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

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

A number of brokerages have recently issued reports on APC. Zacks Research lowered Anadarko Petroleum from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 10th. Weiss Ratings assumed coverage on Anadarko Petroleum in a research note on Thursday, May 28th. They set a “sell (e)” rating for the company.

Anadarko Petroleum Price Performance

APC opened at $20.78 on Friday. Anadarko Petroleum has a twelve month low of $17.00 and a twelve month high of $21.72. The firm has a market cap of $261.20 million, a price-to-earnings ratio of 48.33, a PEG ratio of 5.64 and a beta of 1.64. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 1.95. The company has a fifty day simple moving average of $19.63 and a 200 day simple moving average of $31.79.

Anadarko Petroleum (NASDAQ:APC) last issued its quarterly earnings data on Friday, May 15th. The oil and gas development company reported $0.20 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%. Anadarko Petroleum’s revenue for the quarter was down .2% on a year-over-year basis. Equities research analysts expect that Anadarko Petroleum will post 1.97 EPS for the current fiscal year.

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.