Anadarko Petroleum Co. (NASDAQ:APC) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Anadarko Petroleum Co. (NASDAQ:APC) has been given an average recommendation of “Moderate Buy” by the seven research firms that are currently covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, three have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $21.60.

A number of equities research analysts recently issued reports on the company. Stifel Nicolaus started coverage on Anadarko Petroleum in a research report on Monday, March 9th. They issued a “buy” rating and a $22.00 target price on the stock. Weiss Ratings started coverage on Anadarko Petroleum in a research note on Thursday, May 28th. They issued a “sell (e)” rating for the company. Raymond James Financial started coverage on Anadarko Petroleum in a research note on Monday, March 9th. They issued a “strong-buy” rating and a $23.00 price target for the company. Capital One Financial started coverage on Anadarko Petroleum in a research note on Monday, March 9th. They issued an “overweight” rating and a $21.00 price target for the company. Finally, UBS Group started coverage on Anadarko Petroleum in a research note on Monday, March 9th. They issued a “buy” rating and a $22.00 price target for the company.

Anadarko Petroleum Stock Up 1.4%

Shares of Anadarko Petroleum stock opened at $19.29 on Friday. The business’s 50 day simple moving average is $18.98 and its 200 day simple moving average is $44.31. Anadarko Petroleum has a 52-week low of $17.00 and a 52-week high of $21.72. The firm has a market cap of $242.48 million, a PE ratio of 44.86, a P/E/G ratio of 5.64 and a beta of 1.64. The company has a debt-to-equity ratio of 1.95, a quick ratio of 0.92 and a current ratio of 0.92.

Anadarko Petroleum (NASDAQ:APC) last announced its earnings results on Friday, May 15th. The oil and gas development company reported $0.20 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.20. Anadarko Petroleum had a positive return on equity of 10.49% and a negative net margin of 4.20%.Anadarko Petroleum’s revenue for the quarter was down .2% compared to the same quarter last year. On average, analysts predict that Anadarko Petroleum will post 1.97 earnings per share for the current fiscal year.

Anadarko Petroleum Announces Dividend

The firm also recently announced 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 currently 241.86%.

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). 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.