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why is anadarko stock down

For 32 years, our Strong Buy list has averaged returns more than twice the market. Anadarko Petroleum (APC) is falling Monday after Brent crude fell below $100 a barrel for the first time in more than a year. The gains were partially offset by a loss of $1.04 on impairments and a charge of $0.04  for uncertain tax positions.Total RevenueIn the reported quarter, Anadarko Petroleum’s revenues of $3,767 million surpassed the Zacks Consensus Estimate of $2,658 million by 41.7%. The magnitude of this revision also indicates a downward shift. At this time, Anadarko's stock has a nice Growth Score of 'B', though it is lagging a lot on the momentum front with an 'F'. The revenue growth greatly exceeded the industry average of 3.5%. If you aren't focused on one strategy, this score is the one you should be interested in. Anadarko Petroleum Corporation Price and Consensus | Anadarko Petroleum Corporation Quote. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. We expect an in-line return from the stock in the next few months. The monthly returns are then compounded to arrive at the annual return. Anadarko Petroleum has a Zacks Rank #3 (Hold). At this time, Anadarko's stock has a nice Growth Score of 'B', though it is lagging a lot on the momentum front with an 'F'. It turns out, fresh estimates flatlined during the past month. Real time prices by BATS. Will the recent negative trend continue leading up to its next earnings release, or is Anadarko Petroleum due for a breakout? Although the company had a strong debt-to-equity ratio, its quick ratio of 0.78 is somewhat weak and could be cause for future problems. Privacy Policy | No cost, no obligation to buy anything ever. NYSE and AMEX data is at least 20 minutes delayed. A recent pick, Maxar, skyrocketed +178.7% in 3 months. Anadarko, recognizing Oxy’s stock would be a weaker currency and that the bidder would require a shareholder vote, had reportedly sought extra measures, such as a collar to protect … Action Alerts PLUS is a registered trademark of TheStreet, Inc. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms and Conditions of Service. The debt-to-equity ratio is somewhat low, currently at 0.69, and is less than that of the industry average, implying that there has been a relatively successful effort in the management of debt levels. Overall, the stock has an aggregate VGM Score of 'C'. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. ZacksTrade and Zacks.com are separate companies. Also, the top line was up 21.2% year over year. The lower crude prices followed reports that China's import growth fell for the second consecutive month in August. Delayed quotes by Sungard. It has been about a month since the last earnings report for Anadarko Petroleum Corporation APC . We use cookies to understand how you use our site and to improve your experience. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Currently, Anadarko Petroleum has a great Growth Score of A, though it is lagging a lot on the Momentum Score front with an F. However, the stock was allocated a grade of B on the value side, putting it in the second quintile for this investment strategy. Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Will the recent negative trend continue leading up to the stock's next earnings release, or is it due for a breakout? Real time prices by BATS. Compared to other companies in the Oil, Gas & Consumable Fuels industry and the overall market, ANADARKO PETROLEUM CORP's return on equity significantly trails that of both the industry average and the S&P 500. Experts have chosen 7 stocks out of 220 Zacks Rank #1 Strong Buys that have the highest potential to increase in price quickly amid the global health crisis. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. NEW YORK (TheStreet) -- Anadarko Petroleum (APC) - Get Report was falling -2.6% to $106.75 Monday after Brent crude fell below $100 a barrel for the first time in more than a year. VGM Scores. Privacy Policy | No cost, no obligation to buy anything ever. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. A Peak Week for S&P 500 Earnings: Global Week Ahead, Coronavirus Cases Hit All-Time High: 5 Must-Buy Stocks, 7 Consumer Discretionary Stocks to Buy Ahead of Q3 Earnings, AWS 10/26: Europe Covid Cases Dampen World Markets. Overall, the stock has an aggregate VGM Score of B. How Have Estimates Been Moving Since Then? However, the stock was allocated a grade of 'C' on the value side, putting it in the middle 20% for this investment strategy. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. Following the release, investors have witnessed a downward trend in fresh estimates. For over three decades, our Strong Buy list has averaged returns more than twice the market. Anadarko Petroleum Corporation Price and Consensus, Anadarko Petroleum Corporation Price and Consensus | Anadarko Petroleum Corporation Quote. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. A recent pick, Maxar, skyrocketed +178.7% in 3 months. Return on equity has greatly decreased when compared to its ROE from the same quarter one year prior. These returns cover a period from January 1, 1988 through August 31, 2020. August 30, 2018. It has been about a month since the last earnings report for Anadarko Petroleum Corporation . Why Anadarko Petroleum's Stock Rocketed 60% Higher in April Warren Buffett’s Bold Oil Deal Doesn’t Make Much Sense Anadarko Petroleum Reports Solid … Since 1988 it has more than doubled the S&P 500 with an average gain of +24.53% per year. Brent crude oil fell 1.1% to $99.70 a barrel, going as low as a 16-month low of $99.36 a barrel. Learn more. A Peak Week for S&P 500 Earnings: Global Week Ahead, Coronavirus Cases Hit All-Time High: 5 Must-Buy Stocks, 7 Consumer Discretionary Stocks to Buy Ahead of Q3 Earnings, AWS 10/26: Europe Covid Cases Dampen World Markets. U.S. Onshore assets delivered sales volumes of 417,000 BOE/d on a divestiture-adjusted basis, an increase of 18.5% from the prior-year quarter.The company’s total costs and expenses in the second quarter declined 11.2% year over year to $2,472 million, primarily due to lower exploration and Oil and gas transportation expenses.Interest expenses came in at $237 million, increasing 3.5% from $229 million in the year-ago quarter.Financial ConditionAnadarko Petroleum had cash and cash equivalents of $2,321 million as of Jun 30, 2018, down substantially from $4,553 million as of Dec 31, 2017.Long-term debt as of Jun 30, 2018 was $15,355 million, reflecting a reduction from $15,547 million as of Dec 31, 2017.The company’s net cash flow from operating activities during the quarter under consideration was $1,225 million compared with $857 million recorded in the prior-year period.GuidanceAnadarko Petroleum expects average daily oil sales volume in the range of 652,000-707,000 BOE/d for third-quarter 2018.It expects capital expenditure in the band of $1,050-$1,250 million for third-quarter 2018.Anadarko Petroleum anticipates average daily oil sales volume in the range of 658,000-685,000 BOE/d for 2018.It estimates 2018 capital expenditure between $4,500 million and $4,800 million.

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