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Anadarko Petroleum Corporation (APC) [hlAlert]

down 15.85 %

Anadarko Petroleum Corporation (APC) rated Accumulate with price target $115 by Global Hunter Securities

Posted on: Tuesday,  Apr 29, 2014  12:00 AM ET by Global Hunter Securities

Global Hunter Securities rated Accumulate Anadarko Petroleum Corporation (NYSE: APC) on 04/29/2014. Previously Global Hunter Securities rated Buy Anadarko Petroleum Corporation (NYSE: APC)
on 03/07/2012., when the stock price was $82.01. Since then, Anadarko Petroleum Corporation has lost 15.85% as of 11/25/2015's recent price of $69.01.
If you would have followed the previous Global Hunter Securities's recommendation on APC, you would have lost 15.85% of your investment in 1358 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.

Global Hunter Securities uses a disciplined quantitative and qualitative approach, our analysts are focused on covering small-cap companies with unique value and above average growth, primarily in the following sectors: Consumer, Energy, Healthcare, Industrial, Services and Technology. Additionally, Global Hunter Securities has analysts specifically focused on Special Situations and International opportunities. Global Hunter Securities' analysts maintain strong relationships and ongoing dialogue with management teams and industry professionals to ensure propitious access to information.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/29/2014 12:00 AM Buy
100.12 115.00
as of 10/17/2014
1 Week up  0.16 %
1 Month down  -16.99 %
3 Months down  -18.12 %
1 YTD up  11.59 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/7/2012 9:25 AM Buy
82.01 102.00

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