| Anadarko Petroleum’s Valuation Is In-Line with Its Competitors’ | |
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Anadarko Petroleum Seeks Cost Efficiencies amid Low Energy Prices (Continued from Prior Part) Anadarko’s relative valuation
In the previous part of the series, we compared Anadarko Petroleum’s (APC) EV/EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) multiple against its own historical levels. In this part, we’ll look at the company’s valuation against the multiples of its peers.
APC’s forward EV/EBITDA
A peer group comparison shows that Anadarko’s forward EV/EBITDA multiple of ~8.5x is higher than some of its peers’ multiples. Apache (APA) is currently trading at a forward EV/EBITDA multiple of ~6.2x. Hess (HES) is trading at a multiple of ~6.7x. Pioneer Natural Resources (PXD) is trading at a higher EV/EBITDA multiple of ~12x.
When compared to the industry average, APC appears to be in-line with its peer average of ~8.6x. Together, these companies make up ~5.8% of the Vanguard Energy ETF (VDE).
Anadarko’s returns and dividends
In terms of returns, APC offers the worst returns when its profitability is scaled by its shareholder equity. This calculation is called ROE (return on equity). APC’s ROE stands at roughly -34%, which is a result of the company’s negative net earnings. Among the company’s peers, PXD has the highest ROE at ~10%.
In terms of more direct returns to shareholders, APC offers a dividend yield of ~2.5%. APA has the highest dividend yield at 2.6%.
Continue to Next Part Browse this series on Market Realist:
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Anadarko
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CODE : APC |
ISIN : US0325111070 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Anadarko est une société d’exploration minière basée au Canada. Anadarko est cotée aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 38,6 milliards US$ (34,5 milliards €). La valeur de son action a atteint son plus bas niveau récent le 12 mai 1995 à 10,00 US$, et son plus haut niveau récent le 23 mai 2014 à 99,93 US$. Anadarko possède 531 000 000 actions en circulation. |