Anadarko Petroleum (APC) Misses Q1 EPS by 87c
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Credit Suisse Downgrades Anadarko Petroleum (APC) to Neutral
May 4, 2016 7:16 AM EDTCredit 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 EDTBMO 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.
... MoreUBS Remains Bullish as Anadarko Petroleum (APC) Delivers Above Expectations
May 3, 2016 8:58 AM EDTUBS 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 EDTBy 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
