Bluecrest Capital Management Ltd buys $10,125,771 stake in Anadarko Petroleum Corporation (APC)

Anadarko Petroleum Corporation (APC) : Bluecrest Capital Management Ltd scooped up 128,304 additional shares in Anadarko Petroleum Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 186,547 shares of Anadarko Petroleum Corporation which is valued at $10,125,771.Anadarko Petroleum Corporation makes up approximately 0.83% of Bluecrest Capital Management Ltd’s portfolio.

Other Hedge Funds, Including , Carlson Capital L P boosted its stake in APC in the latest quarter, The investment management firm added 757,037 additional shares and now holds a total of 1,845,437 shares of Anadarko Petroleum Corporation which is valued at $100,170,320. Anadarko Petroleum Corporation makes up approx 1.23% of Carlson Capital L P’s portfolio.National Pension Service boosted its stake in APC in the latest quarter, The investment management firm added 53,637 additional shares and now holds a total of 342,832 shares of Anadarko Petroleum Corporation which is valued at $18,608,921. Anadarko Petroleum Corporation makes up approx 0.16% of National Pension Service’s portfolio.Mufg Americas Holdings Corp reduced its stake in APC by selling 816 shares or 5.69% in the most recent quarter. The Hedge Fund company now holds 13,530 shares of APC which is valued at $730,755. Anadarko Petroleum Corporation makes up approx 0.02% of Mufg Americas Holdings Corp’s portfolio.Howard Hughes Medical Institute reduced its stake in APC by selling 4,939 shares or 79.47% in the most recent quarter. The Hedge Fund company now holds 1,276 shares of APC which is valued at $67,220. Anadarko Petroleum Corporation makes up approx 0.02% of Howard Hughes Medical Institute’s portfolio.Conning boosted its stake in APC in the latest quarter, The investment management firm added 120 additional shares and now holds a total of 21,011 shares of Anadarko Petroleum Corporation which is valued at $1,130,392. Anadarko Petroleum Corporation makes up approx 0.05% of Conning’s portfolio.

Anadarko Petroleum Corporation opened for trading at $53.12 and hit $54.02 on the upside on Thursday, eventually ending the session at $53.54, with a gain of 0.13% or 0.07 points. The heightened volatility saw the trading volume jump to 51,95,640 shares. Company has a market cap of $27,330 M.

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.

Investors should note that on Aug 2, 2016, Anadarko Petroleum Corporation announced a cash dividend of $0.0500. The company’s management has announced Sep 12, 2016 as the ex-dividend date and fixed the record date on Sep 14, 2016. The payable date has been fixed on Sep 28, 2016.

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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