Energy Select Sector SPDR (ETF) (XLE) |
Must-know: Apache’s placement compared to its peers
In terms of size, Apache Corp’s (APA) upstream peers include Anadarko Petroleum (APC), Hess Corp. (HES), Marathon Oil (MRO), and Noble Energy (or NBL). APC is the largest company when measured by enterprise value (or EV) and market capitalization. It’s followed by APA.