Anadarko Petroleum Corporation - I like it at FinGad.com

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Anadarko Petroleum Corporation - I like it

Categorie: Equities
Submitted 12 months ago by

Brandon , Broker at CMP

S&P500 Stock: Anadarko Petroleum Corporation (NYSE: APC) A low risk and long lived stock- a good buy The oil and gas exploration and production industry consists of about 7,000 companies with combined annual revenue of $260 billion. This industry segment does not include transmission, refining, or retailing of petroleum and natural gas products. Demand is driven by economic activity, population growth, and energy efficiency levels for residential, industrial, and transportational uses of oil and gas. Profitability of individual companies is driven by the success rate of new wells drilled and the ability to increase production from existing wells. Large companies have an advantage in access to capital, including the ability to buy or merge smaller companies. Small companies compete by focusing on a few geographic areas and developing expertise within those areas. The industry is capital intensive: average annual revenue per employee is about $2 million. Oil and gas compete with other energy sources, such as coal, nuclear power, and hydroelectric power, for industrial and home heating applications. Renewable fuels, such as ethanol and biodiesel, are emerging alternatives for transportation applications. Major products of the oil and gas exploration and production industry are crude oil (about 45 percent of industry revenue) and natural gas (55 percent). About 80 percent of US petroleum pr... More...

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2 comments ↓

#1 | Drtom9 @ 11 months ago User Rank : 3 Portfoilo Balance: $50,000.00 Comment Rating: 0 Flag Comment Spam | Miscategorized | Prohibited: Nice write-up. It's about 10% above its 200dma of about 50 right now. I'll watch it to see if it reaches my buy point soon. Thanks for your research. Are you taking a finance class??
#2 | Brandon @ 11 months ago Broker at CMP User Rank : 35 Portfoilo Balance: $51,000.00 Comment Rating: 0 Flag Comment Spam | Miscategorized | Prohibited: Thanks for the nice comments and yes I'm taking classes :)

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