Anadarko Petroleum Corporation (APC) has risen sharply, recording gains of 4.91% in the past 4 weeks. However, the stock has corrected -0.43% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 7.07% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 2.76% and the 50-Day Moving Average is 4.9%.The 200 Day SMA reached 18.22% Anadarko Petroleum Corporation is up 4.94% in the last 3-month period. Year-to-Date the stock performance stands at 18.75%.
Anadarko Petroleum Corporation (APC) : Average target price received by Anadarko Petroleum Corporation (APC) is $68.67 with an expected standard deviation of $10.4. The most aggressive target on the stock is $95, whereas the most downbeat target is $50. 15 financial analysts are currently covering the stock.
For the current week, the company shares have a recommendation consensus of Buy. Anadarko Petroleum Corporation (NYSE:APC): The stock opened at $56.04 and touched an intraday high of $57.68 on Friday. During the day, the stock corrected to an intraday low of $55.8, however, the bulls stepped in and pushed the price higher to close in the green at $57.52 with a gain of 1.04% for the day. The total traded volume for the day was 5,478,011. The stock had closed at $56.93 in the previous trading session.
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.