|Day's Range||46.14 - 46.95|
|52 Week Range||45.15 - 69.00|
|PE Ratio (TTM)||-21.38|
|Earnings Date||Aug 2, 2017 - Aug 7, 2017|
|Dividend & Yield||1.00 (2.17%)|
|1y Target Est||57.47|
While the independent oil and gas giant believes it's sitting on a massive oil and gas discovery in western Texas, bears argue that it’s not as big a deal as Apache thinks.
US crude oil production is expected to average 9.3 million barrels per day in 2017 and 10.0 million barrels per day in 2018.
While CXO and PXD saw a YoY increase in production (as compared to 1Q16 levels), APA and OXY saw declines of 17% and 11%, respectively.