Anadarko Petroleum Earnings Preview: Can This Streak Continue?

Anadarko Petroleum (NYSE:APC) will report earnings after markets close on Monday, May 6th. Anadarko Petroleum Corporation is an independent oil and gas exploration and production company with international operations. In the United States, the Company operates in Texas and surrounding states, the Rocky Mountain region, Alaska, and the Gulf of Mexico. Internationally, Anadarko has exploration and/or production operations in Africa, Asia, South America, and the Caribbean.

Here is your Cheat Sheet to Anadarko Petroleum Earnings:

Earnings Expectations: Analysts expect earnings of $0.93 per share on revenues of $3.49 billion. Currently, the company’s P/E ratio stands at 17.79.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.88 to a profit $0.94. For the current year, the average estimate is a profit of $4.08, which is better than the estimate ninety days ago.

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Earnings Trends:

Here’s how Anadarko Petroleum has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 15,160 9,000 10,980 13,970 13,410
Diluted EPS ($) 6.91 -0.28 1.52 -5.32 4.74

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 3,839 3,447 3,222 3,332 3,410
Diluted EPS ($) -0.7189 4.28 -0.18 0.24 0.4020

Past Performance:
Anadarko Petroleum has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

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