Wall Street analysts forecast that Anadarko Petroleum Co. (NYSE:APC) will report $0.25 earnings per share (EPS) for the current quarter, according to Zacks. Eight analysts have made estimates for Anadarko Petroleum’s earnings, with the highest EPS estimate coming in at $0.63 and the lowest estimate coming in at ($0.13). Anadarko Petroleum reported earnings per share of $0.52 in the same quarter last year, which would suggest a negative year over year growth rate of 51.9%. The firm is expected to report its next quarterly earnings results on Tuesday, May 7th.

According to Zacks, analysts expect that Anadarko Petroleum will report full-year earnings of $1.45 per share for the current year, with EPS estimates ranging from $0.12 to $2.54. For the next financial year, analysts expect that the business will post earnings of $2.54 per share, with EPS estimates ranging from $0.59 to $10.25. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side analysts that cover Anadarko Petroleum.

Anadarko Petroleum (NYSE:APC) last issued its quarterly earnings results on Tuesday, February 5th. The oil and gas development company reported $0.38 EPS for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.19). Anadarko Petroleum had a net margin of 4.60% and a return on equity of 10.14%. The business had revenue of $3.35 billion for the quarter, compared to the consensus estimate of $3.47 billion. During the same quarter in the previous year, the business earned $0.18 earnings per share. The firm’s revenue was up 14.3% on a year-over-year basis.

A number of brokerages have commented on APC. Jefferies Financial Group increased their price target on shares of Anadarko Petroleum from $84.00 to $90.00 and gave the company a “buy” rating in a research report on Friday, November 16th. Credit Suisse Group set a $89.00 price target on shares of Anadarko Petroleum and gave the company a “buy” rating in a research report on Friday, November 16th. Piper Jaffray Companies reiterated a “buy” rating and set a $87.00 price target on shares of Anadarko Petroleum in a research report on Monday, November 19th. Mitsubishi UFJ Financial Group dropped their price objective on Anadarko Petroleum to $92.00 and set an “overweight” rating for the company in a research note on Friday, November 16th. Finally, JPMorgan Chase & Co. reissued a “buy” rating on shares of Anadarko Petroleum in a research note on Friday, November 16th. Seven research analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company. Anadarko Petroleum presently has an average rating of “Buy” and an average price target of $75.84.

A number of hedge funds have recently made changes to their positions in the stock. Dorsey & Whitney Trust CO LLC lifted its stake in Anadarko Petroleum by 3.1% in the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 8,713 shares of the oil and gas development company’s stock worth $383,000 after acquiring an additional 265 shares during the period. Kaizen Advisory LLC lifted its stake in Anadarko Petroleum by 24.2% in the fourth quarter. Kaizen Advisory LLC now owns 1,390 shares of the oil and gas development company’s stock worth $61,000 after acquiring an additional 271 shares during the period. Sumitomo Life Insurance Co. lifted its stake in Anadarko Petroleum by 1.9% in the fourth quarter. Sumitomo Life Insurance Co. now owns 15,779 shares of the oil and gas development company’s stock worth $692,000 after acquiring an additional 300 shares during the period. Advisory Services Network LLC lifted its stake in Anadarko Petroleum by 5.5% in the fourth quarter. Advisory Services Network LLC now owns 6,261 shares of the oil and gas development company’s stock worth $274,000 after acquiring an additional 329 shares during the period. Finally, Moody National Bank Trust Division lifted its stake in Anadarko Petroleum by 0.6% in the fourth quarter. Moody National Bank Trust Division now owns 70,901 shares of the oil and gas development company’s stock worth $3,109,000 after acquiring an additional 400 shares during the period. 86.16% of the stock is owned by institutional investors.

NYSE APC traded up $0.03 on Friday, reaching $44.25. 152,900 shares of the company’s stock traded hands, compared to its average volume of 5,480,226. Anadarko Petroleum has a 12 month low of $40.40 and a 12 month high of $76.70. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.81 and a quick ratio of 0.81. The stock has a market capitalization of $22.01 billion, a P/E ratio of 19.58, a PEG ratio of 1.98 and a beta of 1.54.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 27th. Stockholders of record on Wednesday, March 13th will be paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.71%. The ex-dividend date of this dividend is Tuesday, March 12th. Anadarko Petroleum’s dividend payout ratio (DPR) is presently 53.10%.

About Anadarko Petroleum

Anadarko Petroleum Corporation engages in the exploration, development, production, and marketing of oil and gas properties. It operates through three segments: Exploration and Production, WES Midstream, and Other Midstream. The company explores for and produces oil, natural gas, and natural gas liquids (NGLs).

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Earnings History and Estimates for Anadarko Petroleum (NYSE:APC)

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