Anadarko Petroleum (APC) Receives Daily Coverage Optimism Score of 0.16
Media coverage about Anadarko Petroleum (NYSE:APC) has been trending somewhat positive this week, AlphaOne Sentiment reports. The research firm, a unit of Accern, scores the sentiment of press coverage by reviewing more than twenty million blog and news sources in real-time. AlphaOne ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Anadarko Petroleum earned a news sentiment score of 0.16 on AlphaOne’s scale. AlphaOne also assigned news coverage about the oil and gas development company an impact score of 83 out of 100, indicating that recent press coverage is very likely to have an effect on the company’s share price in the next few days.
Here are some of the media stories that may have impacted Alpha One Sentiment’s analysis:
- The Buffington Mohr McNeal Lowers Stake in Anadarko Petroleum Co. (APC) – BangaloreWeekly (bangaloreweekly.com)
- Anadarko Petroleum’s (APC) “Buy” Rating Reiterated at Bank of America Corp – The Momentous News (momentousnews.com)
- Anadarko Petroleum Co. (APC) Stock Rating Reaffirmed by Stifel Nicolaus (americanbankingnews.com)
- INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Investors of Anadarko Petroleum Corporation of a Class Action Lawsuit and a Lead Plaintiff Deadline of July 3, 2017 (finance.yahoo.com)
- Lawsuit: Anadarko defrauded investors with ‘materially false’ info about Firestone explosion risk – The Denver Channel (thedenverchannel.com)
APC has been the subject of several research reports. Citigroup Inc reiterated a “buy” rating and issued a $85.00 target price (up from $82.00) on shares of Anadarko Petroleum in a research report on Saturday, March 11th. Bank of America Corp reiterated a “buy” rating on shares of Anadarko Petroleum in a research report on Thursday, May 11th. Atlantic Securities upgraded shares of Anadarko Petroleum from an “underweight” rating to a “neutral” rating in a research report on Wednesday, February 1st. Jefferies Group LLC restated a “buy” rating and set a $62.00 price target on shares of Anadarko Petroleum in a research report on Wednesday, March 22nd. Finally, Barclays PLC restated an “equal weight” rating and set a $57.00 price target (down from $59.00) on shares of Anadarko Petroleum in a research report on Saturday, April 22nd. One investment analyst has rated the stock with a sell rating, ten have given a hold rating, twenty have assigned a buy rating and one has given a strong buy rating to the company. Anadarko Petroleum has an average rating of “Buy” and an average price target of $76.85.
Anadarko Petroleum (NYSE:APC) traded down 0.44% during midday trading on Monday, hitting $51.84. 6,205,533 shares of the stock were exchanged. Anadarko Petroleum has a 12 month low of $48.67 and a 12 month high of $73.33. The firm’s 50 day moving average price is $56.13 and its 200 day moving average price is $63.81. The company’s market cap is $29.05 billion.
Anadarko Petroleum (NYSE:APC) last posted its quarterly earnings data on Tuesday, May 2nd. The oil and gas development company reported ($0.60) EPS for the quarter, missing the consensus estimate of ($0.26) by $0.34. The firm had revenue of $3.77 billion for the quarter, compared to the consensus estimate of $2.64 billion. Anadarko Petroleum had a negative return on equity of 10.57% and a negative net margin of 39.03%. On average, equities research analysts forecast that Anadarko Petroleum will post ($0.65) earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 28th. Shareholders of record on Wednesday, June 14th will be paid a dividend of $0.05 per share. The ex-dividend date of this dividend is Monday, June 12th. This represents a $0.20 dividend on an annualized basis and a yield of 0.39%. Anadarko Petroleum’s payout ratio is -3.37%.
In related news, Director Anthony R. Chase purchased 1,905 shares of the business’s stock in a transaction on Thursday, May 18th. The shares were acquired at an average price of $52.48 per share, for a total transaction of $99,974.40. Following the purchase, the director now owns 23,636 shares of the company’s stock, valued at approximately $1,240,417.28. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Chairman R A. Walker purchased 19,300 shares of the business’s stock in a transaction on Wednesday, May 17th. The shares were bought at an average price of $51.82 per share, for a total transaction of $1,000,126.00. Following the purchase, the chairman now directly owns 176,718 shares in the company, valued at approximately $9,157,526.76. The disclosure for this purchase can be found here. Insiders have acquired a total of 41,205 shares of company stock worth $2,136,700 in the last 90 days. 0.53% of the stock is currently owned by company insiders.
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Anadarko Petroleum Company Profile
Anadarko Petroleum Corporation (Anadarko) is an independent exploration and production company. The Company is engaged in developing, acquiring, and exploring for oil and natural-gas resources. The Company’s segments include Oil and Gas Exploration and Production; Midstream, and Marketing. The Company’s geographical segments include the United States and International.
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