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Anadarko Earnings Preview For Tuesday

Anadarko Petroleum Corporation  company logo

Anadarko Petroleum Corporation  (APC) 

Background:Anadarko Petroleum Corporation engages in the exploration, development, production, and marketing of natural gas, crude oil, condensate, and natural gas liquids(NGLs) in the United States, Algeria, and internationally. The company operates in three segments: Oil and Gas Exploration and Production; Midstream; and Marketing.

Anadarko is anticipated to report good third-quarter earnings after the market closes on October 28, 2014. The consensus estimate is currently $1.28 a share, an improvement of 15 cents (13.3%) from $1.13 during the same period last year.

$1.10 is the lowest analyst estimate I have examined, and they reach up to $1.63 per share. I will let you be the judge of who is right or wrong.

Anadarko pays $1.08 annually in dividend payments. The yield based on a recent price is 1.2%. In the last five years, the average yield was 0.60%.

26 analysts rate Anadarko a buy or strong buy out of 30 analysts. The company has 4 holds, and not a sell rating to be found. Investors haven't made progress this year. Shares in the company have fallen 7% from a year ago. The average analyst target price for Anadarko is $120.96.


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