Anadarko Petroleum Corporation (APC) : Syntal Capital Partners scooped up 44,927 additional shares in Anadarko Petroleum Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Nov 14, 2016. The investment management firm now holds a total of 49,877 shares of Anadarko Petroleum Corporation which is valued at $3,017,559.Anadarko Petroleum Corporation makes up approximately 3.06% of Syntal Capital Partners’s portfolio.
Other Hedge Funds, Including , Chicago Partners Investment Group boosted its stake in APC in the latest quarter, The investment management firm added 1,006 additional shares and now holds a total of 8,856 shares of Anadarko Petroleum Corporation which is valued at $535,788. Anadarko Petroleum Corporation makes up approx 0.22% of Chicago Partners Investment Group’s portfolio.Parkside Financial Bank Trust boosted its stake in APC in the latest quarter, The investment management firm added 85 additional shares and now holds a total of 308 shares of Anadarko Petroleum Corporation which is valued at $19,056. Anadarko Petroleum Corporation makes up approx 0.01% of Parkside Financial Bank Trust’s portfolio. Tfs Capital sold out all of its stake in APC during the most recent quarter. The investment firm sold 6,771 shares of APC which is valued $418,922.Bridgewater Associates Lp boosted its stake in APC in the latest quarter, The investment management firm added 6,100 additional shares and now holds a total of 155,480 shares of Anadarko Petroleum Corporation which is valued at $9,513,821. Anadarko Petroleum Corporation makes up approx 0.10% of Bridgewater Associates Lp’s portfolio.
Anadarko Petroleum Corporation opened for trading at $61.43 and hit $62.34 on the upside on Monday, eventually ending the session at $61.51, with a gain of 0.10% or 0.06 points. The heightened volatility saw the trading volume jump to 36,59,752 shares. Company has a market cap of $34,378 M.
On the company’s financial health, Anadarko Petroleum Corporation reported $-0.89 EPS for the quarter, missing the analyst consensus estimate by $ -0.33 based on the information available during the earnings call on Oct 31, 2016. Analyst had a consensus of $-0.56. The company had revenue of $1893.00 million for the quarter, compared to analysts expectations of $2176.13 million. The company’s revenue was up 12.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.72 EPS.
Investors should note that on Nov 10, 2016, Anadarko Petroleum Corporation announced a cash dividend of $0.0500. The company’s management has announced Dec 12, 2016 as the ex-dividend date and fixed the record date on Dec 14, 2016. The payable date has been fixed on Dec 28, 2016.
Many Wall Street Analysts have commented on Anadarko Petroleum Corporation. Anadarko Petroleum Corporation was Upgraded by Guggenheim to ” Buy” on Nov 11, 2016. Anadarko Petroleum Corporation was Upgraded by Credit Suisse to ” Outperform” on Nov 2, 2016. Company shares were Reiterated by Barclays on Oct 4, 2016 to “Equal Weight”, Firm has raised the Price Target to $ 60 from a previous price target of $50 .
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.