Large Inflow of Money Detected in Anadarko Petroleum Corporation

Anadarko Petroleum Corporation (APC) : Tuesdays money flow indicated an uptick to downtick ratio was at 1.27. The total value of inflow transactions on upticks was $39.97 million, whereas, the total value of outflow trades on downticks was $31.51 million. The total money flow was $8.46 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $8.59 million. The total value of the trades done on upticks was $10.73 million. Downticks saw transactions worth $2.14 million. The total uptick to downtick ratio stood at 5.01, mildly in favor of the bulls. Anadarko Petroleum Corporation (APC) was trading with a -0.78% change over previous days close. It fell $0.44 during the day and reached $55.78. The stock was 0.94% compared to the previous weeks close.


Also, Equity analysts at the Brokerage firm Barclays maintains its rating on Anadarko Petroleum Corporation (NYSE:APC). The rating major has initiated the coverage with equal-weight rating on the shares. The Analysts at Barclays lowers the price target from $46 per share to $50 per share. The rating by the firm was issued on July 29, 2016.

Anadarko Petroleum Corporation has dropped 0.48% in the last five trading days, however, the shares have posted positive gains of 7.58% in the last 4 weeks. Anadarko Petroleum Corporation is up 6.55% in the last 3-month period. Year-to-Date the stock performance stands at 15.06%.

Anadarko Petroleum Corporation (NYSE:APC): The stock opened at $57.18 on Tuesday but the bulls could not build on the opening and the stock topped out at $57.18 for the day. The stock traded down to $55.32 during the day, due to lack of any buying support eventually closed down at $55.78 with a loss of -0.78% for the day. The stock had closed at $56.22 on the previous day. The total traded volume was 3,252,923 shares.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Anadarko Petroleum Corp, Fluor Peter J, had purchased 7,527 shares in a transaction dated on January 21, 2016. The transaction was executed at $30.55 per share with total amount equaling $229,950.

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.

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