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Anadarko Petroleum Co. (NYSE:APC) – Analysts at Capital One Financial Corp. issued their Q2 2016 earnings per share estimates for Anadarko Petroleum in a research report issued on Wednesday, according to Zacks Investment Research. Capital One Financial Corp. analyst P. Johnston expects that the brokerage will post earnings of ($0.65) per share for the quarter. The consensus estimate for Anadarko Petroleum’s Q2 2016 earnings is ($0.98) per share. Capital One Financial Corp. also issued estimates for Anadarko Petroleum’s FY2016 earnings at ($2.80) EPS.

Anadarko Petroleum (NYSE:APC) last announced its quarterly earnings data on Monday, February 1st. The oil and gas development company reported ($0.57) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($1.09) by $0.52. During the same period in the prior year, the firm earned $0.37 EPS. The business earned $2.05 billion during the quarter, compared to analyst estimates of $2.22 billion.

Several other research analysts have also recently weighed in on APC. Citigroup Inc. raised Anadarko Petroleum from a “neutral” rating to a “buy” rating and set a $78.00 price objective on the stock in a research report on Tuesday, January 5th. Deutsche Bank cut Anadarko Petroleum from a “buy” rating to a “hold” rating and dropped their price target for the company from $85.00 to $60.00 in a research report on Thursday, January 7th. Seaport Global Securities cut Anadarko Petroleum from a “buy” rating to an “accumulate” rating and dropped their price target for the company from $92.00 to $44.00 in a research report on Wednesday, January 13th. KLR Group dropped their price target on Anadarko Petroleum from $98.00 to $85.00 in a research report on Tuesday, January 19th. Finally, Nomura dropped their price target on Anadarko Petroleum from $86.00 to $51.00 and set a “buy” rating on the stock in a research report on Thursday, January 21st. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating, twenty-three have given a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $71.99.

Shares of Anadarko Petroleum (NYSE:APC) traded up 5.04% during trading on Friday, hitting $52.55. 6,365,023 shares of the stock traded hands. The company’s market cap is $26.72 billion. Anadarko Petroleum has a 1-year low of $28.16 and a 1-year high of $95.75. The company has a 50 day moving average of $47.15 and a 200-day moving average of $50.54.

Other hedge funds and institutional investors recently bought and sold shares of the company. Russell Frank Co raised its position in Anadarko Petroleum by 18.4% in the fourth quarter. Russell Frank Co now owns 2,361,704 shares of the oil and gas development company’s stock worth $114,312,000 after buying an additional 367,055 shares during the period. Sarasin & Partners raised its position in Anadarko Petroleum by 49.9% in the fourth quarter. Sarasin & Partners now owns 1,608,962 shares of the oil and gas development company’s stock worth $78,163,000 after buying an additional 535,723 shares during the period. Nikko Asset Management Americas raised its position in Anadarko Petroleum by 6.7% in the fourth quarter. Nikko Asset Management Americas now owns 320,436 shares of the oil and gas development company’s stock worth $15,503,000 after buying an additional 20,200 shares during the period. Quantres Asset Management raised its position in Anadarko Petroleum by 124.2% in the fourth quarter. Quantres Asset Management now owns 37,000 shares of the oil and gas development company’s stock worth $1,797,000 after buying an additional 20,500 shares during the period. Finally, Alta Advisers Ltd raised its position in Anadarko Petroleum by 47.5% in the fourth quarter. Alta Advisers Ltd now owns 52,699 shares of the oil and gas development company’s stock worth $2,560,000 after buying an additional 16,980 shares during the period.

Anadarko Petroleum Corporation is an independent exploration and production company. The Company is engaged in the exploration, development, production, and marketing of natural gas, oil, condensate, natural gas liquids (NYSE:APC), and anticipated production of liquefied natural gas (LNG).

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