$94.90
-1.47 (-1.53%)
Apache Corp (APA)
CAPS Rating:
An independent energy company that explores for, develops and produces natural gas, crude oil and natural gas liquids.
An independent energy company that explores for, develops and produces natural gas, crude oil and natural gas liquids.
Recs
Energy's rolling over and Apache's leading the way.
I don't think so, this company specializes in workover rigs, low overhead, primaily low capital investment, and low risk. May be topped out, but will still outperform the S&P.
I also disagree, and wonder why you think APA would fair worse than any other energy company if energy really is in a bubble and does pop. In fact, it seems to be a market leader, and so would probably fair better off than others if energy started to crash.
Excellent call WirelessBen. Down about 50% since your post was made.