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Is Anadarko Petroleum (APC) Outperforming Other Oils-Energy Stocks This Year?

Zacks Equity Research

Investors interested in Oils-Energy stocks should always be looking to find the best-performing companies in the group. Is Anadarko Petroleum (APC) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Oils-Energy sector should help us answer this question.

Anadarko Petroleum is a member of our Oils-Energy group, which includes 311 different companies and currently sits at #4 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.

The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. APC is currently sporting a Zacks Rank of #1 (Strong Buy).

Within the past quarter, the Zacks Consensus Estimate for APC's full-year earnings has moved 84.51% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

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Our latest available data shows that APC has returned about 65.99% since the start of the calendar year. In comparison, Oils-Energy companies have returned an average of 10.71%. This shows that Anadarko Petroleum is outperforming its peers so far this year.

To break things down more, APC belongs to the Oil and Gas - Exploration and Production - United States industry, a group that includes 74 individual companies and currently sits at #49 in the Zacks Industry Rank. Stocks in this group have gained about 13.57% so far this year, so APC is performing better this group in terms of year-to-date returns.

APC will likely be looking to continue its solid performance, so investors interested in Oils-Energy stocks should continue to pay close attention to the company.


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