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An independent energy company that explores for, develops and produces natural gas, crude oil and natural gas liquids.
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wirelessben (84.52) Submitted: 6/19/08 11:25 PM : Start Price: $139.56 APA Score: 14.44
Energy's rolling over and Apache's leading the way.
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TDRH (100.00) Submitted: 6/30/08 11:22 PM
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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.
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adventurerneil (< 20) Submitted: 7/02/08 1:26 AM
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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.