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Anadarko Petroleum

DB:AAZ
Snowflake Description

Moderate growth potential second-rate dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
AAZ
DB
$36B
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

Anadarko Petroleum Corporation engages in the exploration, development, production, and marketing of oil and gas properties. The last earnings update was 9 days ago. More info.


Add to Portfolio Compare Print
AAZ Share Price and Events
7 Day Returns
-3.5%
DB:AAZ
-4.7%
DE Oil and Gas
-3.6%
DE Market
1 Year Returns
15.5%
DB:AAZ
11.4%
DE Oil and Gas
-11.7%
DE Market
AAZ Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Anadarko Petroleum (AAZ) -3.5% 1.3% -1.2% 15.5% 33.1% -19%
DE Oil and Gas -4.7% -6.4% -4.9% 11.4% 12.4% 79%
DE Market -3.6% -5.4% -4.6% -11.7% 0.1% 11.4%
1 Year Return vs Industry and Market
  • AAZ outperformed the Oil and Gas industry which returned 11.4% over the past year.
  • AAZ outperformed the Market in Germany which returned -11.7% over the past year.
Price Volatility
AAZ
Industry
5yr Volatility vs Market

Value

 Is Anadarko Petroleum undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Anadarko Petroleum to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Anadarko Petroleum.

DB:AAZ Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 16 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.4%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:AAZ
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Oil and Gas Unlevered Beta Simply Wall St/ S&P Global 0.9
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.905 (1 + (1- 21%) (55.71%))
1.203
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.203 * 5.96%)
7.4%

Discounted Cash Flow Calculation for DB:AAZ using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Anadarko Petroleum is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:AAZ DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 7.4%)
2020 1,211.51 Analyst x10 1,128.06
2021 1,250.35 Analyst x6 1,084.02
2022 1,951.05 Analyst x2 1,575.00
2023 966.10 Analyst x1 726.17
2024 964.97 Est @ -0.12% 675.36
2025 964.84 Est @ -0.01% 628.75
2026 965.42 Est @ 0.06% 585.79
2027 966.47 Est @ 0.11% 546.03
2028 967.88 Est @ 0.15% 509.16
2029 969.52 Est @ 0.17% 474.89
Present value of next 10 years cash flows $7,933.23
DB:AAZ DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $969.52 × (1 + 0.23%) ÷ (7.4% – 0.23%)
$13,552.75
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $13,552.75 ÷ (1 + 7.4%)10
$6,638.42
DB:AAZ Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $7,933.23 + $6,638.42
$14,571.65
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $14,571.65 / 502.45
$29
DB:AAZ Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:AAZ represents 0.8906x of NYSE:APC
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.8906x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 29.00 x 0.8906
€25.83
Value per share (EUR) From above. €25.83
Current discount Discount to share price of €64.31
= -1 x (€64.31 - €25.83) / €25.83
-149%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Anadarko Petroleum is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Anadarko Petroleum's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Anadarko Petroleum's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:AAZ PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in USD $-1.18
NYSE:APC Share Price ** NYSE (2019-08-08) in USD $72.21
Europe Oil and Gas Industry PE Ratio Median Figure of 89 Publicly-Listed Oil and Gas Companies 8.81x
Germany Market PE Ratio Median Figure of 418 Publicly-Listed Companies 19.17x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Anadarko Petroleum.

DB:AAZ PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:APC Share Price ÷ EPS (both in USD)

= 72.21 ÷ -1.18

-61.4x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Anadarko Petroleum is loss making, we can't compare its value to the Europe Oil and Gas industry average.
  • Anadarko Petroleum is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Anadarko Petroleum's expected growth come at a high price?
Raw Data
DB:AAZ PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -61.4x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 16 Analysts
41.8%per year
Europe Oil and Gas Industry PEG Ratio Median Figure of 55 Publicly-Listed Oil and Gas Companies 0.81x
Germany Market PEG Ratio Median Figure of 267 Publicly-Listed Companies 1.35x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Anadarko Petroleum, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Anadarko Petroleum's assets?
Raw Data
DB:AAZ PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in USD $15.82
NYSE:APC Share Price * NYSE (2019-08-08) in USD $72.21
Germany Oil and Gas Industry PB Ratio Median Figure of 6 Publicly-Listed Oil and Gas Companies 1.11x
Germany Market PB Ratio Median Figure of 572 Publicly-Listed Companies 1.67x
DB:AAZ PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:APC Share Price ÷ Book Value per Share (both in USD)

= 72.21 ÷ 15.82

4.57x

* Primary Listing of Anadarko Petroleum.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Anadarko Petroleum is overvalued based on assets compared to the DE Oil and Gas industry average.
X
Value checks
We assess Anadarko Petroleum's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Anadarko Petroleum has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Anadarko Petroleum expected to perform in the next 1 to 3 years based on estimates from 16 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
41.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Anadarko Petroleum expected to grow at an attractive rate?
  • Anadarko Petroleum's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Anadarko Petroleum's earnings growth is expected to exceed the Germany market average.
  • Anadarko Petroleum's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:AAZ Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:AAZ Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 16 Analysts 41.8%
DB:AAZ Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 16 Analysts 3.8%
Germany Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average -9.4%
Europe Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 2.6%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.8%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:AAZ Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 16 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:AAZ Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 16,005 8,113 1,593 1
2022-12-31 15,402 7,537 1,387 1
2021-12-31 14,554 7,010 1,058 5
2020-12-31 13,843 6,973 1,052 10
2019-12-31 13,691 5,348 -554 6
DB:AAZ Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-06-30 13,195 5,179 -581
2019-03-31 13,001 5,628 472
2018-12-31 12,906 5,929 606
2018-09-30 12,753 5,692 1,477
2018-06-30 11,756 4,684 417
2018-03-31 11,007 4,316 -27
2017-12-31 10,879 4,009 -464
2017-09-30 10,504 3,742 -1,954
2017-06-30 10,145 3,888 -2,086
2017-03-31 9,711 4,260 -2,363
2016-12-31 8,367 3,000 -3,078
2016-09-30 7,904 2,134 -3,808

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Anadarko Petroleum's earnings are expected to grow significantly at over 20% yearly.
  • Anadarko Petroleum's revenue is expected to grow by 3.8% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:AAZ Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 16 Analyst Estimates (S&P Global) See Below

All data from Anadarko Petroleum Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:AAZ Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31 3.29 4.60 1.98 2.00
2022-12-31 2.86 4.10 1.61 2.00
2021-12-31 2.18 3.33 1.36 3.00
2020-12-31 2.04 3.34 0.48 13.00
2019-12-31 1.62 2.42 0.72 10.00
DB:AAZ Past Financials Data
Date (Data in USD Millions) EPS *
2019-06-30 -1.18
2019-03-31 0.95
2018-12-31 1.20
2018-09-30 2.87
2018-06-30 0.79
2018-03-31 -0.05
2017-12-31 -0.85
2017-09-30 -3.54
2017-06-30 -3.84
2017-03-31 -4.44
2016-12-31 -5.90
2016-09-30 -7.45

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Anadarko Petroleum is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Anadarko Petroleum's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Anadarko Petroleum has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Anadarko Petroleum performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Anadarko Petroleum's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Anadarko Petroleum does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Anadarko Petroleum's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Anadarko Petroleum's 1-year growth to the Europe Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Anadarko Petroleum's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Anadarko Petroleum Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:AAZ Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 13,195.00 -581.00 1,369.00
2019-03-31 13,001.00 472.00 1,285.00
2018-12-31 12,906.00 606.00 1,373.00
2018-09-30 12,753.00 1,477.00 1,372.00
2018-06-30 11,756.00 417.00 2,081.00
2018-03-31 11,007.00 -27.00 2,401.00
2017-12-31 10,879.00 -464.00 2,827.00
2017-09-30 10,504.00 -1,954.00 3,105.00
2017-06-30 10,145.00 -2,086.00 2,598.00
2017-03-31 9,711.00 -2,363.00 2,254.00
2016-12-31 8,367.00 -3,078.00 1,787.00
2016-09-30 7,904.00 -3,808.00 1,650.00
2016-06-30 7,883.00 -5,215.00 2,389.00
2016-03-31 8,535.00 -4,461.00 2,434.00
2015-12-31 9,486.00 -6,695.00 2,496.00
2015-09-30 10,874.00 -5,845.00 2,718.00
2015-06-30 12,874.00 -2,526.00 2,027.00
2015-03-31 14,622.00 -2,354.00 2,362.00
2014-12-31 16,375.00 -1,754.00 2,472.00
2014-09-30 16,873.00 -2,124.00 2,500.00
2014-06-30 16,432.00 -3,022.00 2,394.00
2014-03-31 15,487.00 -2,331.00 2,111.00
2013-12-31 14,867.00 795.00 2,111.00
2013-09-30 13,504.00 1,763.00 2,032.00
2013-06-30 12,998.00 1,702.00 2,110.00
2013-03-31 12,758.00 689.00 2,155.00
2012-12-31 13,307.00 2,376.00 2,088.00
2012-09-30 12,640.00 1,816.00 1,942.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Anadarko Petroleum has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • Anadarko Petroleum used its assets less efficiently than the Europe Oil and Gas industry average last year based on Return on Assets.
  • It is difficult to establish if Anadarko Petroleum improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Anadarko Petroleum's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Anadarko Petroleum has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Anadarko Petroleum's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Anadarko Petroleum's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Anadarko Petroleum's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Anadarko Petroleum's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Anadarko Petroleum's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Anadarko Petroleum Company Filings, last reported 1 month ago.

DB:AAZ Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 9,331.00 18,837.00 1,409.00
2019-03-31 10,533.00 18,360.00 2,047.00
2018-12-31 10,943.00 17,573.00 1,317.00
2018-09-30 11,237.00 17,801.00 1,904.00
2018-06-30 11,495.00 17,509.00 2,340.00
2018-03-31 11,756.00 17,449.00 3,378.00
2017-12-31 13,790.00 16,872.00 4,567.00
2017-09-30 13,922.00 16,749.00 5,263.00
2017-06-30 14,656.00 16,818.00 6,020.00
2017-03-31 15,079.00 16,597.00 5,839.00
2016-12-31 15,497.00 16,699.00 3,192.00
2016-09-30 15,912.00 17,732.00 3,984.00
2016-06-30 14,600.00 17,501.00 1,397.00
2016-03-31 14,701.00 20,371.00 2,949.00
2015-12-31 15,457.00 17,210.00 941.00
2015-09-30 17,052.00 17,443.00 2,072.00
2015-06-30 19,359.00 17,168.00 2,173.00
2015-03-31 18,934.00 18,266.00 2,308.00
2014-12-31 22,318.00 16,288.00 7,369.00
2014-09-30 22,563.00 15,645.00 8,335.00
2014-06-30 21,172.00 14,243.00 5,365.00
2014-03-31 20,917.00 14,461.00 5,924.00
2013-12-31 23,650.00 14,219.00 3,698.00
2013-09-30 23,901.00 14,412.00 3,939.00
2013-06-30 23,709.00 14,378.00 4,581.00
2013-03-31 22,330.00 14,764.00 3,735.00
2012-12-31 21,882.00 14,463.00 2,471.00
2012-09-30 21,431.00 15,492.00 2,532.00
  • Anadarko Petroleum's level of debt (210.6%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (67.3% vs 210.6% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Anadarko Petroleum has sufficient cash runway for more than 3 years based on current free cash flow.
  • Anadarko Petroleum has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of -26.8% each year.
X
Financial health checks
We assess Anadarko Petroleum's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Anadarko Petroleum has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Anadarko Petroleum's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.66%
Current annual income from Anadarko Petroleum dividends. Estimated to be 1.67% next year.
If you bought €2,000 of Anadarko Petroleum shares you are expected to receive €33 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Anadarko Petroleum's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.49%).
  • Anadarko Petroleum's dividend is below the markets top 25% of dividend payers in Germany (4.1%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:AAZ Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 16 Analyst Estimates (S&P Global) See Below
Europe Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 56 Stocks 6.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 323 Stocks 3.3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 4.1%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:AAZ Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 1.22 5.00
2020-12-31 1.20 7.00
2019-12-31 1.21 7.00
DB:AAZ Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-05-15 1.200 1.674
2019-02-13 1.200 2.337
2018-11-15 1.200 2.501
2018-08-14 1.000 1.597
2018-05-15 1.000 1.413
2018-02-07 1.000 1.629
2017-11-15 0.200 0.378
2017-08-02 0.200 0.436
2017-05-10 0.200 0.424
2017-02-09 0.200 0.326
2016-11-11 0.200 0.292
2016-08-02 0.200 0.342
2016-05-10 0.200 0.379
2016-02-09 0.200 0.448
2015-11-03 1.080 2.306
2015-08-04 1.080 1.567
2015-05-12 1.080 1.358
2015-02-10 1.080 1.252
2014-11-06 1.080 1.315
2014-08-04 1.080 1.075
2014-05-13 1.080 1.018
2014-02-11 0.720 0.802
2013-11-07 0.720 0.865
2013-08-06 0.720 0.774
2013-05-14 0.360 0.408
2013-02-14 0.360 0.429
2012-11-06 0.360 0.473
2012-08-07 0.360 0.514
2012-05-15 0.360 0.550
2012-02-16 0.360 0.464
2011-11-09 0.360 0.455
2011-08-01 0.360 0.499
2011-05-17 0.360 0.471
2011-02-15 0.360 0.456
2010-11-10 0.360 0.504
2010-08-03 0.360 0.651
2010-05-18 0.360 0.800
2010-02-16 0.360 0.524
2009-11-11 0.360 0.570
2009-08-10 0.360 0.603
2009-05-19 0.360 0.775
2009-02-10 0.360 0.897
2008-11-05 0.360 0.959

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Anadarko Petroleum's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.2x coverage).
X
Income/ dividend checks
We assess Anadarko Petroleum's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Anadarko Petroleum afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Anadarko Petroleum has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Anadarko Petroleum's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Al Walker
COMPENSATION $15,516,305
AGE 62
TENURE AS CEO 7.3 years
CEO Bio

Mr. Robert A. Walker, also known as Al, has been the Chairman of Anadarko Petroleum Corporation since May 14, 2013, has been Chief Executive Officer since May 15, 2012 and served as its President since February 2010 until November 2018. Mr. Walker served as the Chief Operating Officer of Anadarko Petroleum Corp. from March 1, 2009 to May 15, 2012. He served as the Managing Director for the Global Energy Group of UBS Investment Bank from 2003 to 2005, where he was responsible for UBS's upstream energy practice. He joined Anadarko Petroleum Corp. on September 6, 2005 as Senior Vice President of Finance and Chief Financial Officer from September 2005 until March 2009. He served as Director of Seagull Energy Corp. and Enex Resources Corp. He served as the President and Chief Financial Officer of 3TEC Energy Corporation until its merger with Plains Exploration and Production Company in 2003. From 1987 to 2000, he worked for Prudential Financial in a variety of merchant banking positions as Senior Managing Director and Co-head of Prudential Capital Group. Mr. Walker has experience in both the banking and energy sectors. He served as the Chairman of Western Gas Holdings, LLC from August 2007 to September 2009. Mr. Walker serves as a Director of Ocean Energy Inc. and the Houston Producers Forum. He has been a Director of Anadarko Petroleum Corporation since May 2012. He has been Director of BOK Financial Corporation since April 2013. He serves on the Board of Trustees for the United Way of Greater Houston and the Houston Museum of Natural Science. He had been a Director at Maxus Energy Corporation since 1994. He served as a Director of Centerpoint Energy Resources Corp. since April 2010. He served as a Director of CenterPoint Energy, Inc. since April 22, 2010 until April 23, 2015. He served as a Director of Western Gas Equity Holdings, LLC from September 2012 to March 2013. Mr. Walker served as a Director of Temple-Inland Inc. since November 2008 until February 2012. He served as a Director of Western Gas Holdings, LLC from August 2007 to March 12, 2013. He served as Director of TIN Inc., and Global Natural Resources. He served as a Director of Texas Eastern Products Pipeline Company LLC since July 2002. He served as a Director of 3TEC Energy Corporation since 2000. Mr. Walker Holds a Bachelor of Science in 1979 and a Masters of Business Administration in 1984 from the University of Tulsa.

CEO Compensation
  • Al's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Al's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Anadarko Petroleum management team in years:

1.3
Average Tenure
49
Average Age
  • The average tenure for the Anadarko Petroleum management team is less than 2 years, this suggests a new team.
Management Team

Al Walker

TITLE
Chairman & CEO
COMPENSATION
$16M
AGE
62
TENURE
7.3 yrs

Bob Gwin

TITLE
President
COMPENSATION
$8M
AGE
56
TENURE
0.8 yrs

Ben Fink

TITLE
Executive VP of Finance & CFO
COMPENSATION
$4M
AGE
49
TENURE
0.8 yrs

Amanda McMillian

TITLE
Executive VP & General Counsel
COMPENSATION
$4M
AGE
46
TENURE
3.9 yrs

Danny Brown

TITLE
Executive Vice President of U.S. Onshore Operations
COMPENSATION
$7M
AGE
43
TENURE
3 yrs

Mitch Ingram

TITLE
Executive Vice President of International
COMPENSATION
$7M
AGE
56
TENURE
1.3 yrs

Christopher Champion

TITLE
Senior VP
AGE
49
TENURE
4.2 yrs

Sanjay Paranji

TITLE
CTO & VP
TENURE
1.3 yrs

Mike Pearl

TITLE
Senior VP of Finance & Investor Relations
AGE
47
TENURE
0.8 yrs

Philip Peacock

TITLE
VP, Deputy General Counsel
AGE
47
TENURE
1 yrs
Board of Directors Tenure

Average tenure and age of the Anadarko Petroleum board of directors in years:

5.9
Average Tenure
63
Average Age
  • The tenure for the Anadarko Petroleum board of directors is about average.
Board of Directors

Al Walker

TITLE
Chairman & CEO
COMPENSATION
$16M
AGE
62
TENURE
6.3 yrs

Robert Allison

TITLE
Chairman Emeritus
COMPENSATION
$378K
AGE
80
TENURE
13.6 yrs

H. Eberhart

TITLE
Lead Director
COMPENSATION
$422K
AGE
65
TENURE
3.5 yrs

Eric Mullins

TITLE
Independent Director
COMPENSATION
$387K
AGE
57
TENURE
7.3 yrs

Joe Gorder

TITLE
Independent Director
COMPENSATION
$387K
AGE
62
TENURE
5.1 yrs

John Gordon

TITLE
Independent Director
COMPENSATION
$362K
AGE
70
TENURE
31.3 yrs

Peter Fluor

TITLE
Independent Director
COMPENSATION
$362K
AGE
71
TENURE
12 yrs

Tony Chase

TITLE
Independent Director
COMPENSATION
$368K
AGE
64
TENURE
5.5 yrs

Sean William Gourley

TITLE
Independent Director
COMPENSATION
$362K
AGE
40
TENURE
3.9 yrs

David Constable

TITLE
Independent Director
COMPENSATION
$364K
AGE
58
TENURE
3.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Anadarko Petroleum's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Anadarko Petroleum has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Anadarko Petroleum Corporation engages in the exploration, development, production, and marketing of oil and gas properties. It operates through three segments: Exploration and Production, WES Midstream, and Other Midstream. The company explores for and produces oil, natural gas, and natural gas liquids (NGLs). It is also involved in gathering, processing, treating, and transporting oil, natural-gas, and NGLs production, as well as the gathering and disposal of produced water. The company’s oil and natural gas properties are located in the United States onshore and deepwater Gulf of Mexico; and Algeria, Ghana, Mozambique, Colombia, Peru, and other countries. As of December 31, 2018, it had approximately 1.5 billion barrels of oil equivalent of proved reserves. The company was founded in 1959 and is headquartered in The Woodlands, Texas.

Details
Name: Anadarko Petroleum Corporation
AAZ
Exchange: DB
Founded: 1959
$32,360,060,191
502,453,426
Website: http://www.anadarko.com
Address: Anadarko Petroleum Corporation
1201 Lake Robbins Drive,
The Woodlands,
Texas, 77380,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE APC Common Stock New York Stock Exchange US USD 08. Sep 1986
DB AAZ Common Stock Deutsche Boerse AG DE EUR 08. Sep 1986
LSE 0HFL Common Stock London Stock Exchange GB USD 08. Sep 1986
BMV APC * Common Stock Bolsa Mexicana de Valores MX MXN 08. Sep 1986
Number of employees
Current staff
Staff numbers
4,700
Anadarko Petroleum employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/08/08 20:36
End of day share price update: 2019/08/08 00:00
Last estimates confirmation: 2019/08/06
Last earnings filing: 2019/07/30
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.