News coverage about Anadarko Petroleum (NYSE:APC) has trended somewhat positive on Thursday, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Anadarko Petroleum earned a daily sentiment score of 0.22 on Accern’s scale. Accern also assigned media coverage about the oil and gas development company an impact score of 46.8671977949514 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the headlines that may have impacted Accern Sentiment’s scoring:
- Anadarko Petroleum Corporation (APC) Makes An Interesting Case Right Now (nismagazine.com)
- An Eye on Data – Anadarko Petroleum Corporation (NYSE: APC) – Alpha Beta Stock (alphabetastock.com)
- Stocks Messing With The Heads Of Investors: Chico’s FAS, Inc. (CHS), Anadarko Petroleum Corporation (APC) – Market Movers (financialqz.com)
- Anadarko Schedules Feb. 7 Conference Call To Discuss Year-End 2017 Results and 2018 Capital Program (prnewswire.com)
- 3 Big Stock Charts This Afternoon: Anadarko Petroleum, Noble Energy and Exxon Mobil – Investorplace.com (investorplace.com)
Anadarko Petroleum (NYSE APC) traded down $0.68 during trading hours on Thursday, reaching $58.29. 4,218,064 shares of the company were exchanged, compared to its average volume of 5,270,000. Anadarko Petroleum has a 1-year low of $39.96 and a 1-year high of $71.97. The company has a quick ratio of 2.03, a current ratio of 2.03 and a debt-to-equity ratio of 1.11. The firm has a market cap of $31,890.00, a price-to-earnings ratio of -16.47 and a beta of 1.38.
The business also recently declared a quarterly dividend, which was paid on Wednesday, December 27th. Shareholders of record on Wednesday, December 13th were given a $0.05 dividend. The ex-dividend date of this dividend was Tuesday, December 12th. This represents a $0.20 annualized dividend and a yield of 0.34%. Anadarko Petroleum’s dividend payout ratio is -5.65%.
Anadarko Petroleum announced that its board has initiated a stock repurchase program on Wednesday, September 20th that authorizes the company to repurchase $2.50 billion in outstanding shares. This repurchase authorization authorizes the oil and gas development company to purchase up to 10% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.
APC has been the topic of several analyst reports. Stifel Nicolaus set a $73.00 price target on shares of Anadarko Petroleum and gave the stock a “buy” rating in a research note on Thursday, October 5th. Royal Bank of Canada restated a “buy” rating and set a $62.00 price target on shares of Anadarko Petroleum in a research note on Friday, September 29th. Scotiabank restated a “buy” rating and set a $64.00 price target on shares of Anadarko Petroleum in a research note on Friday, September 22nd. Mitsubishi UFJ Financial Group restated a “buy” rating and set a $66.00 price target on shares of Anadarko Petroleum in a research note on Thursday, September 21st. Finally, Citigroup dropped their price target on shares of Anadarko Petroleum from $60.00 to $58.00 and set a “buy” rating on the stock in a research note on Friday, October 13th. Three research analysts have rated the stock with a sell rating, five have given a hold rating and nineteen have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $65.00.
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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