Andarko's most recent trend suggests a bullish bias. One trading opportunity on Andarko is a Bull Put Spread using a strike $77.50 short put and a strike $70.00 long put offers a potential 15.56% return on risk over the next 37 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $77.50 by expiration. The full premium credit of $1.01 would be kept by the premium seller. The risk of $6.49 would be incurred if the stock dropped below the $70.00 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 64.01 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Andarko
[$$] EP Energy Cuts Size of IPO
Thu, 16 Jan 2014 22:58:07 GMT
The Wall Street Journal – Shale-oil driller EP Energy Corp. sold fewer shares for a lower price than forecast in its initial public offering, people familiar with the matter said.
Anadarko Schedules Year-End 2013 Earnings Conference Call for Feb. 4
Thu, 16 Jan 2014 22:12:16 GMT
noodls – HOUSTON, TX — (Marketwired) — 01/16/14 — Anadarko Petroleum Corporation (NYSE: APC) 2013 Results Tuesday, Feb. 4, 2014 8 a.m. CST (9 a.m. EST) Dial-in number: 855.812.0464 International dial-in number: …
Anadarko Schedules Year-End 2013 Earnings Conference Call for Feb. 4
Thu, 16 Jan 2014 21:34:03 GMT
Marketwired – Anadarko Petroleum Corporation
RSP Permian IPO: Projected Long-Term Growth, Promising Public Offering
Thu, 16 Jan 2014 16:51:10 GMT
Seeking Alpha – Underwriting RSP Permian ( RSPP ), an independent oil and natural gas exploration and production firm, plans to raise $400 million in its upcoming IPO on Friday, January 17th. See S-1 here.
EP Energy Drills For Millions In Upcoming IPO
Wed, 15 Jan 2014 23:40:27 GMT
Seeking Alpha – Oil and Gas IPO Opportunity EP Energy Corp. ( EPE ), an independent oil and gas exploration and production company, with principal offices in Houston, Texas, plans to raise $1.0 billion in its upcoming …
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