Apache Corp.

Most Recent

  • uploads///dividend
    Dividends

    These Are the Top 5 Upstream Energy Dividend Stocks

    Investors’ preference for top dividend stocks could increase in 2020. Among sector-specific ETFs, the Energy Select Sector SPDR ETF reigns supreme.

    By Rabindra Samanta
  • uploads///us energy sector
    Company & Industry Overviews

    The US Energy Sector: An Overview

    To understand the US energy sector, it’s essential first to understand the country’s energy needs. The US uses various energy sources to meet its energy needs.

    By Rekha Khandelwal, CFA
  • uploads///Energy stocks
    Consumer

    Do US Energy Stocks Look Promising?

    Crude oil production continues to rise, and oil prices remain at $50. Despite that, US energy stocks aren’t getting investors’ interest.

    By Rekha Khandelwal, CFA
  • uploads///impact of trade war on oil
    Energy & Utilities

    Oil and Energy Stocks Fall after Trump’s Latest Tariff

    President Trump’s new tariff impacted crude oil prices. On Thursday, the WTI near-month crude oil futures price fell approximately 8%.

    By Rekha Khandelwal, CFA
  • uploads///calculator __
    Miscellaneous

    Which Energy Stocks Missed Oil’s Upside?

    Among the oil-weighted stocks, Apache (APA) had a correlation of 47% with US crude oil prices—the lowest among oil-weighted stocks.

    By Rabindra Samanta
  • uploads///stock exchange _
    Miscellaneous

    Apache Outperformed Oil-Weighted Stocks

    On June 5, Apache’s share prices rose 5.4%, while US crude oil prices rose 0.4%. On the same day, the S&P 500 Index (SPY) rose 2.1%.

    By Rabindra Samanta
  • uploads///oil monahans texas sunset
    Energy & Utilities

    Apache: Analysts’ Recommendations and Target Prices

    Among the 31 analysts tracking Apache (APA), 48% recommended a “hold,” 26% recommended a “buy,” and 26% recommended a “sell.”

    By Rabindra Samanta
  • uploads///opec crude production
    Energy & Utilities

    OPEC’s Role in World Oil Production

    OPEC (the Organisation of the Petroleum Exporting Countries) aims to “coordinate and unify the petroleum policies of its Member Countries.”

    By Rekha Khandelwal, CFA
  • uploads///oil _
    Energy & Utilities

    Occidental Petroleum: What to Expect from Its Q1 Earnings

    Occidental Petroleum (OXY) is scheduled to announce its first-quarter results on May 6.

    By Rabindra Samanta
  • uploads///oil _
    Energy & Utilities

    Why Apache’s Earnings May Halve in Q1 2019

    Apache (APA) is set to announce its first-quarter results on May 1. Analysts expect its adjusted EPS to fall ~52% sequentially in the quarter.

    By Rabindra Samanta
  • uploads///image
    Energy & Utilities

    Where Could Hess Stock Be Headed in the Next Seven Days?

    On March 27, Hess Corporation’s (HES) implied volatility was 34.7%, ~4% higher than its 15-day average.

    By Rabindra Samanta
  • uploads///oil monahans texas sunset
    Energy & Utilities

    Energy Sector: Analyzing Key Events This Week

    The EIA is scheduled to release its oil and natural gas inventory data on March 27–28, which could be a short-term driver for oil and natural gas prices.

    By Rabindra Samanta
  • uploads///oil pump jack sunset clouds
    Energy & Utilities

    What Could Impact Oil on March 22?

    On March 21, US crude oil May futures fell 0.4% to $59.98 per barrel. Profit-booking might be behind the small decline in US crude oil.

    By Rabindra Samanta
  • uploads///image
    Energy & Utilities

    Futures Spread: Oil Market Sentiments

    On March 11, the US crude oil April 2019 futures closed ~$1.7 below the April 2020 futures. On March 4, the futures spread was at a discount of $1.8.

    By Rabindra Samanta
  • uploads///top outperformers
    Energy & Utilities

    MLPs and Midstream Stocks: Gains and Losses Last Week

    Cheniere Energy Partners, Magellan Midstream Partners, and Noble Midstream Partners were among the biggest gains last week.

    By Rekha Khandelwal, CFA
  • uploads///oil monahans texas sunset
    Energy & Utilities

    Apache: Analysts’ Recommendations and Outlook

    Among the 32 analysts tracking Apache (APA), 28% recommended a “buy,” 47% recommended a “hold,” and 25% recommended a “sell.”

    By Rabindra Samanta
  • uploads///oil _
    Energy & Utilities

    Why Apache’s Earnings Could Fall More than 60%

    Apache (APA) is set to announce its fourth-quarter earnings results on February 27. Based on analysts’ consensus estimates, its adjusted earnings per share could fall 61.9% on a sequential basis.

    By Rabindra Samanta
  • uploads///oil _
    Company & Industry Overviews

    Analysts Cut Price Target on Concho Resources

    On February 20, Concho Resources (CXO) fell 7.1%.

    By Rabindra Samanta
  • uploads///capital exp
    Company & Industry Overviews

    Kinder Morgan Expects Higher Capital Spending in 2019

    Kinder Morgan (KMI) spent $2.3 billion on growth projects in 2018. The company expects to spend $3.1 billion on capital projects in 2019.

    By Rekha Khandelwal, CFA
  • uploads///oil _
    Energy & Utilities

    HES Stayed Above Its 50-Day Average ahead of Its Earnings Release

    On January 28, Hess Corporation (HES) stock closed 2.5% above its 50-day moving average.

    By Rabindra Samanta
  • uploads///P
    Company & Industry Overviews

    ConocoPhillips Might Have the Most Moderate Upside

    ConocoPhillips (COP) might have an upside of 8.9% in the next 12 months based on analysts’ mean target price.

    By Rabindra Samanta
  • uploads///image
    Company & Industry Overviews

    Will Earnings Data Help ConocoPhillips?

    On January 18, ConocoPhillips shares closed 1.3% below the 200-day moving average. ConocoPhillips might test the key moving average.

    By Rabindra Samanta
  • uploads///p
    Energy & Utilities

    Have Oil-Weighted Stocks Outdone Oil Prices?

    On January 9–16, our list of oil-weighted stocks fell 1%—compared to the 0.1% fall in US crude oil February futures.

    By Rabindra Samanta
  • uploads///oil oil rig industry oil industry
    Energy & Utilities

    Key Oil-Weighted Stocks amid Oil’s Up and Down

    On January 16, US crude oil February futures rose 0.4% and closed at $52.31 per barrel, despite bearish EIA inventory data.

    By Rabindra Samanta
  • uploads///oil pump black white industry
    Energy & Utilities

    Oil: 2018 Might Be the Worst Year since 2016

    So far in 2018, US crude oil prices have fallen 25%. Crude oil prices are in the red on a year-to-date basis for the first time since 2016.

    By Rabindra Samanta
  • uploads///p_last
    Energy & Utilities

    OPEC’s Meeting: Key Catalyst for Oil This Week

    The EIA’s latest oil and natural gas inventory data are scheduled to be released on December 5–6, respectively.

    By Rabindra Samanta
  • uploads///P
    Company & Industry Overviews

    Devon Energy: Analysts Expect More than 70% Upside

    Devon Energy (DVN) might have an upside of 75.1% in the next 12 months based on analysts’ mean target price.

    By Rabindra Samanta
  • uploads///oil pump jack sunset clouds
    Company & Industry Overviews

    Why Devon Energy Fell in November

    In November, Devon Energy (DVN) fell 16.6%—the biggest decline on our list of upstream stocks.

    By Rabindra Samanta
  • uploads///oil _
    Company & Industry Overviews

    ConocoPhillips: Jim Ratcliffe Eyes Assets in the United Kingdom

    On November 19, ConocoPhillips (COP) confirmed to CNBC that it has been engaged in talks with Jim Ratcliffe.

    By Rabindra Samanta
  • uploads///oil sunset crude oil pic
    Energy & Utilities

    XOP Is Underperforming Other Energy ETFs

    On November 12–19, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) fell 1.6%—the largest decline among major energy ETFs.

    By Rabindra Samanta
  • uploads///p
    Energy & Utilities

    ConocoPhillips’ Free Cash Flow Has Strengthened in 2018

    ConocoPhillips (COP) has strengthened its FCF (free cash flow) in the past one year.

    By Rabindra Samanta
  • uploads///oil _
    Company & Industry Overviews

    Will ConocoPhillips Continue to Deliver amid Oil’s Turbulence?

    As of November 12, Brent crude oil active futures had fallen 18.3% from their almost four-year high of $86.29 per barrel on October 3.

    By Rabindra Samanta
  • uploads///oil _
    Energy & Utilities

    Upstream Space Might See Upside This Week

    On November 2–9, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) rose 0.6%—the least among major energy ETFs.

    By Rabindra Samanta
  • uploads///p_Last
    Energy & Utilities

    Key Energy Events for the Week Ending November 9

    On November 8, the Fed might announce important changes to key interest rates, which would be important for the US dollar.

    By Rabindra Samanta
  • uploads///capital exp
    Earnings Report

    How Are Kinder Morgan’s Capital Projects Progressing?

    Kinder Morgan expects its 2018 budgeted distributable cash flow to be impacted due to the delayed Elba Liquefaction project.

    By Rekha Khandelwal, CFA
  • uploads///featured image
    Earnings Report

    Kinder Morgan’s Third-Quarter Earnings Are Expected to Rise

    Kinder Morgan (KMI) is scheduled to report its third-quarter earnings on October 17 after the market closes.

    By Rekha Khandelwal, CFA
  • uploads///crude oil mine _
    Company & Industry Overviews

    Marathon Oil Has Risen ~27% in 2018

    Marathon Oil (MRO) has seen a strong rally in the past month. The company has risen ~15% from its lows of $19 in August.

    By Kurt Gallon
  • uploads///image
    Energy & Utilities

    Comparing the Fall in Oil ETFs and Oil Last Week

    On August 3–10, USO fell 1.3%, USL fell 0.5%, and UCO fell 2.8%. These ETFs track US crude oil futures.

    By Rabindra Samanta
  • uploads///wt midland
    Energy & Utilities

    WTI Cushing–WTI Midland Spread at Highest Level since August 2014

    The Brent-WTI Midland spread reached $23.11 per barrel on May 31, which was its highest level since August 2014.

    By Gordon Kristopher
  • uploads///P
    Energy & Utilities

    Events that Could Impact Oil Prices This Week

    Between July 20 and July 27, Murphy Oil (MUR), EQT (EQT), and Apache (APA) returned 2.0%, -10.5%, and 1.4%, respectively.

    By Rabindra Samanta
  • uploads///oil production
    Earnings Report

    A Closer Look at Permian Basin Takeaway Capacity Constraints

    Permian Basin crude oil production has seen a dramatic rise in recent years.

    By Rekha Khandelwal, CFA
  • uploads///IV
    Energy & Utilities

    Continental Resources’ Stock Range before Its Earnings

    The current implied volatility for Continental Resources (CLR) stock is ~39.46%, which is 0.81% higher than its 15-day average of ~39.14%.

    By Keisha Bandz
  • uploads///stock
    Energy & Utilities

    Analyzing Continental Resources’ Stock Performance

    Continental Resources (CLR) stock has been on a consistent uptrend since the beginning of 2018. The stock has risen 12.6% year-to-date.

    By Keisha Bandz
  • uploads///SI
    Energy & Utilities

    Whiting Petroleum’s Short Interest Trends

    Whiting Petroleum’s (WLL) short interest ratio (short interest as a percentage of float) is currently higher than it was a year ago, standing at ~13.34% in comparison to ~4.95%.

    By Keisha Bandz
  • uploads///targets
    Energy & Utilities

    What Are Analysts’ Views on Whiting Petroleum Stock?

    Of the analysts covering Whiting Petroleum (WLL) stock, 36.4% recommend “buy,” 45.5% recommend “hold,” and 12% have rated it as “underperform.”

    By Keisha Bandz
  • uploads///image
    Energy & Utilities

    Oil ETFs’ Performances amid Oil’s Decline

    On July 13–20, the ETFs that track US crude oil futures reported negative returns. USO fell 2.2%, USL fell 1.8%, and UCO fell 4.6%.

    By Rabindra Samanta
  • uploads///targets
    Energy & Utilities

    Apache Stock: What Are Analysts’ Recommendations?

    On June 11, Argus upgraded Apache stock from “hold” to “buy.” On March 7, UBS initiated coverage on Apache stock with a “sell” rating.

    By Keisha Bandz
  • uploads///IV
    Energy & Utilities

    Forecasting Apache’s Stock Price Range

    The current implied volatility in Apache’s stock (APA) is ~37.79%. In comparison, the Energy Select Sector SPDR ETF (XLE) has an implied volatility of 17.8%.

    By Keisha Bandz
  • uploads///stock
    Energy & Utilities

    What Has Been Driving Apache Stock Lately?

    Apache (APA) stock hasn’t risen as much as its peers this year. On a YoY (year-over-year) basis, Apache stock has declined 6.85%.

    By Keisha Bandz
  • uploads///IV
    Energy & Utilities

    What’s the Forecast for Oasis Stock ahead of Q2 Earnings?

    Oasis Petroleum (OAS) stock has a current implied volatility of ~50.2%, which is ~1.95% higher than its 15-day average of 49.26%.

    By Keisha Bandz
  • uploads///accounts _
    Earnings Report

    What to Expect from Oasis Petroleum’s Q2 2018 Earnings

    Oasis Petroleum (OAS) is expected to release its second-quarter earnings on August 1.

    By Keisha Bandz
  • uploads///oil inventories
    Energy & Utilities

    Crude Oil Bears Could Overshadow Oil Bulls

    August WTI oil futures contracts fell 0.7% in early morning trading on July 18. Brent and WTI crude oil futures rose ~0.5% and ~0.03% on July 17.

    By Gordon Kristopher
  • uploads///oil _
    Energy & Utilities

    What Has Deteriorated Oil’s Prospects?

    On July 16, US crude oil August futures fell 4.2% and settled at $68.06 per barrel—their lowest closing level since June 21.

    By Rabindra Samanta
  • uploads///image
    Energy & Utilities

    WTI Cushing–WTI Midland Spread Drops from Multiyear High

    The WTI Cushing-WTI Midland spread was $11.25 per barrel on July 16, compared to $13.25 per barrel on July 9.

    By Gordon Kristopher
  • uploads///image
    Energy & Utilities

    WTI Crude Oil Hit $75 on July 3: What’s Next?

    August WTI crude oil prices hit an intraday high of $75.27 per barrel on July 3—the highest level since November 2014.

    By Gordon Kristopher
  • uploads///image
    Energy & Utilities

    The Price of WTI Oil Hits $70 per Barrel: Are the Bulls Back?

    US crude oil inventories fell 9.2 MMbbls (million barrels) to 421.4 MMbbls from June 15–22.

    By Gordon Kristopher
  • uploads///IV
    Energy & Utilities

    What’s Apache’s Stock Price Forecast?

    The current implied volatility in Apache’s stock (APA) is ~33.4%.

    By Keisha Bandz
  • uploads///pumpjack _
    Energy & Utilities

    What Could Be Holding Back Apache Stock?

    Apache stock (APA) has fallen 6.6% year-over-year driven by lackluster first-quarter earnings and increasing price differentials in the Permian.

    By Keisha Bandz
  • uploads///cush mid
    Energy & Utilities

    Why Did the WTI Cushing-WTI Midland Spread Drop?

    The WTI Cushing-WTI Midland spread was at $4.12 per barrel on June 25—compared to $9.7 per barrel on June 18. The spread fell 58% on June 18–25.

    By Gordon Kristopher
  • uploads///logistic _
    Energy & Utilities

    How Could Trade Tariffs Affect the US Upstream Sector?

    Earlier this month, the White House made good on its threats and announced tariffs on Chinese goods worth $50 billion, including steel and aluminum.

    By Keisha Bandz
  • uploads///operational eff
    Company & Industry Overviews

    Whiting Petroleum’s Improving Cost and Efficiencies in the Bakken

    Whiting Petroleum’s well completion costs are expected to fall 25% from $9.1 billion in 2014 to $6.8 billion at the midpoint in 2018.

    By Keisha Bandz
  • uploads///Targets
    Energy & Utilities

    Most Analysts Recommend a ‘Buy’ for Anadarko Petroleum Stock

    About 76% of the analysts covering Anadarko Petroleum (APC) have rated the stock a “buy,” and 21% have rated it a “hold.”

    By Keisha Bandz
  • uploads///image
    Energy & Utilities

    Traders Are Tracking OPEC’s Meeting on June 22

    The crude oil production from OPEC and non-OPEC producers is expected to increase by 300,000 bpd–600,000 bpd in OPEC’s upcoming meeting.

    By Gordon Kristopher
  • uploads///monthly rig count
    Energy & Utilities

    Permian Is Most Actively Drilled followed by Anadarko, Eagle Ford

    The Permian Basin has developed into one of the most active drilling regions in the United States.

    By Keisha Bandz
  • uploads///TARGETS
    Energy & Utilities

    What Are Analysts’ Ratings for Whiting Petroleum Stock?

    Approximately 36.4% of Wall Street analysts have rated Whiting Petroleum (WLL) as a “buy,” while 45.5% of analysts have rated it as a “hold.”

    By Keisha Bandz
  • uploads///gAINIERS
    Company & Industry Overviews

    S&P 500’s Top Gainers: Apache and Allergan

    Apache, which is an American petroleum and natural gas exploration and production company, was the S&P 500’s top gainer on June 7.

    By Val Kensington
  • uploads///natural gas _
    Energy & Utilities

    Latest Forecasts for US Natural Gas Production Growth

    According to the EIA, near-term production growth will be supported by a growing demand in a low, stable natural gas price environment.

    By Keisha Bandz
  • uploads///image
    Miscellaneous

    Could WTI Crude Oil Prices Rise This Week?

    The API (American Petroleum Institute) is set to release its weekly crude oil inventory report on May 30, and the EIA (U.S. Energy Information Administration) is set to release its US crude oil production data on May 31.

    By Gordon Kristopher
  • uploads///IV
    Energy & Utilities

    Forecasting WLL’s Stock Range Using Implied Volatility

    Current implied volatility in Whiting Petroleum (WLL) is ~44.9%.

    By Keisha Bandz
  • uploads///pump jack _
    Energy & Utilities

    US Crude Oil Production Growth Forecast: Tight Oil Driving Growth

    The U.S. Energy Information Administration has forecast that US crude oil production will average 10.7 million barrels per day this year.

    By Keisha Bandz
  • uploads///stock
    Energy & Utilities

    Why Did Apache Stock Fall after Its 1Q18 Earnings?

    Following its 1Q18 earnings release after the market closed on May 2, Apache (APA) stock fell ~6%.

    By Keisha Bandz
  • uploads///targets
    Energy & Utilities

    What Are Wall Street’s Recent Ratings for Apache?

    Approximately 48.2% of analysts have rated Apache Corporation (APA) as a “hold.”

    By Keisha Bandz
  • uploads///oil _
    Energy & Utilities

    What’s Holding Apache Corporation Stock Back This Year?

    Apache Corporation stock has generally been on an uptrend since the beginning of this year supported by crude oil prices.

    By Keisha Bandz
  • uploads///Permian rigs
    Energy & Utilities

    Update: Permian Rig Counts and New Well Production

    In the latest US rig count report released by Baker Hughes (BHI), the number of active US rigs drilling for oil grew by four to 804 last week, compared to the previous week.

    By Keisha Bandz
  • uploads///tight oil
    Energy & Utilities

    Tight Oil Contribution to Rise to 70%: Key Permian Basin Driver

    In its “Annual Energy Outlook 2018,” the US Energy Information Administration (EIA) has forecast that US tight oil production will mostly increase through early 2040.

    By Keisha Bandz
  • uploads///mj tangonan  unsplash
    Energy & Utilities

    Permian Driving US Crude Oil Production Growth

    The EIA has forecast that US crude oil production in 2018 will average 10.7 million barrels per day.

    By Keisha Bandz
  • uploads///SI
    Energy & Utilities

    Apache Stock: Gauging Short Interest Trends

    The short interest in Apache (APA) stock on February 22, 2018, was ~7.5%. Apache’s short interest ratio a year ago was ~4.9%.

    By Keisha Bandz
  • uploads///business pick rFUFqjEKzfY
    Earnings Report

    Apache Reported Upbeat 4Q17 Revenues and Earnings

    On February 22, 2018, Apache (APA) reported its 4Q17 and fiscal 2017 earnings. Apache reported revenues of ~$1.58 billion in 4Q17.

    By Keisha Bandz
  • uploads///stock _
    Earnings Report

    Oasis Petroleum’s 4Q17 Results: What to Expect on February 28

    Oasis Petroleum (OAS) is expected to release its fiscal 4Q17 earnings on February 28.

    By Keisha Bandz
  • uploads///IV
    Energy & Utilities

    Implied Volatility in APA Stock: Forecasting Its Stock Price Range

    The current implied volatility in Apache stock (APA) is ~50.5%, which is 1.2% higher than its 15-day average of ~31.3%.

    By Keisha Bandz
  • uploads///targets
    Energy & Utilities

    What Do Wall Street Analysts Expect for Apache Stock?

    About 48.3% of the analysts covering Apache (APA) stock have rated it a “hold,” and ~17.2% of the analysts have rated the stock as a “buy.”

    By Keisha Bandz
  • uploads///XLE Best Worst  Analyst Worst
    Energy & Utilities

    Wall Street Targets for Worst-Performing XLE Stocks in 2017

    As of January 23, 2018, 32 analysts have recommendations for Range Resources (RRC). Seven have “strong buy” recommendations, and 15 have “buy” recommendations for the stock.

    By Nicholas Chapman
  • uploads///IV
    Energy & Utilities

    Forecasting Hess’s Stock Price Based on Its Implied Volatility

    Hess’s implied volatility Hess’s (HES) current implied volatility is ~32.3%, which is ~3.1% higher than its 15-day average of ~31.3%. In comparison, peers Apache (APA), Concho Resources (CXO), and Continental Resources (CLR) have implied volatility of ~30.1%, 20.4%, and ~28.4, respectively. Stock price forecast Based on Hess’s implied volatility of ~32.3% and assuming a normal distribution of […]

    By Keisha Bandz
  • uploads///ANR
    Basic Materials

    The Top 10 Upstream Stocks on the Street: What the Analysts Think

    Noble Energy has the highest “buy” recommendations at ~48.4% of analysts, followed closely by ConocoPhillips and Anadarko.

    By Keisha Bandz
  • uploads///cash flows
    Basic Materials

    Who’s on Top in Upstream: Comparing Operating Cash Flows

    In this series, we’ll look at the top ten upstream companies based on cash flow from operating activities during the first nine months of 2017.

    By Keisha Bandz
  • uploads///crude prices
    Energy & Utilities

    What’s the Forecast for West Texas Intermediate Crude Oil?

    The EIA (U.S. Energy Information Administration) forecasts that US crude oil production will average 9.2 million barrels per day in 2017.

    By Keisha Bandz
  • uploads///costs
    Energy & Utilities

    Trends in Drilling and Completion Costs in the Permian Basin

    According to IHS Markit, there will be a 10% increase in the cost index for the Permian region by the end of 2017.

    By Keisha Bandz
  • uploads///rigs
    Energy & Utilities

    A Look at the Trends in Permian Rig Counts

    In the latest US rig count report released by Baker Hughes (BHI), the number of active US rigs drilling for oil rose by two to 751 in the week ended December 8, 2017.

    By Keisha Bandz
  • uploads///prod by region
    Energy & Utilities

    Wolfcamp Benches and Permian Production Growth

    According to the EIA (U.S. Energy Information Administration), Permian Basin production will increase to 4 million barrels per day by 2019.

    By Keisha Bandz
  • uploads///oil prod
    Energy & Utilities

    Could Permian Basin Drive Growth in US Crude Oil Production?

    In its November Short-Term Energy Outlook (or STEO) report, the EIA forecast that US crude oil production in 2017 would average 9.2 million barrels per day.

    By Keisha Bandz
  • uploads///IV
    Company & Industry Overviews

    Forecasting Anadarko’s Stock Price via Implied Volatility

    Anadarko Petroleum’s (APC) implied volatility is 28.5%, which is ~5% lower than its 15-day average of ~30%.

    By Keisha Bandz
  • uploads///SI
    Energy & Utilities

    Gauging the Short Interest Trend in Apache Stock

    On November 15, 2017, the short interest as a percentage of float (or short interest ratio) in Apache stock was ~7.1%, compared with 5.4% in January 2017.

    By Keisha Bandz
  • uploads///stock
    Energy & Utilities

    How Has Apache Stock Performed This Year?

    On a YTD (year-to-date) basis, Apache (APA) stock has fallen ~36%. The downtrend in Apache’s stock price had been due to lower crude oil prices.

    By Keisha Bandz
  • uploads///peers
    Company & Industry Overviews

    Where Apache’s Relative Valuation Stands next to Peers

    Apache’s (APA) forward EV-to-EBITDA ratio is 6.3x, compared with Concho Resources’ higher forward EV-to-EBITDA multiple of ~11.3x.

    By Keisha Bandz
  • uploads///FCF
    Company & Industry Overviews

    Could Apache Achieve Free Cash Flow Neutrality Next Year?

    In 3Q17, Apache (APA) reported CFO (cash flow from operations) of $554 million, which was ~15% lower than its CFO in 3Q16.

    By Keisha Bandz
  • uploads///operating cash margins
    Company & Industry Overviews

    A Look at Apache’s Operating Cash Margins in 3Q17

    Apache (APA) has noted that its cash margins in the Permian Basin averaged $18 per boe (barrels of oil equivalent) in 3Q17.

    By Keisha Bandz
  • uploads///oil prod mix
    Company & Industry Overviews

    Will Alpine High Have an Impact on APA’s Oil Production Mix?

    Crude oil represented 53.0% of Apache’s (APA) total production in 3Q17.

    By Keisha Bandz
  • uploads///north america
    Company & Industry Overviews

    APA’s Operational Update and Guidance: Permian and North America

    Apache’s North American production totaled 231 Mboepd in 3Q17, while its adjusted production (excluding Canadian production) averaged 207 Mboepd.

    By Keisha Bandz
  • uploads///earnings
    Earnings Report

    Continental Resources’ 3Q17 Earnings and Revenue Beat Estimates

    Continental Resources (CLR) held its 3Q17 earnings conference on November 8. CLR released its earnings the day before after markets closed.

    By Keisha Bandz
  • uploads///oilpri
    Energy & Utilities

    Rising Crude Oil Prices Could Impact Coal Miners

    As of November 3, 2017, Brent crude oil prices rose 2.1% on a week-over-week basis. Brent crude oil settled at $62.07 per barrel on November 3, 2017.

    By Alexis Tate
    • CONNECT with Market Realist
    • Link to Facebook
    • Link to Twitter
    • Link to Instagram
    • Link to Email Subscribe
    Market Realist Logo
    Do Not Sell My Personal Information

    © Copyright 2021 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.