Anadarko Petroleum (APC) Misses Q1 EPS by 87c

Credit Suisse Downgrades Anadarko Petroleum (APC) to Neutral

May 4, 2016 7:16 AM EDT

Credit Suisse downgraded Anadarko Petroleum (NYSE: APC) from Outperform to Neutral with a price target of $55.00 after run-up.

Analyst Edward Westlake sees limited upside to their $55/share price target. He said there could be upside toward $60/share depending on the scale of... More

BMO Capital Downgrades Anadarko Petroleum (APC) to Market Perform

May 4, 2016 6:40 AM EDT

BMO Capital downgraded Anadarko Petroleum (NYSE: APC) from Outperform to Market Perform with a price target of $50 (unchanged).

For an analyst ratings summary and ratings history on Anadarko Petroleum click here. For more ratings news on Anadarko Petroleum click here.

Shares of Anadarko Petroleum closed at $50.10 yesterday.

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UBS Remains Bullish as Anadarko Petroleum (APC) Delivers Above Expectations

May 3, 2016 8:58 AM EDT

UBS reiterated a Buy rating on Anadarko Petroleum (NYSE: APC), and raised the price target to $64.00 (from $60.00), following the company's 1Q earnings report. APC reported an EPS loss of ($1.12) on a smaller than expected tax benefit, better than consensus of ($1.17). APC maintained its 2016... More

As oil plows through $45 a barrel, U.S. producers rush to lock in prices

May 2, 2016 12:03 AM EDT

By Liz Hampton

HOUSTON (Reuters) - U.S. oil producers pounced on this month's 20 percent rally in crude futures to the highest level since November, locking in better prices for their oil by selling future output and securing an additional lifeline for the years-long downturn.

The flurry of dealing kicked off when prices pierced $45 per barrel earlier in April. It picked up in recent weeks, allowing producers to continue to pump crude even if prices crash anew.

While it was not clear if oil prices will remain at current levels, it may also be a sign... More