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Anadarko Petroleum Corporation (APC) [hlAlert]

Rating:
Buy APC
down 11.76 %

Anadarko Petroleum Corporation (APC) rated Buy with price target $126 by Deutsche Bank

Posted on: Wednesday,  Jun 11, 2014  12:00 AM ET by Deutsche Bank

Deutsche Bank rated Buy Anadarko Petroleum Corporation (NYSE: APC) on 06/11/2014. Previously Deutsche Bank rated Buy Anadarko Petroleum Corporation (NYSE: APC) on
01/04/2013., when the stock price was $78.21. Since then, Anadarko Petroleum Corporation has lost 11.76% as of 11/25/2015's recent price of $69.01.
If you would have followed the previous Deutsche Bank's recommendation on APC, you would have lost 11.76% of your investment in 1055 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.

Deutsche Bank is one of the largest European fund managers. DWS was founded in 1956 and is an integral part of the Asset Management division of Deutsche Bank. This division is one of the largest global asset managers.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/11/2014 12:00 AM Buy
None
108.32 126.00
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
3/18/2014 3:25 PM Buy
None
83.22 112.00
12/9/2013 3:25 PM Buy
None
86.15 110.00
7/30/2013 12:25 PM Buy
None
87.74 115.00
1/4/2013 2:25 PM Buy
None
78.21 95.00

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