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Anadarko Petroleum Corporation (APC) [hlAlert]

Rating:
Buy APC
up 3.69 %

Anadarko Petroleum Corporation (APC) upgraded to Buy with price target $90 by Ticonderoga

Posted on: Friday,  Aug 19, 2011  8:25 AM ET by Ticonderoga

Ticonderoga rated Buy Anadarko Petroleum Corporation (NYSE: APC) on 08/19/2011, when the stock price was $66.55. Since
then, Anadarko Petroleum Corporation has gained 3.70% as of 11/25/2015's recent price of $69.01.
If you would have followed this Ticonderoga's recommendation on APC, you would have gained 3.69% of your investment in 1559 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.

Ticonderoga is a growing financial services firm, delivering high quality services to a broad spectrum of institutional clients. Ticonderoga operates from its headquarters in New York, along with additional offices in Richmond and San Francisco.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/19/2011 8:25 AM Buy
None
66.55 90.00
as of 12/30/2011
1 Week down  -0.44 %
1 Month down  -6.07 %
3 Months up  21.06 %
1 YTD up  14.69 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/17/2010 8:25 AM Hold
None
53.17

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