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Anadarko Petroleum (APC) volatility flat into EPS and development outlook

October 30, 2009 8:39 AM EDT
Anadarko Petroleum (NYSE: APC) closed at $63.98. APC is expected to report Q3 EPS on November 3. Crude oil futures are recently down .73% to $79.24, Natural gas futures are recently down .71% to 5.02 according to Bloomberg. APC November option implied volatility is at 48, December is at 45; near its six-month average according to Track Data, suggesting non-directional price movement. Paul Foster

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