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Apache Corp. Message Board

  • joelm_shapiro joelm_shapiro Nov 13, 2012 4:33 PM Flag

    Apache must raise the dividend tomorrow

    Or this stock is going to zero. There is no reason in the world that Apache can't pay out 25% of cash flow while growing production a more modest 3-5%. Nobody is looking for 10% growth from APA anymore. They want to see a balanced approach. Farris must change course or be fired. His way is a total failure. Pay investors a real dividend and they will support the stock. Give investors the finger and you get the finger back.

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