Anadarko well could be worth $4 per share, says Wells Fargo After Anadarko announced a successful appraisal well in the Gulf, Wells Fargo believes that, based on the value of two of the company's prior projects, the new well could increase Anadarko's value by about $4 per share. The firm maintains an Outperform rating on the stock.
Anadarko August calls active Anadarko August 72 and 73.5 calls are active on total call volume of 7K contracts (1K puts) on takeover speculation. August call option implied volatility is at 55, August weekly is at 44, September is at 40; compared to its 52-week range of 22 to 56. Active call volume suggests traders taking positions for large near term price movement.