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

Shares of Anadarko Petroleum Co. (NASDAQ:APC) have received an average recommendation of “Moderate Buy” from the six research firms that are covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $21.60.

A number of equities analysts recently weighed in on the stock. Raymond James Financial initiated coverage on shares of Anadarko Petroleum in a research note on Monday, March 9th. They set a “strong-buy” rating and a $23.00 target price for the company. UBS Group started coverage on Anadarko Petroleum in a research report on Monday, March 9th. They issued a “buy” rating and a $22.00 price objective for the company. Mizuho started coverage on Anadarko Petroleum in a research report on Monday, March 9th. They issued a “neutral” rating and a $20.00 price objective for the company. Stifel Nicolaus started coverage on Anadarko Petroleum in a research report on Monday, March 9th. They issued a “buy” rating and a $22.00 price objective for the company. Finally, Capital One Financial started coverage on Anadarko Petroleum in a research report on Monday, March 9th. They issued an “overweight” rating and a $21.00 price objective for the company.

Anadarko Petroleum Price Performance

APC stock opened at $19.34 on Monday. The company has a fifty day moving average price of $18.47 and a 200-day moving average price of $50.59. The company has a market capitalization of $243.10 million, a P/E ratio of 84.09, a PEG ratio of 5.64 and a beta of 1.64. Anadarko Petroleum has a 52-week low of $17.00 and a 52-week high of $19.80. The company has a debt-to-equity ratio of 1.95, a quick ratio of 0.92 and a current ratio of 0.92.

Anadarko Petroleum (NASDAQ:APC) last released its quarterly earnings results on Monday, March 30th. The oil and gas development company reported $0.23 earnings per share (EPS) for the quarter. The firm had revenue of $1.31 billion during the quarter. Anadarko Petroleum had a negative net margin of 4.20% and a positive return on equity of 10.49%. As a group, equities analysts expect that Anadarko Petroleum will post 1.97 EPS for the current year.

Anadarko Petroleum Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, April 21st. Stockholders of record on Friday, April 10th were given a $0.26 dividend. The ex-dividend date of this dividend was Friday, April 10th. Anadarko Petroleum’s dividend payout ratio (DPR) is 452.17%.

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.