Anadarko Petroleum Corp

ConocoPhillips’s (COP) total production volume in 2015 was 1,589 Mboe/d excluding Libya. This represents a 5% year-over-year growth after adjusting for asset dispositions and downtime.

In terms of profitability, OXY has the highest profit margins amongst its peers at 24.2%. OXY also has one of the highest dividend yields at 2.85%.

In the last three months, Abraxas Petroleum (AXAS) has had the highest positive correlation with WTI crude oil among upstream companies that are part of XOP.

Smithwood Advisers was among the hedge funds that sold their stakes in SandRidge Energy in 1Q15. Hancock Holding was one of the firms that sold stakes in Vaalco Energy.

Stock performance In this article, we’ll discuss the year-to-date (YTD) stock performance of ConocoPhillips (COP), Devon Energy (DVN), Occidental Petroleum (OXY), Anadarko Petroleum (APC), and EOG Resources (EOG), which reported the highest revenue among upstream companies in fiscal 2017. Outliers and underperformers The above image shows that ConocoPhillips (COP) is the outlier among peers. YoY […]

Hedge funds decreased their net bullish positions in US natural gas futures and options 1.9% to 186,799 on June 12–19.

In 2019, Tesla (TSLA) rose 29.3%. The S&P 500 Index gained 29.2%. The top institutional investors were bullish on the electric car manufacturer in Q3 2019.

The simple moving average (or SMA) is an average of the closing price of a stock over a specified number of periods. The moving average smooths the short-term fluctuations in the stock prices.

Ambre Energy was founded in June 2005. It’s an Australian-American coal and oil shale company. The company’s Australian headquarters are located at Brisbane. The head American office is located at Salt Lake City, Utah. The company operates in three business lines—U.S. coal export infrastructure, international coal marketing and trading, and U.S. thermal coal production.

Anadarko Petroleum’s (APC) short interest ratio on February 10, 2017, was ~1.6%. At the beginning of the year, its short interest ratio was ~2.2%.

The Bullish Engulfing candlestick pattern is a reversal pattern. The pattern has two candles. The first candle is small and bearish. The second candle is long and bullish.

High market share gives OPEC bargaining power to price oil above a competitive market. It can sway crude oil prices by increasing or decreasing production.

The United States first imposed restrictions on its activities with Iran in 1979, after the seizure of the US embassy in Tehran.

Chevron (CVX) has agreed to acquire Anadarko (APC) in a cash and equity deal.

Devon Energy (DVN) continues to trade below its short-term (50-day) moving average.

So far in this series, we’ve looked at institutional investments in five major oil-weighted E&P (exploration and production) stocks: ConocoPhillips (COP), EOG Resources (EOG), Occidental Petroleum (OXY), Anadarko Petroleum (APC), and Pioneer Natural Resources (PXD).

Year-over-year, NBL stock has risen ~22.7%, while crude oil prices have surged 46.5% in the same period.

In its November Short-Term Energy Outlook (or STEO) report, the EIA forecast that US crude oil production in 2017 would average 9.2 million barrels per day.

Since 1Q16, crude oil (USO)(SCO) prices have risen from lows of $26.05 per barrel to $49.30 per barrel as of September 13.

The EIA reported that US crude oil inventories fell by 8.9 MMbbls or 1.8% to 466.4 MMbbls on August 4–11, 2017—the biggest draw since September 2016.

Approximately 83.0% of analysts have rated Anadarko Petroleum (APC) a “buy.” The average broker target price is $81.52.

The average broker target price of $81.65 for Anadarko Petroleum implies a potential return of ~19.4% for the stock in the next 12 months.

Western Gas Partners’ (WES) growth capital spending started to decline at the beginning of the rout in energy prices.

Approximately 73% of the analysts rate Anadarko a “buy,” 22% rate it a “hold,” and 5% rate it a “sell.” The average broker target price is $72.52.

On September 7, 2016, Apache (APA) announced a new resource play, Alpine High, in the Delaware Basin of Texas.

Approximately 73% of analysts rate Anadarko a “buy,” whereas 22% rate it a “hold,” and 5% rate it a “sell.” The average broker target price is $66.50.

Anadarko Petroleum’s (APC) 2016 capex (capital expenditures) budget is $2.6 billion–$2.8 billion, a 50% reduction from $5.4 billion in 2015.

A rise in the ratio can be correlated the corresponding rise in gold prices. An increase in the ratio indicates that gold is more expensive than crude oil.

US natural gas prices have fallen for the third time in the last five trading sessions. Prices are following the long-term bearish trend and trading close to 16-year lows.

Anadarko Petroleum’s preliminary capex (capital expenditure) budget for 2016 is $2.8 billion—nearly 50% less than 2015 levels.

China and the United States are the largest crude oil importers in the world. In 2015, they consumed about 30.5 MMbpd (million barrels per day) of crude oil and liquid fuels, per the EIA.

Crude oil prices like any other commodity are subject to changes based on the supply and demand dynamics.

On December 11, 2015, Hess was trading 17% below its 200-day moving average, a strong upside resistance for the stock. It has narrowed the gap considerably since October.

The Haynesville Shale’s natural gas production in September was 0.1% lower than August. On a YoY basis, it was 1.4% less. The drop marked the fourth straight month-over-month fall in production.

October WTI crude oil futures rose for the first time after falling for two consecutive days. Slowing US crude oil production is driving crude oil prices.

The U.S. Energy Information Administration reported a decrease of 4.4 million barrels in crude oil inventories for the week ended July 31.

Capping the month with a gain of 3.1% since January 30, WTI’s (West Texas Intermediate) increase has been small compared to Brent’s 18% increase.

Denbury Resources primarily extracts oil and gas via carbon dioxide–based enhanced oil recovery (or EOR). This is also called tertiary oil recovery.

ConocoPhillips produces oil and gas via primary or secondary recovery methods. Denbury Resources mainly uses a tertiary, EOR method to produce its oil.

SandRidge is expanding its low-cost multilateral program and is successfully extending its mid-continent resource base with Chester and Woodford production.

Deepwater Horizon was a deepwater, offshore oil drilling rig owned by Transocean (RIG) and operated by BP Plc. (BP). On April 20, 2010, while drilling at the Macondo Prospect, there was an explosion on the rig caused by a blowout that killed 11 crew members.