Andarko's most recent trend suggests a bullish bias. One trading opportunity on Andarko is a Bull Put Spread using a strike $90.00 short put and a strike $85.00 long put offers a potential 21.95% return on risk over the next 12 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $90.00 by expiration. The full premium credit of $0.90 would be kept by the premium seller. The risk of $4.10 would be incurred if the stock dropped below the $85.00 long put 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 up which suggests that the medium-term momentum for Andarko is bullish.
The RSI indicator is at 50.5 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Andarko
Anadarko's $5.15 billion cleanup deal approved by U.S. court
Tue, 11 Nov 2014 00:12:53 GMT
Reuters – Anadarko Petroleum Corp's agreement to pay $5.15 billion to clean up nuclear fuel and other pollution received approval from a federal judge on Monday, the final hurdle for the settlement touted by the U.S. The agreement, reached in April, resolved a lawsuit against Anadarko and its Kerr-McGee unit from creditors of Tronox Inc, the paint materials maker that was once a unit of Kerr-McGee. Barring an appeal, money could be dispersed “within weeks,” John Hueston, a lawyer for the Tronox creditors, said in an interview on Monday. Department of Justice, alleged Tronox's 2009 bankruptcy was caused by the environmental liabilities it took on when Kerr-McGee spun it off in 2005.
ANADARKO PETROLEUM CORP Files SEC form 8-K, Change in Directors or Principal Officers, Amendments to Articles of Inc.
Mon, 10 Nov 2014 22:01:52 GMT
Anadarko Petroleum Reports Q3 2014 Results
Mon, 10 Nov 2014 21:39:15 GMT
Midday movers: Merck & Co., GoPro, Blackberry & more
Mon, 10 Nov 2014 17:57:38 GMT
Anadarko to Present at Upcoming Energy Conference
Fri, 07 Nov 2014 15:00:00 GMT
PR Newswire – HOUSTON, Nov. 7, 2014 /PRNewswire/ — Anadarko Petroleum Corporation (NYSE: APC) today announced that Executive Vice President, International and Deepwater Exploration, Bob Daniels, will present at the …
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