Estimates for Anadarko Petroleum Corporation APChave been revised upward over the past 30 days, reflecting analysts’ confidence in the stock post solid first-quarter 2018 results. The Zacks Consensus Estimate for 2018 and 2019 earnings have moved up 29% and 41.4% to $2.54 and $2.97, respectively.
Shares of Anadarko Petroleum have gained 35.3% in the last 12 months compared with the Zacks Oil & Gas E&P Industry’s rally of 12%. The company is one of the largest independent oil and natural gas exploration and production companies. It has proved reserves of 1.44 Billion Barrels of Oil Equivalents at 2017-end.
4 Reasons to Add Anadarko Petroleum (APC) to Your Portfolio
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