Anadarko Petroleum Corp (NYSE:APC): Positive Stock Sentiment

September 30, 2018 - By Carolyn Hewitt

Anadarko Petroleum Corporation (NYSE:APC) Logo

Sentiment for Anadarko Petroleum Corp (NYSE:APC)

Anadarko Petroleum Corp (NYSE:APC) institutional sentiment increased to 0.92 in Q2 2018. Its up 0.04, from 0.88 in 2018Q1. The ratio is better, as 290 investment managers opened new or increased holdings, while 316 sold and trimmed stock positions in Anadarko Petroleum Corp. The investment managers in our partner’s database reported: 428.61 million shares, down from 447.00 million shares in 2018Q1. Also, the number of investment managers holding Anadarko Petroleum Corp in their top 10 holdings increased from 11 to 17 for an increase of 6. Sold All: 46 Reduced: 270 Increased: 192 New Position: 98.

Anadarko Petroleum Corporation engages in the exploration, development, production, and marketing of gas and oil properties. The company has market cap of $34.52 billion. It operates through three divisions: Oil and Gas Exploration and Production, Midstream, and Marketing. It has a 85.76 P/E ratio. The Oil and Gas Exploration and Production segment explores for and produces oil, natural gas, and natural gas liquids .

The stock increased 1.37% or $0.91 during the last trading session, reaching $67.41. About 3.54M shares traded. Anadarko Petroleum Corporation (NYSE:APC) has risen 47.92% since September 30, 2017 and is uptrending. It has outperformed by 32.30% the S&P500.

Analysts await Anadarko Petroleum Corporation (NYSE:APC) to report earnings on October, 30. They expect $0.90 EPS, up 216.88 % or $1.67 from last year’s $-0.77 per share. APC’s profit will be $460.87M for 18.73 P/E if the $0.90 EPS becomes a reality. After $0.54 actual EPS reported by Anadarko Petroleum Corporation for the previous quarter, Wall Street now forecasts 66.67 % EPS growth.

Brenham Capital Management L.P. holds 10.67% of its portfolio in Anadarko Petroleum Corporation for 1.15 million shares. Oslo Asset Management As owns 412,300 shares or 8.28% of their US portfolio. Moreover, Mitchell Group Inc has 6.83% invested in the company for 537,808 shares. The Texas-based Caymus Capital Partners L.P. has invested 6.73% in the stock. Elm Ridge Management Llc, a New York-based fund reported 181,067 shares.

Anadarko Petroleum Corporation (NYSE:APC) Ratings Coverage

Ratings analysis reveals 77% of Anadarko Petroleum’s analysts are positive. Out of 13 Wall Street analysts rating Anadarko Petroleum, 10 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $70 while the high is $102. The stock’s average target of $81.55 is 20.98% above today’s ($67.41) share price. APC was included in 18 notes of analysts from April 13, 2018. The stock of Anadarko Petroleum Corporation (NYSE:APC) has “Buy” rating given on Tuesday, July 10 by Stifel Nicolaus. The firm has “Positive” rating given on Wednesday, August 1 by Susquehanna. Susquehanna maintained it with “Buy” rating and $8500 target in Thursday, April 19 report. As per Tuesday, September 4, the company rating was maintained by Morgan Stanley. The stock of Anadarko Petroleum Corporation (NYSE:APC) earned “Buy” rating by Jefferies on Wednesday, April 25. The rating was reinitiated by PiperJaffray on Friday, September 28 with “Overweight”. The company was maintained on Wednesday, May 2 by Stifel Nicolaus. On Wednesday, August 15 the stock rating was downgraded by Johnson Rice to “Accumulate”. Credit Suisse maintained the shares of APC in report on Monday, July 2 with “Outperform” rating. The stock of Anadarko Petroleum Corporation (NYSE:APC) earned “Buy” rating by RBC Capital Markets on Friday, April 13.

More important recent Anadarko Petroleum Corporation (NYSE:APC) news were published by: which released: “Analysis: Positioning to Benefit within ConocoPhillips, Sabre, Anadarko Petroleum, American Eagle Outfitters, DaVita …” on September 28, 2018, also published article titled: “Oil jumps as Gulf rigs evacuated”, published: “Why Jim Hackett’s ‘sacred mission’ led him from Anadarko’s boardroom to the classroom” on September 21, 2018. More interesting news about Anadarko Petroleum Corporation (NYSE:APC) was released by: and their article: “4 Days Left Before Anadarko Petroleum Corporation (NYSE:APC) Will Start Trading Ex-Dividend, Is It Worth Buying?” with publication date: September 06, 2018.

Anadarko Petroleum Corporation (NYSE:APC) Institutional Positions Chart

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