Anadarko Stock Hits New 52-Week High (APC)

NEW YORK ( TheStreet) -- Anadarko Petroleum (NYSE: APC) hit a new 52-week high Tuesday as it is currently trading at $85.53, above its previous 52-week high of $85.50 with 2.9 million shares traded as of 11 a.m. ET. Average volume has been 3.6 million shares over the past 30 days.

Anadarko has a market cap of $39.33 billion and is part of the basic materials sector and energy industry. Shares are up 8.6% year to date as of the close of trading on Monday.

Anadarko Petroleum Corporation engages in the oil and gas exploration and production, midstream, and marketing activities primarily in the United States, the deepwater of the Gulf of Mexico, and Algeria.

TheStreet Ratings rates Anadarko as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income and disappointing return on equity. You can view the full Anadarko Ratings Report.

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