APA - Apache Corporation
| Previous Close | 36.12 |
| Open | 35.87 |
| Bid | 36.51 x 800 |
| Ask | 37.50 x 1400 |
| Day's Range | 35.74 - 37.27 |
| 52 Week Range | 33.60 - 50.03 |
| Volume | 4,427,504 |
| Avg. Volume | 3,413,587 |
| Market Cap | 14.039B |
| Beta (3Y Monthly) | 1.72 |
| PE Ratio (TTM) | 16.52 |
| EPS (TTM) | 2.24 |
| Earnings Date | Oct 31, 2018 - Nov 5, 2018 |
| Forward Dividend & Yield | 1.00 (2.70%) |
| Ex-Dividend Date | 2018-10-19 |
| 1y Target Est | 50.45 |
- CorpGov.com•last month
Compensation Expert: Proxy Advisors Face Conflict on Pay Advice, Has Been Called “Blackmail” in Boardrooms
Christopher Earnest, Partner, Houston Office of Compensation Advisory Partners By John Jannarone A slew of companies have been in the crosshairs of proxy advisors due to their approach to so-called Say on Pay practices. In the energy sector, for example, the likes of Halliburton, C&J, and Parker Drilling faced criticism for failing to conduct appropriate […]
- Market Realist•18 hours ago
Oil Might Have Dragged Oil-Weighted Stocks
On November 7–14, our list of oil-weighted stocks fell 11.2%—compared to the 8.8% fall in US crude oil December futures. On average, our list of oil-weighted stocks underperformed US crude oil prices. In the previous part, we saw that most of these oil-weighted stocks’ correlations with oil prices rose significantly.
- Reuters•19 hours ago
U.S. shale surge boosts industry finances, puts deals in spotlight
If OPEC thought the 26 percent drop in oil prices since October might rein in U.S. shale production like the last sharp drop did four years ago, it might have to think again. U.S. shale firms are more profitable than ever after a strong third quarter, according to a Reuters analysis of results for 32 independent producers. Results at 32 independent shale explorers show nearly a third generated more cash from operations than they spent on drilling and shareholder payouts, a group including Devon Energy , EOG Resources and Continental Resources .
- GlobeNewswire•19 hours ago
Apache Donates 50,000 Trees in Four States
Apache Corporation (NYSE, Nasdaq: APA) has announced the donation of 50,000 trees through its annual Apache Tree Grant Program. More than 4.6 million trees have been planted with partners in 17 states since the program’s launch in 2005. "I’m excited to kick off this 13th year of our tree grant program, part of our ongoing commitment to give where we live and work.
- Zacks•2 days ago
Here's Why Apache (APA) Stock Is Worth Investing in Right Now
In the Permian Basin, Apache (APA) has exposure to more than 3.1 million gross acres.
Market Realist•3 days agoConocoPhillips’ Free Cash Flow Has Strengthened in 2018
ConocoPhillips (COP) has strengthened its FCF (free cash flow) in the past one year. On a quarterly basis, COP’s FCF grew by 34.8% in Q3 2018. The rise in oil prices contributed to the rise in COP’s free cash flow. In part one, we discussed the impact of oil prices on COP’s earnings.
Market Realist•3 days agoWill ConocoPhillips Continue to Deliver amid Oil’s Turbulence?
As of November 12, Brent crude oil active futures had fallen 18.3% from their almost four-year closing high of $86.29 per barrel on October 3. However, so far in Q4 2018, Brent crude oil active futures have averaged ~4% higher on a quarter-over-quarter basis. If oil prices trade within a downside limit of ~4% from current levels, with almost half of the period left in Q4 2018, ConocoPhillips (COP) might achieve analysts’ consensus estimate, which is two cents lower than adjusted EPS last quarter. COP has an oil-weighted portfolio of 58%. ...
- Zacks•3 days ago
Should Value Investors Buy Apache (APA) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Markit•3 days agoSee what the IHS Markit Score report has to say about Apache Corp.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. The current level displays a negative indicator.
- Thomson Reuters StreetEvents•3 days ago
Edited Transcript of APA earnings conference call or presentation 1-Nov-18 3:00pm GMT
Q3 2018 Apache Corp Earnings Call
Market Realist•4 days agoUpstream Space Might See Upside This Week
On November 2–9, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) rose 0.6%—the least among major energy ETFs. US crude oil prices just above $60 and a fall of 4.7% last week due to supply concerns might have either dragged or limited the upside in upstream energy stocks. However, Saudi Arabia’s announcement on November 11 about reducing its exports by half a million barrels per day in December might bring a small pause to oil’s fall.
- Market Realist•4 days ago
What to Expect from the Energy Sector This Week
This week, specific events could impact oil and natural gas prices. Early this week, the EIA’s (U.S. Energy Information Administration) DPR (Drilling Productivity Report) and OPEC’s Monthly Oil Market Report are scheduled to be announced. Later in the week, the IEA’s Oil Market Report will provide a brief snapshot of the oil demand and supply situation.
- GlobeNewswire•4 days ago
Apache and Kayne Anderson Acquisition Corporation Announce Closing of Transaction to Create Altus Midstream Company, a Pure-Play, Permian Basin Midstream C-Corp
HOUSTON, Nov. 12, 2018 (GLOBE NEWSWIRE) -- Apache Corporation (NYSE, Nasdaq: APA) and Kayne Anderson Acquisition Corporation (“KAAC”), a special purpose acquisition company (SPAC), which previously traded on the Nasdaq under the ticker symbols KAAC and KAACW, today announced the completion of the previously announced business combination to create Altus Midstream Company (Nasdaq: ALTM, ALTMW), currently the only publicly traded, pure-play, Permian Basin midstream C-corporation. The transaction was approved by KAAC shareholders Nov. 6, 2018.
- Reuters•6 days ago
Raymond Plank, former CEO of oil explorer Apache, dies at 96
Raymond Plank, who started oil and gas producer Apache Corp in 1954 with two friends and built the Houston-based company into a global energy company and financial innovator, died on Thursday in Wyoming at 96, his family said. Plank, a World War Two bomber pilot and graduate of Yale, began as a bookkeeper and tax advisor in Minneapolis helping wealthy investors with tax shelters in the oil and gas business.
- Motley Fool•6 days ago
Why Shares of Apache Corporation (APA) Fell More Than 20% in October
Industry trends and an overall stock-market slump conspired to make the oil and gas driller underperform.
- American City Business Journals•7 days ago
Apache Corp. founder dies at age 96
Raymond Plank, founder and former chairman of Apache Corp. (NYSE: APA), died Nov. 8 at his Wyoming home at the age of 96, the Houston-based energy company confirmed. Plank began his career after serving as a combat pilot in World War II, during which he witnessed the atomic-bomb attack on Nagasaki, and graduating from Yale University, according to the New York Times. Plank — along with Truman Anderson and Charles Arnao — founded Apache Oil Corp. in Minneapolis in 1954, according to the company’s website. Apache drilled its first wells in 1955 in Cushing, Oklahoma, per its website.
Markit•8 days agoSee what the IHS Markit Score report has to say about Apache Corp.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. The current level displays a negative indicator.
- GlobeNewswire•8 days ago
Report: Exploring Fundamental Drivers Behind Entergy, BLACKLINE INC, HollyFrontier, Hill-Rom, Apache, and Halozyme Therapeutics — New Horizons, Emerging Trends, and Upcoming Developments
NEW YORK, Nov. 08, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
- InvestorPlace•10 days ago
MRO Stock Isn’t Perfect, but Right Now It’s Too Cheap to Pass Up
The catch with an oil stock like Marathon Oil (NYSE:MRO) is that the stock is so heavily dependent on the price of oil. If oil plunges, MRO stock definitely follows. Certainly, Marathon Oil is a well-run company, and Marathon Oil stock looks attractive, particularly after a recent pullback.
- Market Realist•10 days ago
EIA’s Inventory Data Might Not Bring Fresh Longs in Oil Prices
In the week ending on October 26, US crude oil inventories were 2% above their five-year average—the same as the previous week. Oil prices and the inventories spread usually move inversely, as you can see in the following chart. If the inventories spread expands more into the positive territory, it might drag down oil prices in the coming weeks. The inventories spread is the difference between inventories and their five-year average.
- Benzinga•10 days ago
5 Bullish Stocks For Tuesday's Trading
Apache Corporation (NYSE: APA) looks like it has made a bottom at the $36 level. Denbury Resources Inc. (NYSE: DNR) experienced a sell-off with the rest of the market in October, but like Apache it also looks like it has made a bottom.
- Motley Fool•10 days ago
Apache Corporation (APA) Turns in Solid Q3 Earnings. Will the Market React?
The oil and gas industry player keeps on trucking, but it gets no love from the stock market.
- Reuters•10 days ago
Occidental Petroleum tops profit estimates on higher prices, output
U.S. shale oil production from the Permian has nearly doubled in the last three years, while Brent crude (LCOc1) touched a four-year high in September. Occidental said average worldwide realized crude oil prices rose 36 percent to $62.67 (48.00 pounds) per barrel in the third quarter. Occidental's average production rose about 13.5 percent to 681,000 boe/d.
- Reuters•10 days ago
UPDATE 2-Occidental Petroleum tops profit estimates on higher prices, output
U.S. oil and natural gas producer Occidental Petroleum Corp on Monday beat third-quarter profit estimates on the back of a surge in production from the Permian Basin and higher oil prices. U.S. shale oil production from the Permian has nearly doubled in the last three years, while Brent crude touched a four-year high in September. Occidental said average worldwide realized crude oil prices rose 36 percent to $62.67 per barrel in the third quarter.
- Market Realist•11 days ago
Key Energy Events for the Week Ending November 9
This week, specific events could impact oil and natural gas prices. Early this week, the EIA’s (U.S. Energy Information Administration) STEO (Short-Term Energy Outlook) report is scheduled to be announced. The EIA’s STEO report might be important for oil and natural gas prices going forward.
