$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
Apache is a fundamentally solid company with an improving EPS, consistent sales growth, and is conservatively managed. As of 7/28/08, its stock price is down 38% from its annual high which follows the sector trend and is not a result of the company's performance. The stock price should begin moving upwards with an anticipated gain of 15-20 percent over the next six months.