Anadarko Petroleum Stock: How Has It Performed?

Anadarko Petroleum (APC) stock has mostly been in an uptrend since late 2017. Year-over-year, APC stock has fallen ~13%.

The Energy Select Sector SPDR ETF (XLE) has risen ~3%, and the S&P 500 SPDR ETF (SPY) has risen 25.2% in the same period.

Anadarko Petroleum stock has been tracking crude oil price (UCO) movements, as the graph above shows. Crude oil prices have risen ~24.5% on a year-over-year basis, while natural gas prices have increased ~1% in the same period.

In September 2017, APC announced a $2.5 billion share repurchase program. That represented ~10% of the company’s outstanding common shares at that time. APC management pointed out that in 2018, “performance objectives will now include cash return on invested capital.”

The company also expects to generate free cash flow of more than $700 million at current strip prices.