27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
Anadarko Petroleum Corporation (NYSE: APC) announced third-quarter 2014 financial results Tuesday.
The company reported net income attributable to common stockholders of $1.087 billion, or $2.12 per share (diluted).
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These results include certain items typically excluded by the investment community in published estimates. In total, these items increased net income by approximately $487 million, or $0.96 per share (diluted), on an after-tax basis.
Without the above items, EPS was $1.16, below estimates of $1.27, and above the comparable EPS of $1.12 reported for the same period in 2013.
Total revenue for the quarter was $5.01 billion, above estimates of $4.29 billion and above $3.853 billion reported for the same period in 2013.
"Anadarko delivered another outstanding quarter with year-over-year liquids sales-volume growth of 35 percent on a divestiture-adjusted basis, approximately $1.2 billion of new asset monetizations and enhanced cash margins per barrel," said Al Walker, Anadarko Chairman, President and CEO.
"The impressive results from our operating activities enable us to increase our 2014 full-year sales-volume expectations for the third time this year, to a new range of 304 to 306 million BOE," he added.
"The significant liquids sales-volume growth was primarily driven by the excellent results of our Wattenberg horizontal program, where oil volumes doubled relative to the third quarter of last year. We believe the depth and flexibility of our portfolio, along with our efficient allocation of capital and commitment to value acceleration will enable us to continue delivering differentiating value to our shareholders."
Anadarko Petroleum Corporation closed at $90.35 Tuesday, up 2.30 percent.
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.