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Anadarko agrees to pay $4.0 billion to BP

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Anadarko Petroleum Corporation (NYSE:APC). Last Market Price: 73.2, Change: +2.63, % Change: (3.73%). Shares trade in the range of 72.54 – 74.84 dollars. It has a market capitalization of 36.44B dollars, making it a Large Cap Stock and has 497.81M outstanding shares. The company has a beta of 1.47, indicating, the stock to be more volatile than the market. As per the most recent quarterly report, the net income per share (EPS) is 1.7; P/E of 43.02. It operates in Energy sector and belongs to Oil and Gas Operations industry. Percentage shares held by institutional investors is 87%. The company has a 52 week high of $ 85.50 and a 52 week low of $ 55.65. Average volumes of shares traded daily are 4,810,000. Volume traded in the last session was at 3,330,000, 0.69 times the average volume.

  • APC agreed to pay $4.0 billion to BP in a settlement related to the Deepwater Horizon event
  • Anadarko Petroleum announced an agreement with BP to settle all of BP’s current and future claims against Anadarko associated with the Deepwater Horizon event.
  • Anadarko agrees to pay $4.0 billion to BP, and both parties have agreed to mutually release claims against each other.

For Q2 (Jun ’11), It had a Net profit margin of 15.29%, an Operating margin of 27.23%. Other Key stats and ratios are : Return on average assets of 4.31%, Return on average equity of 10.22%. The organization has an employee strength of 4,400

Consensus Recommendation is a Outperform.


Estimate for sales for the Quarter Ending Dec-11 show a mean of 3,452.75 million dollars, an estimate high of 3,982.00 million dollars and an estimate low of 3,014.12 million dollars. A year ago the figures stood at 3,303.76 million dollars.

Estimate for sales for the Quarter Ending Mar-12 show a mean of 3,608.62 million dollars, an estimate high of 4,018.00 million dollars and an estimate low of 3,127.99 million dollars. A year ago the figures stood at 3,141.75 million dollars.

Estimate for EPS for the Quarter Ending Dec-11 show a mean of 0.71 dollars, an estimate high of 1.12 dollars and an estimate low of 0.27 dollars. A year ago the figures stood at 0.70 dollars.

Estimate for EPS for the Quarter Ending Mar-12 show a mean of 0.78 dollars, an estimate high of 1.17 dollars and an estimate low of 0.28 dollars. A year ago the figures stood at 0.64 dollars.

Sales for Quarter Ending Jun-11 was estimated at 3,482.32 million dollars, however the actual sales figure stood at 3,676.00 million dollars, 193.68 million dollars more than estimates.

Sales for Quarter Ending Mar-11 was estimated at 3,075.96 million dollars, however the actual sales figure stood at 3,253.00 million dollars, 177.04 million dollars more than estimates.

edliston
Post Written By: Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.


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Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing.

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