$106.25
0.00 (0%)
Apache Corp (NYSE:APA)
CAPS Rating:
An independent energy company that explores for, develops and produces natural gas, crude oil and natural gas liquids.
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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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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.