Anadarko Petroleum Corporation (APC) has risen sharply, recording gains of 0.27% in the past 4 weeks. However, the stock has corrected -1.61% in the past 1 week, providing a good buying opportunity on dips. Anadarko Petroleum Corporation (APC) : During the past 4 weeks, traders have been relatively bearish on Anadarko Petroleum Corporation (APC), hence the stock is down -3.93% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -3.06% relative to the S&P 500. The stock has recorded a 20-day Moving Average of 1.12% and the 50-Day Moving Average is 5.67%.
Anadarko Petroleum Corporation (NYSE:APC): The stock opened at $55.83 on Friday but the bulls could not build on the opening and the stock topped out at $55.88 for the day. The stock traded down to $54.69 during the day, due to lack of any buying support eventually closed down at $55.01 with a loss of -0.92% for the day. The stock had closed at $55.52 on the previous day. The total traded volume was 4,280,089 shares.
The company Insiders own 0.53% of Anadarko Petroleum Corporation shares according to the proxy statements. Institutional Investors own 87.12% of Anadarko Petroleum Corporation shares. In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Anadarko Petroleum Corp, Fluor Peter J, had purchased 7,527 shares in a transaction dated on January 21, 2016. The transaction was executed at $30.55 per share with total amount equaling $229,950.
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.