Anadarko Petroleum Corporation (APC) : The total negative money flow of $7.97 million on Monday indicates selling on strength. The inflow of money on upticks was $26.58 million, compared to $34.55 million outflow on downticks, which confirms distribution in the stock. The up to down ratio was 0.77. The negative money flow of $7.51 million in block trades reveals that the informed traders sold the stock on every bit of price strength. The traded value of the stock on uptick was $2.33 million in a block trade.The transaction value of block trade on downtick was $9.83 million. The uptick to downtick ratio was 0.24. The price action in the Anadarko Petroleum Corporation (APC) stock suggests that both the bulls and the bears were in equilibrium. The stock traded at $54.6 with a gain of $0.32 , a change of 0.59% over the previous days close. The stock registered 3.47% for the week.
Shares of Anadarko Petroleum Corporation appreciated by 2.92% during the last five trading days but lost 0.75% on a 4-week basis. Anadarko Petroleum Corporation is up 11.15% in the last 3-month period. Year-to-Date the stock performance stands at 12.63%.
Anadarko Petroleum Corporation (NYSE:APC): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $54.92 and $54.25 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $55.04. The buying momentum continued till the end and the stock did not give up its gains. It closed at $54.60, notching a gain of 0.59% for the day. The total traded volume was 2,877,512 . The stock had closed at $54.28 on the previous day.
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.