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Anadarko Petroleum Corporation (APC) [hlAlert]

up 6.99 %

Anadarko Petroleum Corporation (APC) rated Buy with price target $95 by UBS

Posted on: Thursday,  Dec 19, 2013  11:25 AM ET by UBS

UBS rated Buy Anadarko Petroleum Corporation (NYSE: APC) on 12/19/2013. Previously UBS rated Buy Anadarko Petroleum Corporation (NYSE: APC) on 11/02/2010.,
when the stock price was $64.50. Since then, Anadarko Petroleum Corporation has gained 6.99% as of 11/25/2015's recent price of $69.01.
If you would have followed the previous UBS's recommendation on APC, you would have gained 6.99% of your investment in 1849 days.

Anadarko Petroleum Corporation (Anadarko) is an independent oil and gas exploration and production company with 2.28 billion barrels of oil equivalent (BOE) of proved reserves as of December 31, 2008. The Company operates in three segments: oil and gas exploration and production, which explores for and produces natural gas, crude oil, condensate and natural gas liquids (NGLs); midstream, which is engaged in gathering, processing, treating and transporting Anadarko and third-party oil and gas production, and marketing, which sells most of Anadarko?s production, as well as commodities purchased from third parties. In December 2008, Anadarko completed the sale of its 50% interest in the Peregrino heavy-oil field offshore Brazil to StatoilHydro. In 2008, the Company divested certain oil and gas properties, primarily in Brazil, onshore in the United States and the Gulf of Mexico.

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/19/2013 11:25 AM Buy
79.01 95.00
as of 12/13/2013
1 Week down  -9.63 %
1 Month down  -14.16 %
3 Months down  -17.31 %
1 YTD up  5.36 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/20/2013 11:25 AM Buy
86.29 105.00
11/15/2011 1:25 PM Buy
80.47 102.00
11/2/2010 8:25 AM Buy
64.50 72.00

(*) Stock Price at the time of the recommendation.
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