Price to Earnings (P/E)
since 2005
Calculation
Anadarko Petroleum Corp., P/E, long-term trends, calculation
| P/E | = | Share price1, 2, 3 | ÷ | Earnings per share1 (EPS) | EPS1 | = | Net income (loss) attributable to common stockholders1 (in millions) | ÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 17, 2017 | — | = | 66.77 | ÷ | -5.49 | -5.49 | = | -3,071 | ÷ | 558,979,551 | |
| Feb 17, 2016 | — | = | 40.50 | ÷ | -13.16 | -13.16 | = | -6,692 | ÷ | 508,438,647 | |
| Feb 20, 2015 | — | = | 85.45 | ÷ | -3.45 | -3.45 | = | -1,750 | ÷ | 506,650,285 | |
| Feb 28, 2014 | 52.93 | = | 84.16 | ÷ | 1.59 | 1.59 | = | 801 | ÷ | 503,767,298 | |
| Feb 19, 2013 | 17.61 | = | 84.13 | ÷ | 4.78 | 4.78 | = | 2,391 | ÷ | 500,565,966 | |
| Feb 21, 2012 | — | = | 85.74 | ÷ | -5.31 | -5.31 | = | -2,649 | ÷ | 498,427,854 | |
| Feb 23, 2011 | 51.95 | = | 79.67 | ÷ | 1.53 | 1.53 | = | 761 | ÷ | 496,258,104 | |
| Feb 23, 2010 | — | = | 69.18 | ÷ | -0.27 | -0.27 | = | -135 | ÷ | 492,562,381 | |
| Feb 25, 2009 | 5.01 | = | 35.54 | ÷ | 7.09 | 7.09 | = | 3,260 | ÷ | 459,881,004 | |
| Feb 29, 2008 | 7.90 | = | 63.74 | ÷ | 8.07 | 8.07 | = | 3,778 | ÷ | 468,065,186 | |
| Feb 28, 2007 | 3.85 | = | 40.29 | ÷ | 10.48 | 10.48 | = | 4,851 | ÷ | 463,098,338 | |
| Mar 3, 2006 | 9.54 | = | 51.04 | ÷ | 5.35 | 5.35 | = | 2,466 | ÷ | 460,882,446 |
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), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Anadarko Petroleum Corp. Annual Report.
The financial data reveals several notable trends concerning the share price, earnings per share (EPS), and price-to-earnings (P/E) ratio over the indicated periods.
- Share Price
- The share price exhibited considerable volatility across the years. It started at $51.04 in early 2006, declined to a low of $35.54 in early 2009, and then experienced a general upward trend, reaching a peak of $85.74 in early 2012. Following this peak, the price stabilized somewhat in the mid-$80 range until early 2015, when it dropped sharply to $40.50. By early 2017, the share price rebounded to $66.77, indicating partial recovery after the decline.
- Earnings per Share (EPS)
- EPS demonstrated significant fluctuations and a generally deteriorating trend over the period. Starting at $5.35 in 2006, EPS peaked at $10.48 in 2007 before gradually declining. Notably, negative EPS values were observed in several years: -$0.27 in 2010, -$5.31 in 2012, and worsening to -$13.16 by 2016, followed by a slight improvement to -$5.49 in 2017. The intermittent positive values amidst negative results suggest periods of operational difficulty impacting profitability.
- Price-to-Earnings (P/E) Ratio
- The P/E ratio, where available, showed substantial variation reflecting the volatility of earnings relative to share price. The ratio was relatively low at 9.54 in 2006 and reached a trough of 3.85 in 2007, indicating higher earnings relative to price at that time. In later years, the P/E ratio spiked notably, with figures such as 51.95 in 2011 and 52.93 in 2014, which coincided with low or negative EPS values — a sign of either market optimism despite poor earnings or earnings temporarily skewing the ratio upward. Several years have missing P/E data, likely due to negative earnings making the ratio undefined or less meaningful.
In summary, the share price reflected market volatility with an overall upward tendency until 2012, followed by a sharp decline and subsequent partial recovery by 2017. EPS trends indicate worsening profitability with recurring negative periods, while the P/E ratio's irregular behavior underscores the challenges in valuation during volatile earnings periods.
Comparison to Competitors
Anadarko Petroleum Corp., P/E, long-term trends, comparison to competitors
| Anadarko Petroleum Corp. | Chevron Corp. | ConocoPhillips | Exxon Mobil Corp. | Occidental Petroleum Corp. | |
|---|---|---|---|---|---|
| Feb 17, 2017 | — | — | — | 42.80 | — |
| Feb 17, 2016 | — | 35.02 | — | 20.96 | — |
| Feb 20, 2015 | — | 10.61 | 12.03 | 11.56 | 99.82 |
| Feb 28, 2014 | 52.93 | 10.04 | 8.91 | 12.71 | 12.93 |
| Feb 19, 2013 | 17.61 | 8.61 | 8.49 | 8.94 | 14.33 |
| Feb 21, 2012 | — | 7.96 | 7.60 | 10.03 | 12.54 |
| Feb 23, 2011 | 51.95 | 10.77 | 9.89 | 13.89 | 18.26 |
| Feb 23, 2010 | — | 13.81 | 14.78 | 15.92 | 22.01 |
| Feb 25, 2009 | 5.01 | 5.29 | — | 7.42 | 5.96 |
| Feb 29, 2008 | 7.90 | 9.89 | 10.59 | 11.78 | 11.21 |
| Feb 28, 2007 | 3.85 | 8.63 | 7.09 | 10.33 | 9.28 |
| Mar 3, 2006 | 9.54 | 9.04 | 6.31 | 10.03 | 7.06 |
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), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Oil, Gas & Consumable Fuels)
Anadarko Petroleum Corp., P/E, long-term trends, comparison to sector (oil, gas & consumable fuels)
| Anadarko Petroleum Corp. | Oil, Gas & Consumable Fuels | |
|---|---|---|
| Feb 17, 2017 | — | 207.70 |
| Feb 17, 2016 | — | 69.95 |
| Feb 20, 2015 | — | 12.22 |
| Feb 28, 2014 | 52.93 | 11.39 |
| Feb 19, 2013 | 17.61 | 9.08 |
| Feb 21, 2012 | — | 9.24 |
| Feb 23, 2011 | 51.95 | 12.59 |
| Feb 23, 2010 | — | 15.66 |
| Feb 25, 2009 | 5.01 | 9.49 |
| Feb 29, 2008 | 7.90 | 11.09 |
| Feb 28, 2007 | 3.85 | 9.23 |
| Mar 3, 2006 | 9.54 | 8.87 |
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), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Energy)
Anadarko Petroleum Corp., P/E, long-term trends, comparison to industry (energy)
| Anadarko Petroleum Corp. | Energy | |
|---|---|---|
| Feb 17, 2017 | — | 527.67 |
| Feb 17, 2016 | — | 64.02 |
| Feb 20, 2015 | — | 12.81 |
| Feb 28, 2014 | 52.93 | 11.89 |
| Feb 19, 2013 | 17.61 | 9.68 |
| Feb 21, 2012 | — | 9.84 |
| Feb 23, 2011 | 51.95 | 13.56 |
| Feb 23, 2010 | — | 16.28 |
| Feb 25, 2009 | 5.01 | 9.48 |
| Feb 29, 2008 | 7.90 | 11.63 |
| Feb 28, 2007 | 3.85 | 9.74 |
| Mar 3, 2006 | 9.54 | 9.58 |
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), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).