Anadarko Petroleum Corporation (APC) Shares are Up 0.78%

Anadarko Petroleum Corporation (APC) : Traders are bullish on Anadarko Petroleum Corporation (APC) as it has outperformed the S&P 500 by a wide margin of 1.55% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.45%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.78% in the last 1 week, and is up 1.34% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 2.81% and the fifty day Moving Average is 2.1%. Anadarko Petroleum Corporation is up 7.34% in the last three month period. Year-to-Date the stock performance stands at 13.99%.

Anadarko Petroleum Corporation (APC) stock is expected to deviate a maximum of $14.92 from the average target price of $68.93 for the short term period. 15 Street Experts have initiated coverage on the stock with the most promising target being $108 and the most muted being $50.


Anadarko Petroleum Corporation (NYSE:APC): stock turned positive on Friday. Though the stock opened at $55.23, the bulls momentum made the stock top out at $56.07 level for the day. The stock recorded a low of $54.84 and closed the trading day at $55.26, in the green by 0.20%. The total traded volume for the day was 2,594,481. The stock had closed at $55.15 in the previous days trading.

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.