$87.34
0.30 (+0.34%)
Anadarko Petroleum Corp (NYSE:APC)
CAPS Rating:
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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Beaten up because of big drops in oil. Out of favor because of debt due to two giant buyouts, which analysts hated because it killed dividends and cash. But once debt is paid down and cash flow picks up, the street will wake up to the best reserves/price on the market. Also huge
Yes, this is true, another company I hold did do the same and they rose quick and stabilized with in two dollars a share from the price of a share.