HOUSTON, Sept. 12, 2016 /PRNewswire/ -- Anadarko Petroleum Corporation (NYSE: APC) announced today it has entered into a definitive agreement to acquire the deepwater Gulf of Mexico assets of Freeport McMoRan Oil & Gas for $2.0 billion.
3 Stocks to Watch Tuesday: Netflix, Inc. (NFLX), Anadarko Petroleum Several stocks were on the move ahead of Tuesday's bell, including Anadarko Petroleum Corporation (NYSE:APC), United Natural Foods (NASDAQ:UNFI) and Netflix, Inc. (NASDAQ:NFLX).
Few months ago, Anadarko Petroleum Corp. improved its financial health by refinancing some of its debt. Anadarko has now moved to shore up its asset base by buying oil and gas producing properties on the cheap.
Anadarko Petroleum Corporation's (APC) ended its day with a loss of -1.61% and finalized at the price of $58.54. During its last trading session, Stock traded with the total exchanged volume of 5.55 million shares.
Zacks Research has conducted a survey, from a group of market experts, about Anadarko Petroleum Corporation (NYSE:APC). As per the results of that report, the experts expect the company to post earnings of $0.06, for its latest quarter.