Earnings Preview: Anadarko Petroleum EPS, Revenue Expected to Rise from Previous Quarter

Anadarko Petroleum APC announces its next round of earnings this Monday, July 25, 2011. Get prepared with Benzinga's ultimate preview for Anadarko's second quarter earnings.

Earnings and Revenue:

Wall Street expects a positive EPS reading of 90 cents per share and revenues of $3.47 billion. We'll have to wait for Monday to see if Anadarko Petroleum has accomplished the estimated 83.7% rise in EPS and 33.5% increase in revenues on a year-over-year basis.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter	Q1	Q4	Q3	Q2
EPS Estimate	$0.57	$0.20	$0.30	$0.35
EPS Actual	$0.73	$0.29	$0.21	$0.49

Stock Performance:

Shares of Anadarko Petroleum were trading at $82.33 as of July 19, 2011. Shares are up 8.3% year to date.

Average Stock Rating:

The average rating by analysts for Anadarko Petroleum is a Moderate Buy. Over the past three months this rating's strength has declined slightly.

Competitors:

Wondering how Anadarko Petroleum compares to rivals in the same sector? Here are a few of the company's peers.

• ConocoPhillips COP: Hold with a $1.82 recent quarter EPS
• Chevron CVX: Moderate Buy with a $3.09 recent quarter EPS
• Chesapeake Energy (CHK): Moderate Buy with a $0.75 recent quarter EPS
• Devon Energy (DVN): Moderate Buy with a $1.34 recent quarter EPS

The oil-US export and production company's industry has seen price/earnings contraction of 0.2% during the current fiscal year.

Finally, a description of the company's main areas of operation: Anadarko Petroleum Corp. is engaged in the expl and production of oil and natural gas.

Take Action:

Now that you have reviewed all the numbers, be ready to move if the upcoming Anadarko Petroleum earnings report has any surprises. Also, come back to Benzinga after the announcement for a full recap and a guide to your next steps.

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