Anadarko Petroleum Corporation (APC) Stock Rating Lowered by BidaskClub

Gladys Abbott
August 22, 2017

The stock declined 3.72% or $0.16 reaching $4.26 per share.

As of the last earnings report the EPS was $-3.84 and is estimated to be $-2.09 for the current year with 560,358,000 shares outstanding. Anadarko Petroleum Corp now has $23.38 billion valuation. The consensus recommendation is the average rating on a stock by the analyst community. About shares traded. CDW Corp (NASDAQ:CDW) has risen 35.25% since August 21, 2016 and is uptrending. The firm has "Outperform" rating by RBC Capital Markets given on Tuesday, October 13. For the next 5 years, Whiting Petroleum expecting Growth of 22% per annum, whereas in the past 5 years the growth was -38.56% per annum. Allianz Asset Mgmt Ag reported 4.60 million shares. Whiting Petroleum Corp (NYSE:WLL) has declined 20.87% since August 21, 2016 and is downtrending. However, the company's most recent quarter decrease of -7.6% looks unattractive. Wedbush initiated it with "Outperform" rating and $39 target in Thursday, April 21 report. We have $3.96 PT which if reached, will make NYSE:WLL worth $124.80 million less. The Beta for the stock stands at 3.38. The company has market cap of $9.35 billion. The Company is engaged in development, production, acquisition and exploration activities primarily in the Rocky Mountains region of the United States.

Bill Barrett Corporation (BBG) is an interesting player in the Basic Materials space, with a focus on Oil & Gas Drilling & Exploration.

Among 33 analysts covering Whiting Petroleum Corporation (NYSE:WLL), 8 have Buy rating, 6 Sell and 19 Hold. Therefore 24% are positive. According to these analysts, the Low Revenue Estimate for Whiting Petroleum 294.8 Million and the High Revenue Estimate is 393 Million. The third largest holder is Fine Capital Partners, L.P., which now holds $94.52 million worth of this stock and that ownership represents almost 5.87% of its market capitalization. The stock of Whiting Petroleum Corp (NYSE:WLL) earned "Underperform" rating by Bank of America on Wednesday, July 19. On Wednesday, June 21 the stock rating was maintained by BMO Capital Markets with "Hold". On Thursday, March 23 the stock rating was downgraded by UBS to "Sell".

Citigroup "Maintained" Whiting Petroleum Corp (NYSE:WLL) in a research note issued to investors on 7/21/17 to Buy with price target of $8. July 25 investment analysts at Bank of America maintained a stock rating of "Buy" but moved down the price target to $80.00 from $135.00. The firm has "Buy" rating given on Monday, July 10 by Credit Suisse. The rating was downgraded by Morgan Stanley to "Underweight" on Tuesday, January 17.

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Investors sentiment decreased to 1.22 in 2016 Q4. Its down 0.13, from 1.35 in 2016Q3.

A number of hedge funds and other institutional investors have recently modified their holdings of APC. Finally, FNY Partners Fund LP raised its position in shares of Anadarko Petroleum Corporation by 2,900.0% in the second quarter. 143.42 million shares or 1.42% less from 145.48 million shares in 2016Q3 were reported. Alpine Woods Limited Liability holds 0.04% or 15,000 shares. Nine Chapters Mngmt Limited Company owns 31,200 shares. Frontier Capital Communication Llc holds 0.16% or 466,492 shares in its portfolio. Lvw Advsr Ltd Liability Com, a New York-based fund reported 5,643 shares. Pub Employees Retirement Association Of Colorado has invested 0% of its portfolio in Whiting Petroleum Corp (NYSE:WLL). Thornburg Management holds 0.19% or 469,258 shares in its portfolio. Over the last three months, the shares of the company have changed -50.06% and performed -60.13% over the last six months. Mackenzie holds 0.33% or 4.65 million shares in its portfolio. Eagle Capital Management Llc sold 191,623 shares as Anadarko Petroleum Corp (APC)'s stock declined 20.17%.

Whiting Petroleum Corporation has an contract to sell its Fort Berthold Indian Reservation area assets located in Dunn and McLean Counties, North Dakota to RimRock Oil & Gas Williston, LLC. "Maintains Position in Anadarko Petroleum Corporation (NYSE:APC)" was originally reported by BBNS and is the sole property of of BBNS. Counselors Of Maryland Lc holds 1.46 million shares.

U.S. based company, Whiting Petroleum Corporation (WLL)'s latest closing price distance was at -49.74% from the average-price of 200 days while it maintained a distance from the 50 Day Moving Average at -16.00% and -10.12% compared with the 20 Day Moving Average.

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