Media stories about Anadarko Petroleum (NYSE:APC) have trended somewhat positive this week, according to Accern. The research group identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Anadarko Petroleum earned a daily sentiment score of 0.13 on Accern’s scale. Accern also gave news stories about the oil and gas development company an impact score of 46.3452980237395 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the media headlines that may have effected Accern Sentiment’s scoring:
- Eye-Catching Shares – Anadarko Petroleum Corporation (NYSE: APC) – Alpha Beta Stock (alphabetastock.com)
- Amazon Becomes Biggest Position at Steven Cohen’s Point72 (finance.yahoo.com)
- Anadarko Petroleum (APC) Upgraded to Buy by Zacks Investment Research (americanbankingnews.com)
- Anadarko’s Big Play (seekingalpha.com)
- Blog Exposure – EP Energy Completed the Acquisition of Eagle Ford Acreage and Divestiture of Certain Altamont Acreage (finance.yahoo.com)
Shares of Anadarko Petroleum (NYSE:APC) traded down $1.15 during mid-day trading on Thursday, hitting $58.63. 1,585,811 shares of the stock traded hands, compared to its average volume of 5,891,258. The company has a market cap of $31,286.47, a P/E ratio of -72.80, a price-to-earnings-growth ratio of 5.58 and a beta of 1.42. Anadarko Petroleum has a 12-month low of $39.96 and a 12-month high of $68.09. The company has a quick ratio of 2.03, a current ratio of 1.73 and a debt-to-equity ratio of 0.87.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 28th. Stockholders of record on Wednesday, March 14th will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 1.71%. This is an increase from Anadarko Petroleum’s previous quarterly dividend of $0.05. The ex-dividend date of this dividend is Tuesday, March 13th. Anadarko Petroleum’s dividend payout ratio (DPR) is presently -24.69%.
Anadarko Petroleum announced that its Board of Directors has approved a stock buyback plan on Wednesday, February 7th that permits the company to buyback $500.00 million in outstanding shares. This buyback authorization permits the oil and gas development company to repurchase shares of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s board of directors believes its shares are undervalued.
A number of equities research analysts have recently commented on APC shares. TheStreet upgraded shares of Anadarko Petroleum from a “d+” rating to a “c” rating in a report on Tuesday, February 6th. Scotiabank set a $62.00 price target on shares of Anadarko Petroleum and gave the company a “buy” rating in a report on Saturday, November 25th. Royal Bank of Canada set a $63.00 target price on shares of Anadarko Petroleum and gave the stock a “buy” rating in a report on Wednesday, December 20th. BMO Capital Markets raised their target price on shares of Anadarko Petroleum from $65.00 to $70.00 and gave the stock an “outperform” rating in a report on Thursday, February 8th. Finally, Barclays raised their target price on shares of Anadarko Petroleum from $39.00 to $42.00 and gave the stock an “underweight” rating in a report on Thursday, December 21st. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and twenty have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $68.19.
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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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