Investors focused on the Oils-Energy space have likely heard of Anadarko Petroleum , but is the stock performing well in comparison to the rest of its sector peers? Let's take a closer look at the stock's year-to-date performance to find out.
Anadarko Petroleum is one of 311 companies in the Oils-Energy group. The Oils-Energy group currently sits at #7 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. APC is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for APC's full-year earnings has moved 4.94% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
According to our latest data, APC has moved about 46.05% on a year-to-date basis. Meanwhile, stocks in the Oils-Energy group have gained about 14.99% on average. This means that Anadarko Petroleum is outperforming the sector as a whole this year.
Looking more specifically, APC belongs to the Oil and Gas - Exploration and Production - United States industry, which includes 74 individual stocks and currently sits at #147 in the Zacks Industry Rank. Stocks in this group have gained about 19.18% so far this year, so APC is performing better this group in terms of year-to-date returns.
APC will likely be looking to continue its solid performance, so investors interested in Oils-Energy stocks should continue to pay close attention to the company.
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From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
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Investors focused on the Oils-Energy space have likely heard of Anadarko Petroleum , but is the stock performing well in comparison to the rest of its sector peers? Let's take a closer look at the stock's year-to-date performance to find out.
Anadarko Petroleum is one of 311 companies in the Oils-Energy group. The Oils-Energy group currently sits at #7 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. APC is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for APC's full-year earnings has moved 4.94% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
According to our latest data, APC has moved about 46.05% on a year-to-date basis. Meanwhile, stocks in the Oils-Energy group have gained about 14.99% on average. This means that Anadarko Petroleum is outperforming the sector as a whole this year.
Looking more specifically, APC belongs to the Oil and Gas - Exploration and Production - United States industry, which includes 74 individual stocks and currently sits at #147 in the Zacks Industry Rank. Stocks in this group have gained about 19.18% so far this year, so APC is performing better this group in terms of year-to-date returns.
APC will likely be looking to continue its solid performance, so investors interested in Oils-Energy stocks should continue to pay close attention to the company.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>