Large Outflow of Money Witnessed in Anadarko Petroleum Corporation

Anadarko Petroleum Corporation (APC) : The value of composite uptick trades was $34.83 million, whereas, the value of composite downtick trades was $37.88 million. The uptick to downtick ratio stood at 0.92 with a negative money flow of ($3.04) Million during Fridays trading session. The block trades money flow was negative ($1.1 million).The uptick to the downtick ratio of 0.59 in block trades signals that the large investors have utilized the rise in the stock to sell.The uptick transaction value stood at $1.59 million. The transaction of the trades on downticks amounted to $2.69 million, which confirms investors selling on the strength of price. Anadarko Petroleum Corporation (APC) gained 281 cents at $56.35, an increase of 5.25% over the previous days close.


The company Insiders own 0.53% of Anadarko Petroleum Corporation shares according to the proxy statements. Institutional Investors own 86.84% of Anadarko Petroleum Corporation shares.

In a related news, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of Anadarko Petroleum Corp, Fluor Peter J had purchased shares worth of $229,950 in a transaction dated on January 21, 2016. A total of 7,527 shares were purchased at a price of $30.55 per share. The information is based on open market trades at the market prices.Option exercises are not covered.

Anadarko Petroleum Corporation (NYSE:APC): The stock opened at $54.28 and touched an intraday high of $56.77 on Friday. During the day, the stock corrected to an intraday low of $54.12, however, the bulls stepped in and pushed the price higher to close in the green at $56.49 with a gain of 5.51% for the day. The total traded volume for the day was 6,095,531. The stock had closed at $53.54 in the previous trading session.

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 7.19% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.71%, 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 2.23% in the last 1 week, and is up 7.05% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

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.