Anadarko Petroleum Co. (NASDAQ:APC) Receives Average Rating of “Moderate Buy” from Analysts

Anadarko Petroleum Co. (NASDAQ:APC) has earned an average rating of “Moderate Buy” from the seven ratings firms that are currently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, three have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $21.60.

A number of analysts recently commented on the stock. Mizuho assumed coverage on shares of Anadarko Petroleum in a report on Monday, March 9th. They set a “neutral” rating and a $20.00 price objective on the stock. Weiss Ratings assumed coverage on shares of Anadarko Petroleum in a report on Thursday, May 28th. They set a “sell (e)” rating on the stock. Capital One Financial assumed coverage on shares of Anadarko Petroleum in a report on Monday, March 9th. They set an “overweight” rating and a $21.00 price objective on the stock. Stifel Nicolaus assumed coverage on shares of Anadarko Petroleum in a report on Monday, March 9th. They set a “buy” rating and a $22.00 price objective on the stock. Finally, UBS Group assumed coverage on shares of Anadarko Petroleum in a report on Monday, March 9th. They set a “buy” rating and a $22.00 price objective on the stock.

Anadarko Petroleum Trading Up 0.5%

Shares of Anadarko Petroleum stock opened at $18.48 on Tuesday. Anadarko Petroleum has a 52-week low of $17.00 and a 52-week high of $21.72. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 1.95. The company’s 50-day simple moving average is $19.37 and its 200-day simple moving average is $38.68. The firm has a market cap of $232.29 million, a price-to-earnings ratio of 42.98, a price-to-earnings-growth ratio of 5.64 and a beta of 1.64.

Anadarko Petroleum (NASDAQ:APC) last issued its quarterly earnings results on Friday, May 15th. The oil and gas development company reported $0.20 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.20. Anadarko Petroleum had a negative net margin of 4.20% and a positive return on equity of 10.49%. The company’s revenue for the quarter was down .2% on a year-over-year basis. As a group, equities research analysts anticipate that Anadarko Petroleum will post 1.97 earnings per share for the current year.

Anadarko Petroleum Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, April 21st. Investors of record on Friday, April 10th were issued a dividend of $0.26 per share. The ex-dividend date of this dividend was Friday, April 10th. Anadarko Petroleum’s payout ratio is currently 241.86%.

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). It is also involved in gathering, processing, treating, and transporting oil, natural-gas, and NGLs production, as well as the gathering and disposal of produced water. The company's oil and natural gas properties are located in the United States onshore and deepwater Gulf of Mexico; and Algeria, Ghana, Mozambique, Colombia, Peru, and other countries.