Argentus Capital Management LLC bought a new position in Anadarko Petroleum during the third quarter worth about $121,000. The oil and gas development company reported ($0.50) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.44) by $0.06. Comerica Bank's holdings in Anadarko Petroleum Corporation were worth $12,506,000 as of its most recent SEC filing. It turned negative, as 59 investors sold Anadarko Petroleum Corporation shares while 242 reduced holdings. The Hartwell J M Limited Partnership holds 118,350 shares with $8.25 million value, up from 20,175 last quarter. Rockland Trust Co. raised its stake in shares of Occidental Petroleum by 19.3% in the first quarter. Carmignac Gestion now owns 13,944,742 shares of the oil and gas development company's stock worth $883,539,000 after buying an additional 325,000 shares during the period. Franklin Resources Inc. boosted its position in shares of Occidental Petroleum by 13.5% in the fourth quarter. Northern Trust Corp now owns 10,502,664 shares of the company's stock worth $765,854,000 after buying an additional 242,646 shares during the last quarter. Therefore, the stated figure displays a quarterly performance of -3.68% and year to date performance of -1.11%.
If we look at the Volatility of the company, Week Volatility is 1.61%, whereas Month Volatility is at 1.55%. Hedge funds and other institutional investors own 88.16% of the company's stock.
Occidental Petroleum Corporation (NYSE:OXY) had an increase of 2.63% in short interest.
The share price of Occidental Petroleum Corporation (NYSE:OXY) was down -1.18% during the last trading session, with a day high of 63.12. Occidental Petroleum Corporation (OXY) has the market capitalization of 48.96 Billion. Stifel Nicolaus Upgrades Anadarko Petroleum Corporation (APC) to Buy with no specific Price Target. Shares are trading -18.46% below their 50-day moving average, and -12.66% below their 200-day moving average. GORDON JOHN R also sold $459,750 worth of Anadarko Petroleum Corporation (NYSE:APC) on Thursday, November 10.
As analysts monitor volatile markets in recent weeks they have updated their price targets on shares of Anadarko Petroleum Corporation (NYSE:APC). Anadarko Petroleum had a negative return on equity of 10.57% and a negative net margin of 39.03%.
The company's expected revenue in the current quarter to be 2.71 Billion, seeing a projected current quarter growth of 80.4%, and per annum growth estimates over the next 5 year period of around 8.4%. During the same quarter in the prior year, the firm earned ($0.17) earnings per share. On average, equities research analysts expect that Anadarko Petroleum Co. will post ($0.18) EPS for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, April 14th.
The stock now has its Annual Dividend of $0.2 and an annual Dividend Yield of 0.33 Percent. 15,000 shares were bought by Hollub Vicki A., worth $940,800 on Monday, March 13. Moreover, Hightower Advsr Lc has 0.06% invested in Occidental Petroleum Corporation (NYSE:OXY). Global X Management Co. "(APC)" was posted by BBNS and is the property of of BBNS. Scotiabank set a $75.00 price target on shares of Anadarko Petroleum and gave the stock a "buy" rating in a report on Monday, March 27th. Ariel Investments Ltd Liability Co reported 61,614 shares. Raymond James Financial, Inc. restated a "market perform" rating on shares of Anadarko Petroleum in a research note on Tuesday, January 3rd. Anadarko Petroleum Corporation (NYSE:APC) for the trailing twelve months paying dividend with the payout ratio of 0.00% to its shareholders. Finally, Evercore ISI cut Occidental Petroleum to a "buy" rating in a report on Friday, March 3rd. One research analyst has rated the stock with a sell rating, nine have given a hold rating, twenty-five have issued a buy rating and one has issued a strong buy rating to the company's stock.
Price Target is basically a projection of future price of a company's stock by the expert analysis of investment analysts or investment firms.
Anadarko Petroleum Corporation (Anadarko) is an independent exploration and production company. The oil and gas segment explores for, develops and produces oil and condensate, natural gas liquids (NGLs) and natural gas. The Company's segments include Oil and Gas Exploration and Production; Midstream, and Marketing. The Company's security products include disc tumbler locks; pin tumbler locking mechanisms, and CompX eLock and StealthLock electronic locks.