Stelac Advisory Services adds Anadarko Petroleum Corporation (APC) to its portfolio

Anadarko Petroleum Corporation (APC) : Stelac Advisory Services added new position in Anadarko Petroleum Corporation during the most recent quarter end. The investment management firm now holds 2,200 shares of Anadarko Petroleum Corporation which is valued at $115,896 , the company said in a statement filed on Aug 1, 2016 with the SEC.Anadarko Petroleum Corporation makes up approximately 0.03% of Stelac Advisory Services’s portfolio.

Other Hedge Funds, Including , Boston Private Wealth reduced its stake in APC by selling 1,344 shares or 9.9% in the most recent quarter. The Hedge Fund company now holds 12,227 shares of APC which is valued at $644,118. Anadarko Petroleum Corporation makes up approx 0.03% of Boston Private Wealth’s portfolio. Emerald Advisers Incpa added APC to its portfolio by purchasing 16,142 company shares during the most recent quarter which is valued at $880,223. Anadarko Petroleum Corporation makes up approx 0.04% of Emerald Advisers Incpa’s portfolio.Hl Financial Services reduced its stake in APC by selling 625 shares or 1.36% in the most recent quarter. The Hedge Fund company now holds 45,370 shares of APC which is valued at $2,440,906. Anadarko Petroleum Corporation makes up approx 0.06% of Hl Financial Services’s portfolio. Parkwood sold out all of its stake in APC during the most recent quarter. The investment firm sold 5,763 shares of APC which is valued $314,890.Creative Planning boosted its stake in APC in the latest quarter, The investment management firm added 21,056 additional shares and now holds a total of 58,885 shares of Anadarko Petroleum Corporation which is valued at $3,303,449. Anadarko Petroleum Corporation makes up approx 0.02% of Creative Planning’s portfolio.

Anadarko Petroleum Corporation closed down -1.41 points or -2.68% at $51.27 with 54,53,744 shares getting traded on Thursday. Post opening the session at $52.39, the shares hit an intraday low of $51.06 and an intraday high of $53.1 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

On the company’s financial health, Anadarko Petroleum Corporation reported $-1.12 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on May 2, 2016. Analyst had a consensus of $-1.18. The company had revenue of $1674.00 million for the quarter, compared to analysts expectations of $1786.65 million. The company’s revenue was down -27.9 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.72 EPS.

Many Wall Street Analysts have commented on Anadarko Petroleum Corporation. Anadarko Petroleum Corporation was Initiated by Credit Agricole to “Underperform” on Jun 22, 2016. Anadarko Petroleum Corporation was Resumed by Piper Jaffray to “Overweight” on Jun 10, 2016. Anadarko Petroleum Corporation was Initiated by Drexel Hamilton to “Buy” on Jun 8, 2016.

Anadarko Petroleum Corporation is an independent exploration and production company. The Company is engaged in the exploration development production and marketing of natural gas oil condensate natural gas liquids (NGLs) and anticipated production of liquefied natural gas (LNG). Its assets include United States onshore resource plays in the Rocky Mountains area the southern United States the Appalachian basin and Alaska. The Company has three segments: Oil and gas exploration and production Midstream and Marketing. Oil and gas exploration and production segment explores for and produces natural gas oil condensate and NGLs and plans for the development and operation of its LNG project. Midstream segment engages in gathering processing treating and transporting oil natural-gas and NGLs production. Marketing segment sells oil natural-gas and NGLs production. The Company is also an independent producer in the deepwater Gulf of Mexico.

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