Anadarko Petroleum Corporation (APC) stock prices updated...
 

Anadarko Petroleum Corporation stock price

Anadarko Petroleum Corporation latest news:


  • 09/21/2017 11:58:32

    Anadarko's stock surges to lead S&P 500 gainers after share buyback announcement

    Shares of Anadarko Petroleum Corp. soared 8.2% in afternoon trade Thursday, enough to make them the biggest gainers in the S&P 500 , after the oil and gas company said it plans to buy back $1 billion worth of its stock over the next 3 1/2 months. The stock, on track to close at three-month high, was also headed for the biggest one-day percentage gain since Nov. 30, 2016. The company said late Wednesday that set a $2.5 billion stock repurchase program, that extends through the end of 2018. At Wednesday's closing price of $44.81, the program represents about 10% of the shares outstanding. Chief Executive Al Walker said the initial target is to buy $1 billion worth of shares before the end of the year. Filings show Anadarko repurchased a total of $36.65 million worth of its stock during the first two quarters of 2017. The stock has rallied 6.9% over the past three months, but was still down 30.5% year to date. In comparison, the SPDR Energy Select Sector ETF has lost 11.2% this year, while the S&P 500 has gained 11.9%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 09/20/2017 15:01:42

    UPDATE 1-Anadarko to spend $2.5 billion on massive share buyback

    HOUSTON, Sept 20 (Reuters) - U.S. oil producer Anadarko Petroleum Corp said on Wednesday it would spend $2.5 billion to buy back its own stock, a plan worth roughly 10 percent of its outstanding shares at current prices.

  • 09/20/2017 14:50:21

    BRIEF-Anadarko Petroleum announces $2.5 bln share-repurchase program

    * In Delaware and DJ Basins, are on track to deliver combined projected exit rate of approximately 150,000 bopd in 2017

  • 09/20/2017 14:24:12

    Anadarko Petroleum to buy back shares worth $2.5 bln

    Sept 20 (Reuters) - Anadarko Petroleum Corp said on Wednesday that its board had authorized a $2.5 billion share repurchase program through 2018.

  • 08/25/2017 16:03:33

    Anadarko further cuts Gulf production due to Harvey

    HOUSTON, Aug 25 (Reuters) - Anadarko Petroleum Corp said on Friday it had shut-in production at three more platforms in the U.S. Gulf of Mexico due to Hurricane Harvey.

  • 08/16/2017 18:20:13

    Silver Run Acquisition strikes deal for two Oklahoma energy companies

    HOUSTON, Aug 16 (Reuters) - Silver Run Acquisition II, a private equity backed oil and gas startup led by the former chief executive of Anadarko Petroleum Corp, has agreed to acquire two Oklahoma energy companies.

  • 07/24/2017 15:03:59

    Anadarko shares down 3% after company posts wider-than-expected loss

    Shares of Anadarko Petroleum Corp. fell more than 3% late Monday after the oil and gas exploration and production company reported a larger-than-expected second-quarter loss. Anadarko said it lost $415 million, or 76 cents a share, in the quarter, compared with a loss of $1.36 a share in the second quarter of 2016. Adjusted for certain items, the company lost $423 million, or 77 cents a share, in the quarter. Revenue reached $2.7 billion in the quarter, compared with $1.92 billion a year ago. Sales Analysts polled by FactSet had expected the company to report an adjusted loss of 36 cents a share on sales of $2.2 billion. Anadarko also cut its investments by $300 million for the full year and adjusted full-year sales-volume guidance to reflect recent asset sales and deferred production connected with the company's response earlier this year to a fatal home explosion in Colorado linked to one of the company's wells. "We feel this is a prudent move," the company said in a statement. Shares ended the regular trading session up 0.3%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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