Anadarko Petroleum Co. (NASDAQ:APC) Given Average Rating of “Moderate Buy” by Brokerages

Anadarko Petroleum Co. (NASDAQ:APC) has received a consensus recommendation of “Moderate Buy” from the seven research firms that are presently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, three have assigned a buy recommendation and two have given a strong buy recommendation to the company. The average 12 month price target among analysts that have covered the stock in the last year is $21.60.

A number of research analysts have commented on the stock. Stifel Nicolaus assumed coverage on shares of Anadarko Petroleum in a research note on Monday, March 9th. They issued a “buy” rating and a $22.00 price objective on the stock. UBS Group assumed coverage on shares of Anadarko Petroleum in a research note on Monday, March 9th. They issued a “buy” rating and a $22.00 price objective on the stock. Zacks Research upgraded shares of Anadarko Petroleum from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, May 13th. Raymond James Financial assumed coverage on shares of Anadarko Petroleum in a research note on Monday, March 9th. They issued a “strong-buy” rating and a $23.00 price objective on the stock. Finally, Weiss Ratings initiated coverage on shares of Anadarko Petroleum in a research note on Thursday, May 28th. They issued a “sell (e)” rating on the stock.

Anadarko Petroleum Trading Up 0.5%

NASDAQ APC opened at $18.48 on Tuesday. The company has a debt-to-equity ratio of 1.95, a quick ratio of 0.92 and a current ratio of 0.92. The firm has a market cap of $232.29 million, a PE ratio of 42.98, a P/E/G ratio of 5.64 and a beta of 1.64. Anadarko Petroleum has a one year low of $17.00 and a one year high of $21.72. The firm’s fifty day moving average is $19.37 and its two-hundred day moving average is $38.68.

Anadarko Petroleum (NASDAQ:APC) last posted its quarterly earnings data on Friday, May 15th. The oil and gas development company reported $0.20 EPS for the quarter, meeting analysts’ consensus estimates of $0.20. Anadarko Petroleum had a negative net margin of 4.20% and a positive return on equity of 10.49%. The firm’s revenue for the quarter was down .2% on a year-over-year basis. Analysts expect that Anadarko Petroleum will post 1.97 earnings per share for the current year.

Anadarko Petroleum Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, April 21st. Stockholders of record on Friday, April 10th were paid a dividend of $0.26 per share. The ex-dividend date was Friday, April 10th. Anadarko Petroleum’s payout ratio is 241.86%.

About Anadarko Petroleum

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). It is also involved in gathering, processing, treating, and transporting oil, natural-gas, and NGLs production, as well as the gathering and disposal of produced water. The company's oil and natural gas properties are located in the United States onshore and deepwater Gulf of Mexico; and Algeria, Ghana, Mozambique, Colombia, Peru, and other countries.