Anadarko Petroleum Corp Fourth Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Anadarko Petroleum Corp (NYSE:APC) will unveil its latest earnings on Monday, February 6, 2012. Anadarko Petroleum is engaged in the exploration and production of oil and natural gas.

Anadarko Petroleum Corp Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of 60 cents per share, a rise of more than twofold from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from 55 cents. Between one and three months ago, the average estimate moved up. It has risen from 59 cents during the last month. Analysts are projecting profit to rise by 71.8% versus last year to $3.11.

Past Earnings Performance: Last quarter, the company missed estimates by one cent, coming in at net income of 65 cents per share versus a mean estimate of profit of 66 cents per share. In the second quarter, the company beat estimates by 18 cents.

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Wall St. Revenue Expectations: On average, analysts predict $3.28 billion in revenue this quarter, a rise of 21.9% from the year ago quarter. Analysts are forecasting total revenue of $13.44 billion for the year, a rise of 22.4% from last year’s revenue of $10.98 billion.

Analyst Ratings: Analysts are bullish on this stock with 19 analysts rating it as a buy, none rating it as a sell and five rating it as a hold.

A Look Back: In the third quarter, the company’s loss widened to a loss of a $3.05 billion ($6.12 a share) from a loss of $26 million (5 cents) a year earlier, missing analyst expectations. Revenue rose 34.5% to $3.38 billion from $2.52 billion.

Key Stats:

Anadarko Petroleum’s loss in the latest quarter followed profits in the previous three quarters. The company reported a profit of $544 million in the second quarter, a profit of $216 million in the first and a profit of $111 million in the fourth quarter of the last fiscal year.

Revenue has gone up for three straight quarters. It rose 43.4% in the second quarter from the year earlier and 3.9% in the first quarter.

Stock Price Performance: During December 30, 2011 to January 31, 2012, the stock price had risen $4.39 (5.8%) from $76.33 to $80.72. The stock price saw one of its best stretches over the last year between December 28, 2011 and January 5, 2012 when shares rose for six-straight days, rising 6.9% (+$5.19) over that span. It saw one of its worst periods between August 1, 2011 and August 8, 2011 when shares fell for six-straight days, falling 22.6% (-$18.69) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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To contact the reporter on this story: Derek Hoffman at

To contact the editor responsible for this story: Damien Hoffman at