Traders purchased shares of Anadarko Petroleum Corporation (NYSE:APC) on weakness during trading hours on Friday. $148.30 million flowed into the stock on the tick-up and $66.03 million flowed out of the stock on the tick-down, for a money net flow of $82.27 million into the stock. Of all stocks tracked, Anadarko Petroleum had the 28th highest net in-flow for the day. Anadarko Petroleum traded down ($0.37) for the day and closed at $47.52

Several equities research analysts recently weighed in on the company. Morgan Stanley set a $55.00 price target on Anadarko Petroleum and gave the stock a “hold” rating in a research note on Wednesday, October 18th. Jefferies Group set a $62.00 price target on Anadarko Petroleum and gave the stock a “buy” rating in a research note on Monday, August 28th. Royal Bank of Canada set a $62.00 price target on Anadarko Petroleum and gave the stock a “buy” rating in a research note on Thursday, August 24th. Cowen set a $60.00 price target on Anadarko Petroleum and gave the stock a “buy” rating in a research note on Monday, October 16th. Finally, Scotiabank reaffirmed a “buy” rating and issued a $62.00 price target on shares of Anadarko Petroleum in a research note on Wednesday, November 1st. Three equities research analysts have rated the stock with a sell rating, five have given a hold rating and nineteen have given a buy rating to the company’s stock. Anadarko Petroleum presently has a consensus rating of “Buy” and a consensus price target of $65.52.

The company has a debt-to-equity ratio of 1.11, a quick ratio of 2.03 and a current ratio of 2.03.

Anadarko Petroleum (NYSE:APC) last released its earnings results on Tuesday, October 31st. The oil and gas development company reported ($0.77) EPS for the quarter, missing analysts’ consensus estimates of ($0.56) by ($0.21). Anadarko Petroleum had a negative return on equity of 9.82% and a negative net margin of 17.13%. The company had revenue of $2.50 billion during the quarter, compared to analysts’ expectations of $2.52 billion. During the same period in the prior year, the company posted ($0.89) earnings per share. The company’s revenue was up 31.9% on a year-over-year basis. analysts anticipate that Anadarko Petroleum Corporation will post -2.25 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 27th. Stockholders of record on Wednesday, December 13th will be paid a $0.05 dividend. The ex-dividend date is Tuesday, December 12th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.42%. Anadarko Petroleum’s dividend payout ratio is currently -5.63%.

Anadarko Petroleum announced that its board has approved a share repurchase program on Wednesday, September 20th that authorizes the company to repurchase $2.50 billion in outstanding shares. This repurchase authorization authorizes the oil and gas development company to repurchase up to 10% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s management believes its stock is undervalued.

Several institutional investors have recently added to or reduced their stakes in the stock. Optimum Investment Advisors boosted its position in shares of Anadarko Petroleum by 0.9% during the second quarter. Optimum Investment Advisors now owns 11,541 shares of the oil and gas development company’s stock valued at $523,000 after buying an additional 100 shares during the last quarter. Bienville Capital Management LLC boosted its position in shares of Anadarko Petroleum 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 valued at $265,000 after buying an additional 112 shares during the last quarter. Stonebridge Capital Advisors LLC boosted its position in shares of Anadarko Petroleum by 0.8% during the second quarter. Stonebridge Capital Advisors LLC now owns 24,849 shares of the oil and gas development company’s stock valued at $1,127,000 after buying an additional 200 shares during the last quarter. Sheaff Brock Investment Advisors LLC boosted its position in shares of Anadarko Petroleum by 3.7% during the second quarter. Sheaff Brock Investment Advisors LLC now owns 5,656 shares of the oil and gas development company’s stock valued at $256,000 after buying an additional 200 shares during the last quarter. Finally, GHP Investment Advisors Inc. boosted its position in shares of Anadarko Petroleum by 7.5% during the second quarter. GHP Investment Advisors Inc. now owns 4,584 shares of the oil and gas development company’s stock valued at $208,000 after buying an additional 320 shares during the last quarter. 87.91% of the stock is currently owned by institutional investors.

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Anadarko Petroleum 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.

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