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The Company's primary line of business is the exploration, development, production, gathering, processing and marketing of natural gas, crude oil, condensate and NGLs.
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kahunacfa (< 20) Submitted: 2/11/08 2:56 PM : Start Price: $58.54 APC Score: -6.62
Anadarko Petroleum is an energy natural resource and production company often closely associated with T. Boone Pickens, a very large doner to Oklahoma State University.The stock is slightly undervalued in my opinion trading around $58 per share. In my opinion the shares of APC have an Intrinsic Value of $67-$69. The company's current P/E Ratio is about 7 implying a rate of return of about 14.3%. I do not own the shares because my minimum projected rate of return to buy a stock is about 25% or a P/E of 4.0.Nontheless, these shares are a BUY during a periiod of slow economic growth, and rising inflation and a BEAR Market.Kahuna,CFA
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