Post-Earnings Review - Anadarko Petroleum

LONDON, March 2, 2015 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

Investor-Edge.com has issued free post-earnings review on Anadarko Petroleum Corp. (NYSE: APC). On February 02, 2015, the company reported its financial results for Q4 FY14 and full year FY14 (period ended December 31, 2014). Click on http://get.Investor-Edge.com/pdf/?c=Anadarko%20Petroleum&d=02-Mar-2015&s=APC to read our free earnings review on Anadarko Petroleum Corporation (Anadarko). For Q4 FY14, the company's sales volumes on a divestiture-adjusted basis grew over 11% Y-o-Y, or by approximately 86,000 barrels of oil equivalent (BOE). Chairman, President and CEO of Anadarko, Al Walker, said that the fourth-quarter operating performance was a capstone to another terrific year for the company. Our free coverage report can be accessed at:

http://get.Investor-Edge.com/pdf/?c=Anadarko%20Petroleum&d=02-Mar-2015&s=APC

Earnings Overview 

During Q4 FY14, Anadarko's total revenues and other income came in at $3.18 billion, compared to $3.34 billion in Q4 FY13. The company's Q4 FY14 total revenues and other income revenue missed Bloomberg analysts' forecast of $3.73 billion. Anadarko's sales volumes of natural gas, crude oil and natural gas liquids (NGLs) was 79 million BOE, or an average of 854,000 BOE per day, in Q4 FY14, compared to 74 million BOE, or an average of 806,000 BOE per day, in Q4 FY13. Moreover, cash flow from operating activities was at $1.95 billion, while discretionary cash flow came in at $2.41 billion, in Q4 FY14. Free research on APC can be downloaded in PDF format at:

http://get.Investor-Edge.com/pdf/?c=Anadarko%20Petroleum&d=02-Mar-2015&s=APC

Anadarko reported net loss attributable to common stockholders of $395 million, or $0.78 loss per diluted share, in Q4 FY14, compared to net loss attributable to its common stockholders of $770 million, or $1.53 loss per diluted share, in Q4 FY13. Bloomberg analysts' had expected Q4 FY14 net income attributable to common stockholders of $443 million, or $0.80 per diluted share. On an adjusted basis, the company reported Q4 FY14 net income of $187 million, or $0.37 per diluted share, compared to net income of $373 million, or $0.74 per diluted share, in Q4 FY13.

Mr. Walker stated that in 2014, the company demonstrated the quality of its portfolio by delivering results that exceeded the midpoint of the initial sales-volume guidance by approximately 38,000 BOE per day, while staying well within the initial range of capital investment guidance and generating free cash flow. He asserted that this outperformance was primarily driven by results in the Wattenberg field, where the company enhanced efficiencies in its drilling and completions and leveraged the competitive advantage of its expansive midstream infrastructure to significantly bolster the growth. The company believes that efficient allocation of capital, active portfolio management and commitment to financial discipline position Anadarko to deliver differentiating performance in the challenging current environment and as commodity prices recover, he added. Sign up and read the free analyst's notes on APC at:

http://get.Investor-Edge.com/pdf/?c=Anadarko%20Petroleum&d=02-Mar-2015&s=APC

In FY14, Anadarko total revenues and other income was $18.47 billion, compared to $14.58 billion in FY13. The company's FY14 total revenues and other income outperformed Bloomberg analysts' forecast of $16.94 billion. The company's sales volumes of NGLs came in at record 308 million BOE, or an average of 843,000 BOE per day, in FY14, compared to 285 million BOE, or an average of 781,000 BOE per day, in FY13.

Anadarko reported net loss attributable to common stockholders of $1.75 billion, or $3.47 loss per diluted share, in FY14, compared to net income attributable to its common stockholders of $801 million, or $1.58 per diluted share, in FY13. Bloomberg analysts' had expected FY14 net loss attributable to common stockholders of $858 million, or $1.84 loss per diluted share.

For FY14, the company's cash flow from operating activities was $8.47 billion, while discretionary cash flow came in at $9.40 billion. The company generated free cash flow of $148 million, including $696 million of capital investments incurred by Western Gas Partners L.P. During FY14, Anadarko also closed transactions to monetize more than $2.5 billion of assets, including the $1.1 billion divestment of its China subsidiary. The company had approximately $7.37 billion of cash and cash equivalents in hand as of December 31, 2014. Visit Investor-Edge and access the latest research on APC at:

http://get.Investor-Edge.com/pdf/?c=Anadarko%20Petroleum&d=02-Mar-2015&s=APC

Stock Performance  

On the day following the earnings release, February 03, 2015, Anadarko's stock surged 3.42% finishing the session at $85.60. Since then, the stock has moved both ways with losses outperforming gains. On the last close, Friday, February 27, 2015, the company's shares finished 1.18% lower at $84.23. The company's shares vacillated between $83.84 and $85.70 during the session. A total of 6.32 million shares were traded, which was above their three months average volume of 6.19 million shares. The stock has declined 1.93% in the last three trading sessions. However, over the last one month and previous three months, Anadarko's shares have gained 3.03% and 6.99%, respectively. Shares in the company closed above their 50-day moving average of $82.05. Furthermore, the stock traded at a PE ratio of 21.73 and has a Relative Strength Index (RSI) of 49.78.

Sneak Peek to Corporate Insider Trading  

In the last one month, Anadarko has not reported any share transactions by insiders to the U.S. Securities and Exchange Commission (SEC).Complimentary in-depth research on APC is available at:

http://get.Investor-Edge.com/pdf/?c=Anadarko%20Petroleum&d=02-Mar-2015&s=APC

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