Anadarko Petroleum (NASDAQ:APC) Releases Earnings Results, Misses Expectations By $0.10 EPS

Anadarko Petroleum (NASDAQ:APC) posted its earnings results on Thursday. The oil and gas development company reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by ($0.10), FiscalAI reports. The company had revenue of $1.84 billion during the quarter. The firm’s quarterly revenue was up 27.4% compared to the same quarter last year.

Here are the key takeaways from Anadarko Petroleum’s conference call:

• USPP acquisition expected later this year will add approximately 280 million annual wholesale gallons, more than 400 locations, two fuel terminals, and transportation assets. Management expects the transaction to contribute about $30 million of annual adjusted EBITDA and generate additional synergies beginning in 2027.
• Second-quarter net income increased to $12.2 million from $10.0 million, while adjusted EBITDA rose 4% to $39.8 million and Discretionary Cash Flow grew 12% to $27.1 million.
• Wholesale fuel contribution rose 3.7% despite a 4.6% decline in gallons, supported by higher blended margins, while fleet-fueling contribution declined modestly because margins normalized and inventory costs temporarily compressed profitability.
• APC maintained its 2026 outlook for approximately $156 million of adjusted EBITDA and $110 million of Discretionary Cash Flow, declared its quarterly $0.50-per-share dividend, and reported substantial liquidity with leverage of 2.2x before the acquisition.

Anadarko Petroleum Price Performance

Shares of Anadarko Petroleum stock traded down $0.03 during trading on Thursday, hitting $19.81. The company’s stock had a trading volume of 97,799 shares, compared to its average volume of 96,070. Anadarko Petroleum has a 52 week low of $17.00 and a 52 week high of $21.72. The company has a fifty day simple moving average of $19.59 and a two-hundred day simple moving average of $26.35. The company has a quick ratio of 0.92, a current ratio of 1.05 and a debt-to-equity ratio of 1.13.

Analysts Set New Price Targets

A number of research firms have commented on APC. Mizuho upped their price target on Anadarko Petroleum from $20.00 to $22.00 and gave the company a “neutral” rating in a research report on Tuesday, July 28th. Zacks Research cut Anadarko Petroleum from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 10th. Finally, Weiss Ratings started coverage on Anadarko Petroleum in a report on Thursday, May 28th. They set a “sell (e)” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $22.00.

About Anadarko Petroleum

Anadarko Petroleum Corporation engages in the exploration, development, production, and marketing of oil and gas properties. It operates through three segments: Exploration and Production, WES Midstream, and Other Midstream. The company explores for and produces oil, natural gas, and natural gas liquids (NGLs). It is also involved in gathering, processing, treating, and transporting oil, natural-gas, and NGLs production, as well as the gathering and disposal of produced water. The company's oil and natural gas properties are located in the United States onshore and deepwater Gulf of Mexico; and Algeria, Ghana, Mozambique, Colombia, Peru, and other countries.