Anadarko Petroleum Corporation (APC) : Thursdays money flow analysis of Anadarko Petroleum Corporation (APC) indicates the selling of stock on the strength of price. The investors sold the stock on every rise as seen in the downtick transactions of $57.72 million. In comparison, the inflow of money on upticks was a meager $46.71 million. The dollar value of composite uptick trades minus the downtick trades was negative $11.01 million. The uptick to downtick ratio of 0.81 in the money flow shows weakness. The uptick block trades were valued at $4 million. The downtick transaction value was high at $14.67 million, which denotes distribution on strength. The uptick to downtick ratio of block trades was 0.27. Hence, the net money flow in the stock was negative ($10.66 million). Anadarko Petroleum Corporation (APC) gained $0.02 at $55.21, a change of 0.04% over the previous days close.
Anadarko Petroleum Corporation (APC) has been rated by 16 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $108 and the lowest price target forecast is $46. The average forecast of all the analysts is $66 and the expected standard deviation is $15.54. The stock has recorded a 20-day Moving Average of 2.75% and the 50-Day Moving Average is 6.94%.
Anadarko Petroleum Corporation (NYSE:APC): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $55.93 and $54.64 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $57.35. The buying momentum continued till the end and the stock did not give up its gains. It closed at $55.22, notching a gain of 0.05% for the day. The total traded volume was 4,874,231 . The stock had closed at $55.19 on the previous day.
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.