Andarko's most recent trend suggests a bearish bias. One trading opportunity on Andarko is a Bear Call Spread using a strike $67.50 short call and a strike $72.50 long call offers a potential 42.05% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $67.50 by expiration. The full premium credit of $1.48 would be kept by the premium seller. The risk of $3.52 would be incurred if the stock rose above the $72.50 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 up which suggests that the medium-term momentum for Andarko is bullish.
The RSI indicator is at 69.21 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Andarko
Anadarko Petroleum Corporation Stock Dips Despite Earnings Beat
Tue, 01 May 2018 22:38:00 +0000
Anadarko Petroleum Corporation (NYSE:APC) reported its latest quarterly earnings results late Tuesday, which came in ahead of the mark, but sent shares dipping slightly.
Anadarko tops profit view, raises annual output forecast
Tue, 01 May 2018 22:12:40 +0000
Anadarko Petroleum Corp topped Wall Street estimates for first-quarter profit due to higher crude prices and lower costs and the shale oil producer raised its annual production forecast on Tuesday. Oil …
Viper Energy, Anadarko, Concho Resources Beat Late After Noble Energy Tops
Tue, 01 May 2018 20:31:01 +0000
Viper Energy, Anadarko and Concho Resources topped quarterly estimates late Tuesday, after Noble Energy beat earlier in the day, continuing a busy week for shale earnings.
Anadarko Petroleum: 1Q Earnings Snapshot
Tue, 01 May 2018 20:23:30 +0000
The The Woodlands, Texas-based company said it had profit of 22 cents per share. Earnings, adjusted for non-recurring costs, came to 52 cents per share. The results beat Wall Street expectations. The average …
Anadarko Announces 2018 First-Quarter Results
Tue, 01 May 2018 20:10:00 +0000
HOUSTON , May 1, 2018 /PRNewswire/ — Anadarko Petroleum Corporation (NYSE: APC) today announced 2018 first‑quarter results, reporting net income attributable to common stockholders of $121 million, or …
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