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Anadarko Petroleum Corporation (APC) [hlAlert]

Rating:
Buy APC
up 13.07 %

Anadarko Petroleum Corporation (APC) rated Buy with price target $82 by Sun Trust Rbsn Humphrey

Posted on: Monday,  May 3, 2010  8:25 AM ET by Sun Trust Rbsn Humphrey

Sun Trust Rbsn Humphrey rated Buy Anadarko Petroleum Corporation (NYSE: APC) on 05/03/2010, when the stock price was $61.03.
Since then, Anadarko Petroleum Corporation has gained 13.08% as of 11/25/2015's recent price of $69.01.
If you would have followed this Sun Trust Rbsn Humphrey's recommendation on APC, you would have gained 13.07% of your investment in 2032 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.

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Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/3/2010 8:25 AM Buy
None
61.03 82.00
as of 12/31/2010
1 Week up  12.63 %
1 Month up  20.32 %
3 Months up  35.31 %
1 YTD up  26.49 %

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