Andarko's most recent trend suggests a bearish bias. One trading opportunity on Andarko is a Bear Call Spread using a strike $65.00 short call and a strike $70.00 long call offers a potential 24.38% 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 $65.00 by expiration. The full premium credit of $0.98 would be kept by the premium seller. The risk of $4.02 would be incurred if the stock rose above the $70.00 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 at 36.86 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Andarko
MedShare Honors Anadarko Petroleum For Humanitarian Aid
Wed, 18 Nov 2015 17:05:00 GMT
PR Newswire – ATLANTA, Nov. 18, 2015 /PRNewswire/ — MedShare International's Northeast Regional Council held its fifth annual “Share the Good Gala” on Nov. 9 and honored Anadarko Petroleum Corporation (APC) for its outstanding humanitarian partnership with MedShare in Sierra Leone. MedShare is a humanitarian aid organization that sources and distributes essential surplus medical supplies and equipment to underserved communities in 96 countries around the world. The Northeast Regional Council was organized by Sandy Tytel to bring Medshare's mission to New York City's dynamic, international community. Anadarko was instrumental in providing financial and logistics support to send seven shipments of medical supplies and equipment to key hospitals in areas where the company operated.
Saddlehorn and Grand Mesa to Combine Projects through Undivided Joint Interest in DJ Basin Crude Oil Pipeline
Wed, 18 Nov 2015 15:47:33 GMT
noodls – TULSA, Okla. and HOUSTON and THE WOODLANDS, Texas, Nov. 18, 2015 /PRNewswire/ — Saddlehorn Pipeline Company, LLC (‘Saddlehorn') announced today that it is combining projects with Grand Mesa Pipeline, …
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Wed, 18 Nov 2015 14:32:46 GMT
Saddlehorn and Grand Mesa to Combine Projects through Undivided Joint Interest in DJ Basin Crude Oil Pipeline
Wed, 18 Nov 2015 13:00:00 GMT
PR Newswire – TULSA, Okla. and HOUSTON and THE WOODLANDS, Texas, Nov. 18, 2015 /PRNewswire/ — Saddlehorn Pipeline Company, LLC (“Saddlehorn”) announced today that it is combining projects with Grand Mesa Pipeline, LLC (“Grand Mesa”) for the construction of a 20-inch undivided joint interest pipeline which begins approximately 20 miles north of Saddlehorn's Platteville, Colorado origin at a junction near Grand Mesa's Lucerne, Colorado origin. The joint interest pipeline will deliver various grades of crude oil from the DJ Basin to storage facilities in Cushing, Oklahoma. As part of the undivided joint interest, Saddlehorn and Grand Mesa will share in the costs for the pipeline that is currently under construction.
5 Things Anadarko Petroleum Corporation's CEO Wants You to Know
Tue, 17 Nov 2015 16:00:00 GMT
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