APA - Apache Corporation

NYSE - Nasdaq Real Time Price. Currency in USD
26.38
-0.37 (-1.38%)
As of 11:01AM EST. Market open.
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Previous Close26.75
Open27.24
Bid26.38 x 900
Ask26.41 x 900
Day's Range26.07 - 27.29
52 Week Range18.33 - 38.12
Volume738,176
Avg. Volume6,274,355
Market Cap9.92B
Beta (5Y Monthly)2.00
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield1.00 (3.52%)
Ex-Dividend DateApr 20, 2020
1y Target EstN/A
  • Why Earnings Season Could Be Great for Apache (APA)
    Zacks

    Why Earnings Season Could Be Great for Apache (APA)

    Apache (APA) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

  • Is A Beat Likely for Apache (APA) This Earnings Season?
    Zacks

    Is A Beat Likely for Apache (APA) This Earnings Season?

    Apache's (APA) high-quality drilling inventory with greater resource potential is likely to help it deliver substantial growth in Q4 results, which in turn, should boost its competence level.

  • South Texas Drilling Permit Roundup: Major Permian player to drill in Austin Chalk
    American City Business Journals

    South Texas Drilling Permit Roundup: Major Permian player to drill in Austin Chalk

    A publicly-traded driller that recently laid off its local workers is turning its attention to South Texas—an area of the state it largely ignores.

  • 4 Oil Stocks Poised to Outshine Earnings Estimates in Q4
    Zacks

    4 Oil Stocks Poised to Outshine Earnings Estimates in Q4

    The exploration and production players that primarily produce oil are likely to have benefited from favourable prices in Q4.

  • Need To Know: Apache Corporation (NYSE:APA) Insiders Have Been Buying Shares
    Simply Wall St.

    Need To Know: Apache Corporation (NYSE:APA) Insiders Have Been Buying Shares

    We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The...

  • Noble Energy (NBL) to Report Q4 Earnings: What's in Store?
    Zacks

    Noble Energy (NBL) to Report Q4 Earnings: What's in Store?

    Noble Energy (NBL) is slated to release fourth-quarter earnings on Feb 12. U.S. operations are likely to have contributed bulk of its sales.

  • The Market Timing Secrets No One Talks About - February 07, 2020
    Zacks

    The Market Timing Secrets No One Talks About - February 07, 2020

    Have you ever dreamed of being that one in a million investor who has the talent to perfectly time the markets?

  • Barrons.com

    Hess and 5 More Energy Stocks That Could Cut Their Dividends, According to an Analyst

    Two oil-and-gas companies have cut their payouts in the past month. A new report attempts to predict which others could do the same in the months ahead.

  • How Important Is The Suriname Oil Discovery?
    Oilprice.com

    How Important Is The Suriname Oil Discovery?

    Guyana has been the offshore success story of 2019, and Suriname could be the story of 2020 after Apache and Total made a significant discovery of both oil and condensate off its coast

  • Yes, You Can Time the Market. Find out How - January 17, 2020
    Zacks

    Yes, You Can Time the Market. Find out How - January 17, 2020

    Is the ability to time the markets more of a data-driven science or a 'gut - feeling' art?

  • S&P 500 Up 1000 Points in a Month: 10 Stocks Boosted the ETF
    Zacks

    S&P 500 Up 1000 Points in a Month: 10 Stocks Boosted the ETF

    The S&P 500 touched the 3,300 mark on Jan 16, having added 1000 points in less than a month. Which stocks led to the ETF rally.

  • MTDR vs. APA: Which Stock Should Value Investors Buy Now?
    Zacks

    MTDR vs. APA: Which Stock Should Value Investors Buy Now?

    MTDR vs. APA: Which Stock Is the Better Value Option?

  • Oil & Gas US E&P Outlook: Bullish Signals Abound
    Zacks

    Oil & Gas US E&P Outlook: Bullish Signals Abound

    Oil & Gas US E&P; Outlook: Bullish Signals Abound

  • Oil & Gas Stock Roundup: Apache's Oil Find, BP's Asset Sale & More
    Zacks

    Oil & Gas Stock Roundup: Apache's Oil Find, BP's Asset Sale & More

    Apache (APA) shares rocket following a discovery offshore Suriname block 58. BP plc (BP) agrees to divest certain North Sea assets for $625 million.

  • The Zacks Analyst Blog Highlights: Apache, Occidental Petroleum, Chevron, Halliburton Company and National Oilwell Varco
    Zacks

    The Zacks Analyst Blog Highlights: Apache, Occidental Petroleum, Chevron, Halliburton Company and National Oilwell Varco

    The Zacks Analyst Blog Highlights: Apache, Occidental Petroleum, Chevron, Halliburton Company and National Oilwell Varco

  • Benzinga

    Bulls And Bears Of The Week: Apple, Citigroup, Southwest, Walgreens And More

    Benzinga has examined the prospects for many investor favorite stocks over the past week. Benzinga continues to examine the prospects for many of the stocks most popular with investors. In Shanthi Rexaline's "7 Reasons Why Apple Is Staying On Needham's Conviction List In 2020," find out why, despite some short-term concerns, Apple Inc. (NASDAQ: AAPL) remains a long-term pick.

  • Bearish Sentiment Returns To Oil Markets
    Oilprice.com

    Bearish Sentiment Returns To Oil Markets

    Oil prices have fallen dramatically as fears of a hot war subside and the reality of a global oil glut returns to the forefront of traders' minds.

  • That Was Quick! Shale Jobs Growth Has Ended
    Bloomberg

    That Was Quick! Shale Jobs Growth Has Ended

    (Bloomberg Opinion) -- We’re not even two weeks into 2020 and the oil market has ripped through a cycle already. Courtesy of geopolitical spiciness in the Middle East, prices jumped, had a little think about it, and then slumped back into the easy chair. Still, with Iran’s nuclear deal unraveling and the U.S. election spooling up in the background, we can expect more mini-dramas as the year unfolds.But one cycle has likely come to an end already, if Friday’s job numbers are any guide.The U.S. oil and gas production business cut 6,500 jobs in November, according to preliminary figures from the Bureau of Labor Statistics.(1)That took its ranks to 430,200 — effectively flat with where it was in November 2018. In other words, the period of year-over-year job gains in the sector that began in June 2017 has come to an end. When December’s figures are published, and notwithstanding an increase in extraction jobs, overall payrolls will likely show a slight dip.At 30 months, this latest period of gains was notably short, roughly half the length of the two prior cycles. It also came off the deepest jobs recession in the industry going back at least three decades. That whipsaw speaks to both the scale of the crash in energy markets that kicked off in late 2014 and the compressed time scales of shale production versus the longer cycles of conventional fields.It isn’t all bad, though. While jobs have plateaued, they have leveled out at where they were in late 2015. That is still 100,000 or so fewer than the pre-crash peak. But as is by now painfully clear from the drubbing meted out to E&P stocks, that frenzy of activity was economically unsustainable.Just this week, Apache Corp. announced hundreds of job cuts despite having also delivered news of a major discovery in offshore Suriname. Meanwhile, Occidental Petroleum Corp. is also beginning layoffs as it tries to reduce the debt taken on in last year's acquisition of Anadarko Petroleum Corp. Clouds over long-term demand and the sheer volatility induced by things like tremors in the Middle East mean the mindset of doing more with less should be a lasting legacy of the past five years’ experience. By my rough calculation, E&P wages are running at around 10% of revenue — on a par with 2012, when oil averaged almost $100 a barrel(2). With E&P companies still early in the process of repairing balance sheets and reputations with investors, even geopolitical frisson isn’t likely to spur another hiring binge.  (1) Oil and gas extraction employment figures are released on the same schedule as overall payroll figures. Oil and gas support employment (roughly 60% of the upstream workforce) comes with a two-month lag. Hence, November 2019 is the latest month for which we have complete data.(2) I calculate this by multiplying employees by hours worked and hourly rates to get the overall wage bill. Revenues are calculated by multiplying production of crude oil, natural gas and natural gas liquids by average monthly spot prices.To contact the author of this story: Liam Denning at ldenning1@bloomberg.netTo contact the editor responsible for this story: Mark Gongloff at mgongloff1@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Liam Denning is a Bloomberg Opinion columnist covering energy, mining and commodities. He previously was editor of the Wall Street Journal's Heard on the Street column and wrote for the Financial Times' Lex column. He was also an investment banker.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • How Did Apache Corporation (APA) Compare Against Hedge Fund Darlings in 2019?
    Insider Monkey

    How Did Apache Corporation (APA) Compare Against Hedge Fund Darlings in 2019?

    Amid an overall bull market, many stocks that smart money investors were collectively bullish on surged in 2019. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 57%. Our research shows that most of the stocks that smart money likes historically generate strong risk-adjusted returns. That's why we weren't […]

  • Job Losses Galore Across the Energy Sector: What Lies Next?
    Zacks

    Job Losses Galore Across the Energy Sector: What Lies Next?

    In a bid to rebound from the cautious spending by oil and gas as well as exploration and production companies due to soft oil prices, Apache (APA) plans to slash global headcount by 500.

  • Barrons.com

    A New Hot Spot for Oil Could Boost These 4 Companies

    The hottest area for new oil and gas production isn’t in the Middle East or the U.S. Permian Basin. It’s off the northeast coast of South America.

  • Houston-based oil and gas producer to close facility, affecting 272 jobs
    American City Business Journals

    Houston-based oil and gas producer to close facility, affecting 272 jobs

    The company notified the Texas Workforce Commission of hundreds of jobs that will be cut due to the closure of a San Antonio facility.

  • American City Business Journals

    Oil and gas driller shutting down San Antonio office, laying off more than 270 workers

    San Antonio-based workers for Houston driller Apache Corp. will soon be out of a job, the company told the Texas Workforce Commission this week. In a letter dated Jan. 6, Dominic Ricotta, senior VP of human resources, said that all 272 workers in the Alamo City will be laid off on Mar. 6. Shutting down the San Antonio office is part of that centralization process, as well as cutting 10 to 15 percent of its workforce worldwide, a company spokesperson said in a statement Thursday.

  • Rigzone.com

    Apache to Close San Antonio Office, Cut Hundreds of Jobs

    Apache Corp. is shuttering its San Antonio office, resulting in the layoffs of hundreds of employees.

  • Apache (APA) Outpaces Stock Market Gains: What You Should Know
    Zacks

    Apache (APA) Outpaces Stock Market Gains: What You Should Know

    Apache (APA) closed at $32.73 in the latest trading session, marking a +0.68% move from the prior day.