Shares of Anadarko Petroleum Corporation (NYSE:APC) Sees Large Inflow of Net Money Flow

Anadarko Petroleum Corporation (NYSE:APC) witnessed a selling pressure and the shares last traded with a loss of -1.48 points or -2.72% at $53. Investors jumped in to buy the shares on weakness. The net money flow till latest update was calculated at $7.13 million with an inflow of $46.87 million in upticks and an outflow of $39.74 million in downticks. Using the data, the up/down ratio is found to be 1.18. The share price has recorded 3.03% on a weekly basis.A block trade of $9.79 million in uptick and $2.74 million in downtick was also observed, resulting in an up/down ratio of 3.58. The net money flow of the block trade stood at a $7.06, signaling heavy buying.


Currently the company Insiders own 0.53% of Anadarko Petroleum Corporation shares according to the proxy statements. Institutional Investors own 87.25% of Anadarko Petroleum Corporation shares. During last six month period, the net percent change held by insiders has seen a change of 31.35%. On the companys insider trading activities, Fluor Peter J, director of Anadarko Petroleum Corp, executed a transaction worth $229,950 on January 21, 2016. A total of 7,527 shares were purchased at an average price of $30.55. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Anadarko Petroleum Corporation (NYSE:APC) : On Monday heightened volatility was witnessed in Anadarko Petroleum Corporation (NYSE:APC) which led to swings in the share price. The stock opened for trading at $52.51 and hit $54.01 on the upside , eventually ending the session at $53.08, with a gain of 0.15% or 0.08 points. The heightened volatility saw the trading volume jump to 3,904,249 shares. The 52-week high of the share price is $84.71 and the company has a market cap of $27,093 million. The 52-week low of the share price is at $28.16 .

Many analysts have stated their opinion on the company shares. Equity Analysts at the Brokerage Firm, Piper Jaffray, assumes their rating on the shares of Anadarko Petroleum Corporation (NYSE:APC). Piper Jaffray has a Overweight rating on the shares. As per the latest report, the brokerage house announces the price target to $64 per share. The rating by the firm was issued on June 10, 2016.

Anadarko Petroleum Corporation is an independent exploration and production company. The Company is engaged in the exploration, development, production, and marketing of natural gas, oil, condensate, natural gas liquids (NGLs), and anticipated production of liquefied natural gas (LNG). Its assets include United States onshore resource plays in the Rocky Mountains area, the southern United States, the Appalachian basin, and Alaska. The Company has three segments: Oil and gas exploration and production, Midstream and Marketing. Oil and gas exploration and production segment explores for and produces natural gas, oil, condensate, and NGLs, and plans for the development and operation of its LNG project. Midstream segment engages in gathering, processing, treating, and transporting oil, natural-gas, and NGLs production. Marketing segment sells oil, natural-gas, and NGLs production. The Company is also an independent producer in the deepwater Gulf of Mexico.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.