Anadarko Petroleum Corporation (NYSE:APC) – Jefferies Group issued their Q1 2018 earnings per share estimates for shares of Anadarko Petroleum Corporation in a research report issued to clients and investors on Monday. Jefferies Group analyst M. Lear forecasts that the oil and gas development company will post earnings per share of ($0.29) for the quarter. Jefferies Group currently has a “Buy” rating and a $57.00 target price on the stock. Jefferies Group also issued estimates for Anadarko Petroleum Corporation’s Q2 2018 earnings at ($0.35) EPS, Q3 2018 earnings at ($0.26) EPS, Q4 2018 earnings at ($0.24) EPS, FY2018 earnings at ($1.14) EPS, Q1 2019 earnings at ($0.03) EPS, Q2 2019 earnings at ($0.07) EPS and Q3 2019 earnings at ($0.11) EPS.

Several other equities analysts also recently weighed in on the company. Stifel Nicolaus reaffirmed a “buy” rating on shares of Anadarko Petroleum Corporation in a research report on Sunday, September 3rd. Citigroup Inc. initiated coverage on Anadarko Petroleum Corporation in a research report on Thursday, June 29th. They issued a “positive” rating and a $60.00 target price for the company. They noted that the move was a valuation call. BMO Capital Markets reaffirmed a “hold” rating and issued a $53.00 target price on shares of Anadarko Petroleum Corporation in a research report on Monday, September 4th. BidaskClub downgraded Anadarko Petroleum Corporation from a “sell” rating to a “strong sell” rating in a research report on Thursday, June 22nd. Finally, Scotiabank reaffirmed a “buy” rating and issued a $66.00 target price on shares of Anadarko Petroleum Corporation in a research report on Friday, June 30th. Three research analysts have rated the stock with a sell rating, six have given a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $68.96.

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Anadarko Petroleum Corporation (NYSE APC) traded down 0.58% during mid-day trading on Wednesday, reaching $48.13. 331,183 shares of the company were exchanged. Anadarko Petroleum Corporation has a 1-year low of $39.96 and a 1-year high of $73.33. The stock’s 50-day moving average price is $44.98 and its 200-day moving average price is $49.06. The stock’s market capitalization is $26.97 billion.

Anadarko Petroleum Corporation (NYSE:APC) last released its quarterly earnings data on Monday, July 24th. 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). Anadarko Petroleum Corporation had a negative return on equity of 9.71% and a negative net margin of 19.31%. The business had revenue of $2.72 billion during the quarter, compared to analysts’ expectations of $2.50 billion. During the same period last year, the company earned ($0.60) earnings per share. The firm’s revenue was up 41.8% compared to the same quarter last year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 27th. Investors of record on Wednesday, September 13th were paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 0.41%. The ex-dividend date of this dividend was Tuesday, September 12th. Anadarko Petroleum Corporation’s payout ratio is -5.14%.

Anadarko Petroleum Corporation announced that its board has authorized a stock repurchase program on Wednesday, September 20th that allows the company to buyback $2.50 billion in shares. This buyback authorization allows the oil and gas development company to reacquire up to 10% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s leadership believes its shares are undervalued.

A number of hedge funds have recently bought and sold shares of the stock. Guardian Life Insurance Co. of America lifted its stake in Anadarko Petroleum Corporation by 0.7% during the first quarter. Guardian Life Insurance Co. of America now owns 2,156 shares of the oil and gas development company’s stock worth $134,000 after purchasing an additional 15 shares during the last quarter. Klingenstein Fields & Co. LLC lifted its stake in Anadarko Petroleum Corporation by 0.8% during the second quarter. Klingenstein Fields & Co. LLC now owns 5,250 shares of the oil and gas development company’s stock worth $238,000 after purchasing an additional 40 shares during the last quarter. Optimum Investment Advisors lifted its stake in Anadarko Petroleum Corporation by 0.9% during the second quarter. Optimum Investment Advisors now owns 11,541 shares of the oil and gas development company’s stock worth $523,000 after purchasing an additional 100 shares during the last quarter. Cleararc Capital Inc. lifted its stake in Anadarko Petroleum Corporation by 0.8% during the first quarter. Cleararc Capital Inc. now owns 13,687 shares of the oil and gas development company’s stock worth $849,000 after purchasing an additional 109 shares during the last quarter. Finally, Bienville Capital Management LLC lifted its stake in Anadarko Petroleum Corporation by 2.0% during the second quarter. Bienville Capital Management LLC now owns 5,840 shares of the oil and gas development company’s stock worth $265,000 after purchasing an additional 112 shares during the last quarter. Hedge funds and other institutional investors own 85.05% of the company’s stock.

Anadarko Petroleum Corporation Company Profile

Anadarko Petroleum Corporation (Anadarko) is an independent exploration and production company. The Company is engaged in developing, acquiring, and exploring for oil and natural-gas resources. The Company’s segments include Oil and Gas Exploration and Production; Midstream, and Marketing. The Company’s geographical segments include the United States and International.

Earnings History and Estimates for Anadarko Petroleum Corporation (NYSE:APC)

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