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Enter Symbol:
 
Anadarko Petroleum Corporation (APC) [hlAlert]

Rating:
Outperform
APC
down 0.28 %

Anadarko Petroleum Corporation (APC) rated Outperform by Wachovia

Posted on: Friday,  Jul 11, 2008  8:25 AM ET by Wachovia

Wachovia rated Outperform Anadarko Petroleum Corporation (NYSE: APC) on 07/11/2008, when the stock price was $69.21. Since
then, Anadarko Petroleum Corporation has lost 0.29% as of 11/25/2015's recent price of $69.01.
If you would have followed this Wachovia's recommendation on APC, you would have lost 0.28% of your investment in 2693 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.

Wachovia offers a full range of products and services to meet the needs of corporate and institutional clients nationwide. These include capital raising, market making, and financial advisory products and services, to name just a few. We have the experience and resources you need to help your business grow and succeed. With a unified culture and integrated platform, ours is an organization that executes without distraction. We are focused and proactive, working as a team to deliver the ideas and capital for your needs.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/11/2008 8:25 AM Buy
None
69.21
as of 12/24/2008
1 Week up  1.07 %
1 Month up  2.03 %
3 Months up  16.31 %
1 YTD down  -36.33 %

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