62% of the company’s stock.
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 27th. Investors of record on Wednesday, March 13th will be issued a $0.30 dividend. The ex-dividend date of this dividend is Tuesday, March 12th. This represents a $1.20 annualized dividend and a yield of 2.75%. Anadarko Petroleum’s payout ratio is 53.10%.
Anadarko Petroleum Company Profile
Anadarko Petroleum Corporation engages in the exploration, development, production, and marketing of oil and gas properties. It operates through three segments: Exploration and Production, WES Midstream, and Other Midstream. The company explores for and produces oil, natural gas, and natural gas liquids (NGLs).
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