Somewhat Positive News Coverage Somewhat Unlikely to Impact Anadarko Petroleum (APC) Stock Price
Media coverage about Anadarko Petroleum (NYSE:APC) has been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Anadarko Petroleum earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave media stories about the oil and gas development company an impact score of 46.3452980237395 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the news articles that may have effected Accern’s analysis:
- Anadarko Petroleum (APC) Raises Quarterly Dividend 400% to $0.25; Increases Buyback by $500 Million (streetinsider.com)
- Anadarko Announces 2017 Fourth-Quarter And Full-Year Results (finance.yahoo.com)
- Anadarko Increases Dividend Fivefold And Expands Share-Repurchase Program (finance.yahoo.com)
- Anadarko wins approval for work on Mozambique gas project (finance.yahoo.com)
- Anadarko Petroleum Corporation to Host Earnings Call (finance.yahoo.com)
A number of research firms recently weighed in on APC. Morgan Stanley set a $55.00 target price on shares of Anadarko Petroleum and gave the company a “hold” rating in a research report on Wednesday, October 18th. Stifel Nicolaus set a $73.00 target price on shares of Anadarko Petroleum and gave the company a “buy” rating in a research report on Monday, January 29th. Cowen set a $60.00 target price on shares of Anadarko Petroleum and gave the company a “buy” rating in a research report on Monday, October 16th. Scotiabank reaffirmed a “buy” rating and issued a $62.00 target price on shares of Anadarko Petroleum in a research report on Wednesday, November 1st. Finally, Piper Jaffray Companies reaffirmed a “buy” rating and issued a $64.00 target price on shares of Anadarko Petroleum in a research report on Tuesday, January 9th. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating and eighteen have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $65.95.
Anadarko Petroleum (NYSE:APC) last announced its quarterly earnings data on Tuesday, February 6th. The oil and gas development company reported $0.18 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.15. Anadarko Petroleum had a negative net margin of 17.13% and a negative return on equity of 9.82%. The company had revenue of $2.93 billion during the quarter, compared to the consensus estimate of $2.90 billion. During the same quarter last year, the firm posted ($0.50) EPS. The company’s quarterly revenue was up 22.7% on a year-over-year basis. sell-side analysts expect that Anadarko Petroleum will post -2.13 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 28th. Stockholders of record on Wednesday, March 14th will be given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.70%. This is an increase from Anadarko Petroleum’s previous quarterly dividend of $0.05. Anadarko Petroleum’s dividend payout ratio (DPR) is -5.65%.
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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