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Anadarko Petroleum Corporation (APC) [hlAlert]

Perform APC
up 2.08 %

Anadarko Petroleum Corporation (APC) rated Perform with price target $95 by Oppenheimer

Posted on: Thursday,  Oct 29, 2015  10:25 AM ET by Oppenheimer

Oppenheimer rated Perform Anadarko Petroleum Corporation (NYSE: APC) on 10/29/2015, when the stock price was $67.60. Since
then, Anadarko Petroleum Corporation has gained 2.09% as of 11/25/2015's recent price of $69.01.
If you would have followed this Oppenheimer's recommendation on APC, you would have gained 2.08% of your investment in 27 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.

OppenheimerFunds, Inc. has been helping investors achieve their financial goals since 1960. We are one of the nation's largest and most respected asset management companies. At OppenheimerFunds, we believe that in order for you to reach your financial goals, your investments must perform. That is why investment excellence—over the long term and across the range of our products—is our highest priority. OppenheimerFunds and its controlled affiliates offer a broad range of products and services to individuals, corporations and institutions, including mutual funds, separately managed accounts, investment management for institutions, hedge fund products, qualified retirement plans and subadvisory investment-management services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/29/2015 10:25 AM Buy
67.60 95.00
as of 8/27/2015
1 Week down  -2.87 %
1 Month down  -16.06 %
3 Months down  -18.32 %
1 YTD down  -12.99 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/5/2013 8:25 AM Buy
90.45 110.00
5/12/2010 8:25 AM None
5/12/2009 9:25 AM Buy
45.45 60.00
1/8/2009 8:25 AM Buy
40.74 50.00
10/20/2008 8:25 AM Buy
35.74 42.00
8/6/2007 11:25 AM Hold

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