Stock Analysis on Net

Anadarko Petroleum Corp. (NYSE:APC)

$22.49

This company has been moved to the archive! The financial data has not been updated since October 31, 2017.

Common Stock Valuation Ratios (Price Multiples)

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Current Valuation Ratios

Anadarko Petroleum Corp., current price multiples

Microsoft Excel
Anadarko Petroleum Corp. Chevron Corp. ConocoPhillips Exxon Mobil Corp. Occidental Petroleum Corp.
Selected Financial Data
Current share price (P)
No. shares of common stock outstanding
 
Earnings per share (EPS)
Operating profit per share
Sales per share
Book value per share (BVPS)
Valuation Ratios (Price Multiples)
Price to sales (P/S)
Price to book value (P/BV)

Based on: 10-K (reporting date: 2016-12-31).

If the company price multiple is lower then the price multiple of benchmark then company stock is relatively undervalued.
Otherwise, if the company price multiple is higher then the price multiple of benchmark then company stock is relatively overvalued.


Historical Valuation Ratios (Summary)

Anadarko Petroleum Corp., historical price multiples

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Dec 31, 2016 Dec 31, 2015 Dec 31, 2014 Dec 31, 2013 Dec 31, 2012
Price to earnings (P/E)
Price to operating profit (P/OP)
Price to sales (P/S)
Price to book value (P/BV)

Based on: 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31).


Price to Earnings (P/E) Ratio
The P/E ratio displays a notable increase from 17.61 in 2012 to 52.93 in 2013, indicating a significant rise in the market valuation relative to earnings in that period. However, data for subsequent years is missing, preventing further trend analysis beyond 2013.
Price to Operating Profit (P/OP) Ratio
The P/OP ratio shows a gradual increase from 11.3 in 2012 to 12.72 in 2013, followed by a marked decline to 8.01 in 2014. This pattern suggests that the company's operating profit became relatively more valuable in the market by 2014, though values for 2015 and 2016 are not available.
Price to Sales (P/S) Ratio
The P/S ratio declines steadily from 3.16 in 2012 to 2.17 in 2015, indicating a decreasing market valuation relative to sales over this period. However, in 2016, the ratio jumps sharply to 4.42, signaling a significant change in market perception or company performance relative to sales in that year.
Price to Book Value (P/BV) Ratio
The P/BV ratio fluctuates during the observed years, starting at 2.04 in 2012, slightly decreasing to 1.94 in 2013, then increasing to 2.19 in 2014. It falls again to 1.61 in 2015 before rising significantly to 3.06 in 2016. This volatility may reflect changing investor confidence in the company's net asset base or market conditions affecting book value assessments.

Price to Earnings (P/E)

Anadarko Petroleum Corp., historical P/E calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2016 Dec 31, 2015 Dec 31, 2014 Dec 31, 2013 Dec 31, 2012
No. shares of common stock outstanding1
Selected Financial Data (US$)
Net income (loss) attributable to common stockholders (in millions)
Earnings per share (EPS)2
Share price1, 3
Valuation Ratio
P/E ratio4
Benchmarks
P/E Ratio, Competitors5
Chevron Corp.
ConocoPhillips
Exxon Mobil Corp.
Occidental Petroleum Corp.

Based on: 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31).

1 Data adjusted for splits and stock dividends.

2 2016 Calculation
EPS = Net income (loss) attributable to common stockholders ÷ No. shares of common stock outstanding
= ÷ =

3 Closing price as at the filing date of Anadarko Petroleum Corp. Annual Report.

4 2016 Calculation
P/E ratio = Share price ÷ EPS
= ÷ =

5 Click competitor name to see calculations.


Share Price
The share price remained relatively stable between 2012 and 2014, with values around 84 to 85 US dollars. In 2015, there was a significant decline to 40.5 US dollars, representing a reduction of over 50% from the previous year. In 2016, the share price partially recovered to 66.77 US dollars, although it did not reach the levels observed in 2012 through 2014.
Earnings per Share (EPS)
The EPS exhibited a marked downturn over the five-year period. Starting at 4.78 US dollars in 2012, it dropped sharply to 1.59 in 2013 and then turned negative in 2014 with -3.45. This negative trend continued and worsened in 2015 and 2016, reaching -13.16 and -5.49 respectively. This indicates deteriorating profitability and financial performance over the years, with losses accelerating significantly after 2013.
Price-to-Earnings (P/E) Ratio
The P/E ratio was 17.61 in 2012, reflecting a standard valuation relative to earnings. In 2013, the P/E increased substantially to 52.93, influenced by the large decrease in EPS despite a relatively stable share price. The P/E ratio is unavailable for subsequent years likely due to negative earnings making the ratio undefined or not meaningful.

Price to Operating Profit (P/OP)

Anadarko Petroleum Corp., historical P/OP calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2016 Dec 31, 2015 Dec 31, 2014 Dec 31, 2013 Dec 31, 2012
No. shares of common stock outstanding1
Selected Financial Data (US$)
Operating income (loss) (in millions)
Operating profit per share2
Share price1, 3
Valuation Ratio
P/OP ratio4
Benchmarks
P/OP Ratio, Competitors5
Chevron Corp.
ConocoPhillips
Exxon Mobil Corp.
Occidental Petroleum Corp.

Based on: 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31).

1 Data adjusted for splits and stock dividends.

2 2016 Calculation
Operating profit per share = Operating income (loss) ÷ No. shares of common stock outstanding
= ÷ =

3 Closing price as at the filing date of Anadarko Petroleum Corp. Annual Report.

4 2016 Calculation
P/OP ratio = Share price ÷ Operating profit per share
= ÷ =

5 Click competitor name to see calculations.


The data reveals a fluctuating performance over the five-year period with significant volatility evident in certain metrics.

Share Price Trends
The share price remained relatively stable from 2012 through 2014, hovering around the mid-80 US dollars mark. However, there was a notable decline in 2015, where the price dropped nearly 53% from the previous year to 40.5 US dollars. The share price recovered partially in 2016, rising to 66.77 US dollars, yet it remained below earlier levels.
Operating Profit Per Share
Operating profit per share demonstrated a positive trend from 2012 to 2014, increasing from 7.45 to 10.66 US dollars, which indicates improving core profitability during this span. However, 2015 marked a dramatic reversal with operating profit per share turning negative at -17.33 US dollars, indicative of significant operational challenges or extraordinary expenses. The negative trend persisted in 2016, albeit at a less severe level of -4.65 US dollars.
Price to Operating Profit Ratio (P/OP)
This ratio decreased from 11.3 in 2012 to 8.01 in 2014, reflecting improved operational earnings relative to the share price. Notably, data for 2015 and 2016 is absent, likely due to negative operating profits making the ratio undefined or irrelevant during these years.

In summary, the company experienced a period of growth in operational profitability through 2014, accompanied by stable share prices and improved valuation multiples. However, from 2015 onwards, operational performance deteriorated sharply, leading to losses and a corresponding slump in share price. The partial recovery in share price in 2016 contrasts with continued operational losses, suggesting market expectations of eventual improvement or other external valuation factors.


Price to Sales (P/S)

Anadarko Petroleum Corp., historical P/S calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2016 Dec 31, 2015 Dec 31, 2014 Dec 31, 2013 Dec 31, 2012
No. shares of common stock outstanding1
Selected Financial Data (US$)
Sales revenues (in millions)
Sales per share2
Share price1, 3
Valuation Ratio
P/S ratio4
Benchmarks
P/S Ratio, Competitors5
Chevron Corp.
ConocoPhillips
Exxon Mobil Corp.
Occidental Petroleum Corp.

Based on: 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31).

1 Data adjusted for splits and stock dividends.

2 2016 Calculation
Sales per share = Sales revenues ÷ No. shares of common stock outstanding
= ÷ =

3 Closing price as at the filing date of Anadarko Petroleum Corp. Annual Report.

4 2016 Calculation
P/S ratio = Share price ÷ Sales per share
= ÷ =

5 Click competitor name to see calculations.


The analysis of the annual financial data reveals distinct trends in the share price, sales per share, and price-to-sales (P/S) ratio over the period from 2012 to 2016.

Share Price
The share price remains relatively stable between 2012 and 2014, fluctuating marginally around the mid-80s US dollars. However, a significant decline is observed in 2015, with the price dropping to 40.5 US dollars, nearly halving from the previous year. In 2016, there is a partial recovery with the share price increasing to 66.77 US dollars, although it does not return to levels seen before 2015.
Sales Per Share
Sales per share show an increasing trend from 26.58 US dollars in 2012 to a peak of 32.32 US dollars in 2014. Starting in 2015, a notable decrease occurs, with sales per share falling to 18.66 US dollars, and continuing to decline to 15.11 US dollars in 2016. This pattern indicates weakening sales performance per share during the latter years.
Price-to-Sales (P/S) Ratio
The P/S ratio decreases steadily from 3.16 in 2012 to 2.17 in 2015, consistent with the declining share price and sales per share values. In 2016, however, this ratio rises sharply to 4.42, indicating a possible increase in the market valuation relative to sales despite continued sales per share decline. This could reflect investor optimism or market expectations for future performance improvement.

Price to Book Value (P/BV)

Anadarko Petroleum Corp., historical P/BV calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2016 Dec 31, 2015 Dec 31, 2014 Dec 31, 2013 Dec 31, 2012
No. shares of common stock outstanding1
Selected Financial Data (US$)
Stockholders’ equity (in millions)
Book value per share (BVPS)2
Share price1, 3
Valuation Ratio
P/BV ratio4
Benchmarks
P/BV Ratio, Competitors5
Chevron Corp.
ConocoPhillips
Exxon Mobil Corp.
Occidental Petroleum Corp.

Based on: 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31).

1 Data adjusted for splits and stock dividends.

2 2016 Calculation
BVPS = Stockholders’ equity ÷ No. shares of common stock outstanding
= ÷ =

3 Closing price as at the filing date of Anadarko Petroleum Corp. Annual Report.

4 2016 Calculation
P/BV ratio = Share price ÷ BVPS
= ÷ =

5 Click competitor name to see calculations.


Share Price Trends
The share price remained relatively stable from 2012 to 2014, oscillating around the mid-80 US dollar range. However, there was a significant decline in 2015, with the price dropping sharply to 40.5 US dollars. In 2016, the share price showed signs of recovery, increasing to 66.77 US dollars, though it did not return to the earlier high levels observed in 2012-2014.
Book Value per Share (BVPS) Trends
The book value per share exhibited a declining trend over the five-year period. Starting at 41.21 US dollars in 2012, BVPS increased slightly in 2013 to 43.39 US dollars, but then steadily decreased each year afterwards, reaching 21.85 US dollars by the end of 2016. This represents a nearly 50% decline from its peak in 2013.
Price-to-Book Value Ratio (P/BV) Trends
The P/BV ratio started at 2.04 in 2012 and showed minor fluctuations through 2014, peaking at 2.19 before dropping to 1.61 in 2015. Despite the decline in both share price and BVPS in 2015, the ratio was lower due to the sharper drop in price being somewhat offset by the decline in book value. Notably, in 2016, the P/BV ratio increased markedly to 3.06, driven primarily by the increase in share price alongside continued decreases in BVPS. This suggests a higher market valuation relative to book value compared to earlier periods.
Overall Insights
The financial data indicates a period of volatility with a pronounced decline in both asset value per share and market price around 2015. Although the market price partially recovered in 2016, the book value per share continued to decline, resulting in an elevated P/BV ratio that may imply increased investor optimism or overvaluation relative to book value. The divergence between market price and BVPS in 2016 warrants further analysis of underlying factors affecting market perception and asset valuation.