Anadarko Petroleum (NASDAQ:APC) Releases Quarterly Earnings Results, Misses Estimates By $0.10 EPS

Anadarko Petroleum (NASDAQ:APC) issued its quarterly earnings results on Thursday. The oil and gas development company reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by ($0.10), FiscalAI reports. The company had revenue of $1.84 billion for the quarter. Anadarko Petroleum’s quarterly revenue was up 27.4% on a year-over-year basis.

Here are the key takeaways from Anadarko Petroleum’s conference call:

• USPP acquisition expected later this year will add approximately 280 million annual wholesale gallons, more than 400 locations, two fuel terminals, and transportation assets. Management expects the transaction to contribute about $30 million of annual adjusted EBITDA and generate additional synergies beginning in 2027.
• Second-quarter net income increased to $12.2 million from $10.0 million, while adjusted EBITDA rose 4% to $39.8 million and Discretionary Cash Flow grew 12% to $27.1 million.
• Wholesale fuel contribution rose 3.7% despite a 4.6% decline in gallons, supported by higher blended margins, while fleet-fueling contribution declined modestly because margins normalized and inventory costs temporarily compressed profitability.
• APC maintained its 2026 outlook for approximately $156 million of adjusted EBITDA and $110 million of Discretionary Cash Flow, declared its quarterly $0.50-per-share dividend, and reported substantial liquidity with leverage of 2.2x before the acquisition.

Anadarko Petroleum Stock Performance

Shares of APC opened at $19.44 on Friday. The company has a market cap of $244.36 million and a price-to-earnings ratio of 45.21. The business’s fifty day simple moving average is $19.60 and its two-hundred day simple moving average is $26.30. Anadarko Petroleum has a 12 month low of $17.00 and a 12 month high of $21.72. The company has a current ratio of 1.05, a quick ratio of 0.92 and a debt-to-equity ratio of 1.13.

Analysts Set New Price Targets

A number of brokerages have weighed in on APC. Weiss Ratings initiated coverage on shares of Anadarko Petroleum in a report on Thursday, May 28th. They issued a “sell (e)” rating on the stock. Mizuho upped their price target on Anadarko Petroleum from $20.00 to $22.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 28th. Finally, Zacks Research cut Anadarko Petroleum from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 10th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $22.00.

Anadarko Petroleum Company Profile

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.