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November 23, 2009 6:41 PM ET

Anadarko Petroleum Corp.

(APC:NYSE)

LAST $62.08 USD
CHANGE TODAY +0.79 1.29%
VOLUME 6.0M
As of 4:01 PM 11/23/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of Anadarko Petroleum Corp. (APC)

OPEN
$63.36
PREVIOUS CLOSE
$61.29
DAY HIGH
$64.50
DAY LOW
$61.76
52 WEEK HIGH
10/14/09 - $69.37
52 WEEK LOW
03/2/09 - $30.88
MARKET CAP
30.5B
AVERAGE VOLUME 3 mo
3.9M
DILUTED EPS TTM
$0.88
SHARES OUTSTANDING
491.5M
EX-DATE
12/7/09
P/E TTM
70.2x
DIVIDEND
$0.36
DIVIDEND YIELD
0.58%
K = Thousands  M = Millions  B = Billions

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APC Details

Anadarko Petroleum Corporation engages in the exploration and production of oil and gas properties primarily in the United States, the deepwater of the Gulf of Mexico, and Algeria. The company markets natural gas, crude oil, condensate, and oil and natural gas liquids (NGLs), as well as owns and operates natural gas gathering, treating, and processing systems. As of December 31, 2008, it had proved reserves of approximately 8.1 trillion cubic feet of natural gas; and 0.9 billion barrels of crude oil, condensate, and NGLs. The company also engages in the hard minerals business through non-operated joint ventures and royalty arrangements in various coal, trona, and industrial mineral mines located on lands within and adjacent to its Land Grant holdings. In addition, it purchases natural gas, crude oil, condensate, and NGL volumes for resale. Anadarko Petroleum Corporation also has operations in China, Brazil, Ghana, and Indonesia. The company was founded in 1959 and is headquartered in The Woodlands, Texas.

APC Top Compensated Officers

Executive Chairman, Chief Executive Officer, ...
Age: 54
Total Annual Compensation: $1.5M
Chief Operating Officer
Age: 51
Total Annual Compensation: $655.0K
Senior Vice President of Worldwide Operations
Age: 49
Total Annual Compensation: $1.1M
Chief Administrative Officer, Senior Vice Pre...
Age: 51
Total Annual Compensation: $503.8K
Compensation as of Fiscal Year 2008.

Key developments for Anadarko Petroleum Corp. (APC)

Anadarko Petroleum Corp. Declares Dividend Payable on December 23, 2009

The Board of Directors of Anadarko Petroleum Corp. declared a quarterly cash dividend on the company's common shares. A dividend of 9 cents per share was declared on the company's outstanding common stock, payable December 23, 2009 to stockholders of record at the close of business on Dec. 9, 2009.

Anadarko Petroleum Corp. expected to Report Fiscal Year 2009 Results on February 1, 2010. This event was calculated by Capital IQ (Created on November 9, 2009).

Anadarko Petroleum Corp. expected to Report Fiscal Year 2009 Results on February 1, 2010. This event was calculated by Capital IQ (Created on November 9, 2009).

Anadarko Petroleum Corp. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended Sept. 30, 2009 ; Announces Impairment Charges

Anadarko Petroleum Corp. reported unaudited consolidated earnings results for the third quarter and nine months ended Sept. 30, 2009. For the quarter, the company reported operating income of $645 million, income from continuing operations before income taxes of $413 million, income from continuing operations of $206 million or $0.40 per diluted share and net income attributable to common shareholders of $200 million or $0.40 per diluted share on total revenues and other income of $2,740 million compared to operating income of $3,557 million, income from continuing operations before income taxes of $3,355 million, income from continuing operations of $2,174 million or $4.58 per diluted share and net income attributable to common shareholders of $2,165 million or $4.58 per diluted share on total revenues and other income of $6,149 million for the same period a year ago. Adjusted net loss from continuing operations was $51 million or $0.11 per share compared to adjusted net income from continuing operations of $765 million or $1.58 per share for the same period a year ago. Cash flow from continuing operations in the third quarter of 2009 totaled slightly more than $1 billion, and discretionary cash flow from continuing operations totaled approximately $1.26 billion compared to cash flow from continuing operations of $3.55 billion and discretionary cash flow from continuing operations of $1.13 billion reported a year ago. Net cash provided by operating activities was $1,067 million compared to $3,551 million reported a year ago. Capital expenditures were $849 million compared to $1,181 million reported a year ago. For the nine months, the company reported operating loss of $317 million, loss from continuing operations before income taxes of $483 million, loss from continuing operations of $341 million or $0.77 per diluted share and net loss attributable to common shareholders of $364 million or $0.77 per diluted share on total revenues and other income of $6,080 million compared to operating income of $4,746 million, income from continuing operations before income taxes of $4,192 million, income from continuing operations of $2,431 million or $5.10 per diluted share and net income attributable to common shareholders of $2,474 million or $5.22 per diluted share on total revenues and other income of $11,913 million for the same period a year ago. Net debt as at September 30, 2009 was $9,194 million. Cash flow from continuing operations totaled $2.87 billion and discretionary cash flow from continuing operations totaled approximately $3.54 billion compared to cash flow from continuing operations of $6.06 billion and discretionary cash flow from continuing operations of $5.31 billion reported a year ago. Net cash provided by operating activities was $2,826 million compared to $6,055 million reported a year ago. Capital expenditures were $2,870 million compared to $3,469 million reported a year ago. For the quarter, the company reported impairments of $5 million compared to $56 million reported a year ago. For the nine months, the company reported impairments of $79 million compared to $67 million reported a year ago.

BusinessWeek Rankings

BusinessWeek 50
2005  #49

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APC Competitors

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Industry Analysis

Valuation APC Industry Range
Price/Earnings 65.0x
Price/Sales 3.6x
Price/Book 1.5x
Price/Cash Flow 6.7x
Not meaningful
TEV/Sales 1.6x

APC

 | 

APC transactions

Type
Date
Target
Merger/Acquisition
August 26, 2009
JDZ Block 3 in Nigeria
Merger/Acquisition
July 20, 2009
Anadarko Qatar Block- 4 Company, LLC
Merger/Acquisition
July 10, 2009
51% stake in Chipeta Processing LLC and Certain Midstream Assets in the Uintah Basin
View More APC Transactions...

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