Anadarko Petroleum Corporation (APC) Moves Higher on Volume Spike for February 07

Equities Staff  |

Anadarko Petroleum Corporation (APC) traded on unusually high volume on Feb. 07, as the stock gained 2.14% to close at $58.72. On the day, Anadarko Petroleum Corporation saw 11.98 million shares trade hands on 80,520 trades. Considering that the stock averages only a daily volume of 5.41 million shares a day over the last month, this represents a pretty significant bump in volume over the norm.

Generally speaking, when a stock experiences a sudden spike in trading volume, it may be seen as a bullish signal for investors. An increase in volume means more market awareness for the company, potentially setting up a more meaningful move in stock price. The added volume also provides a level of support and stability for price advances.

The stock has traded between $70.00 and $39.96 over the last 52-weeks, its 50-day SMA is now $53.93, and its 200-day SMA $49.13. Anadarko Petroleum Corporation has a P/B ratio of 2.98.

Anadarko Petroleum Corp is engaged in the exploration and production of oil and natural gas. Its asset base includes conventional and unconventional properties in the U.S. and deep-water oil and gas projects in the Gulf of Mexico and Africa.

Headquartered in The Woodlands, TX, Anadarko Petroleum Corporation has 4,500 employees and is currently under the leadership of CEO R.A. Walker.

For a complete fundamental analysis analysis of Anadarko Petroleum Corporation, check out’s Stock Valuation Analysis report for APC.

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To get more information on Anadarko Petroleum Corporation and to follow the company’s latest updates, you can visit the company’s profile page here: APC’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:

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