Andarko's most recent trend suggests a bearish bias. One trading opportunity on Andarko is a Bear Call Spread using a strike $55.00 short call and a strike $60.00 long call offers a potential 9.65% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $55.00 by expiration. The full premium credit of $0.44 would be kept by the premium seller. The risk of $4.56 would be incurred if the stock rose above the $60.00 long call strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Andarko is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Andarko is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Andarko
SHAREHOLDER ALERT: Khang & Khang LLP Announces a Securities Class Action Lawsuit against Anadarko Petroleum Corporation and Encourages Investors with Losses to Contact the Firm
Tue, 16 May 2017 20:45:00 +0000
Khang & Khang LLP announces the filing of a class action lawsuit against Anadarko Petroleum Corporation . Investors who purchased or otherwise acquired shares between February 17, 2016 and May 2, 2017, inclusive , are encouraged to contact the Firm in advance of the July 3, 2017 lead plaintiff motion deadline.
INVESTOR ALERT: Brower Piven Encourages Shareholders Who Have Losses in Excess of $100,000 from Investment in Anadarko Petroleum Corporation to Contact Brower Piven before the Lead Plaintiff Deadline in Class Action Lawsuit
Tue, 16 May 2017 20:27:00 +0000
The securities litigation law firm of Brower Piven, A Professional Corporation, announces that a class action lawsuit has been commenced in the United States District Court for the Southern District of Texas on behalf of purchasers of Anadarko Petroleum Corporation securities during the period between February 17, 2016 and May 2, 2017, inclusive .
Anadarko, Noble, developer and builders named in suit over fatal Firestone explosion
Tue, 16 May 2017 17:41:55 +0000
Colorado’s two biggest oil and gas operators — Anadarko Petroleum Corp. and Noble Energy Inc. — were named in a lawsuit filed Monday seeking damages on behalf of a family living near the Firestone home that exploded, killing two men, on April 17. The nine-page suit, case number CV-30382 filed in Weld County, also names the neighborhood's developer, St-Firestone LLC, based in Loveland, and two builders of homes in the Oak Meadows subdivision where the home that exploded, at 6312 Twilight Ave., was located. The two builders named in the suit were Hearth at Oak Meadows LLC and CC Communities LLC of Greenwood Village.
INVESTOR ALERT: Lundin Law PC Announces a Securities Class Action Lawsuit against Anadarko Petroleum Corporation and Encourages Investors with Losses to Contact the Firm
Tue, 16 May 2017 17:24:00 +0000
LOS ANGELES, CA / ACCESSWIRE / May 16, 2017 / Lundin Law PC , a shareholder rights firm, announces the filing of a class action lawsuit against Anadarko Petroleum Corporation (“Anadarko” or the …
Houston co. to buy Eagle Ford acreage from Anadarko, KKR in $625M deal
Tue, 16 May 2017 15:36:17 +0000
Houston-based WildHorse Resource Development Corp. (WRD) plans to buy about 111,000 net acres in Texas and associated production from The Woodlands-based Anadarko Petroleum Corp. (APC) and affiliates of New York-based Kohlberg Kravis Roberts & Co. LP (KKR). “This transformative acquisition presented us with a strategic opportunity to consolidate our acreage position,” WildHorse Chairman and CEO Jay Graham said in a May 11 press release . With a total of 385,000 net acres, the deal will make WildHorse the second-largest operator in the Eagle Ford, Graham added.
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