APA - Apache Corporation

NYSE - NYSE Delayed price. Currency in USD
28.40
-0.18 (-0.63%)
At close: 4:03PM EST

28.40 0.00 (0.00%)
After hours: 5:05PM EST

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Previous close28.58
Open28.14
Bid28.31 x 2200
Ask28.50 x 800
Day's range27.52 - 28.48
52-week range18.33 - 38.12
Volume3,098,636
Avg. volume6,302,080
Market cap10.679B
Beta (5Y monthly)2.00
PE ratio (TTM)N/A
EPS (TTM)-2.54
Earnings date25 Feb 2020
Forward dividend & yield1.00 (3.50%)
Ex-dividend date20 Apr 2020
1y target est32.30
  • Is A Beat Likely for Apache (APA) This Earnings Season?
    Zacks

    Is A Beat Likely for Apache (APA) This Earnings Season?

    Apache's (APA) high-quality drilling inventory with greater resource potential is likely to help it deliver substantial growth in Q4 results, which in turn, should boost its competence level.

  • 4 Oil Stocks Poised to Outshine Earnings Estimates in Q4
    Zacks

    4 Oil Stocks Poised to Outshine Earnings Estimates in Q4

    The exploration and production players that primarily produce oil are likely to have benefited from favourable prices in Q4.

  • Need To Know: Apache Corporation (NYSE:APA) Insiders Have Been Buying Shares
    Simply Wall St.

    Need To Know: Apache Corporation (NYSE:APA) Insiders Have Been Buying Shares

    We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The...

  • GlobeNewswire

    Altus Midstream Expands Revolver Capacity to $800 Million

    Altus Midstream Company (“Altus”) (ALTM) today announced that Altus Midstream LP (“Altus Midstream”) has exited the initial period under its credit facility and, as a result, expanded the revolver’s capacity to $800 million from the previous level of $650 million. “Expanding our credit facility by $150 million gives us plenty of liquidity to execute our plan this year and next,” said Clay Bretches, Altus CEO and president. Through its consolidated subsidiaries, Altus owns substantially all of the gas gathering, processing and transportation assets servicing production from Apache Corporation (NYSE, Nasdaq: APA) in the Alpine High play in the Delaware Basin, owns equity interests in four Permian-to-Gulf Coast pipelines, and has the option to acquire a 50 percent equity interest in the Salt Creek NGL pipeline.

  • GlobeNewswire

    Apache Declares Cash Dividend on Common Shares

    HOUSTON, Feb. 07, 2020 -- The board of directors of Apache Corporation (NYSE, Nasdaq: APA) has declared a regular cash dividend on the company's common shares. The dividend on.

  • Noble Energy (NBL) to Report Q4 Earnings: What's in Store?
    Zacks

    Noble Energy (NBL) to Report Q4 Earnings: What's in Store?

    Noble Energy (NBL) is slated to release fourth-quarter earnings on Feb 12. U.S. operations are likely to have contributed bulk of its sales.

  • The Market Timing Secrets No One Talks About - February 07, 2020
    Zacks

    The Market Timing Secrets No One Talks About - February 07, 2020

    Have you ever dreamed of being that one in a million investor who has the talent to perfectly time the markets?

  • GlobeNewswire

    Apache Corporation Provides Fourth-Quarter Supplemental Information and Schedules Results Conference Call for Feb. 27, 2020, at 10 a.m. Central Time

    HOUSTON, Jan. 23, 2020 -- Apache Corporation (NYSE, NASDAQ: APA) today provided supplemental information regarding certain fourth-quarter 2019 financial and operational.

  • GlobeNewswire

    Fortune Names Apache Corporation One of the World’s Most Admired Companies

    Apache Corporation (NYSE, Nasdaq: APA) has been named by FORTUNE magazine as one of the World’s Most Admired Companies. It’s through their hard work and dedication that we provide value for our stakeholders while elevating lives around the globe through the energy people need to live and thrive. The complete list of Most Admired Companies can be found online at http://fortune.com/worlds-most-admired-companies.

  • How Important Is The Suriname Oil Discovery?
    Oilprice.com

    How Important Is The Suriname Oil Discovery?

    Guyana has been the offshore success story of 2019, and Suriname could be the story of 2020 after Apache and Total made a significant discovery of both oil and condensate off its coast

  • Yes, You Can Time the Market. Find out How - January 17, 2020
    Zacks

    Yes, You Can Time the Market. Find out How - January 17, 2020

    Is the ability to time the markets more of a data-driven science or a 'gut - feeling' art?

  • S&P 500 Up 1000 Points in a Month: 10 Stocks Boosted the ETF
    Zacks

    S&P 500 Up 1000 Points in a Month: 10 Stocks Boosted the ETF

    The S&P 500 touched the 3,300 mark on Jan 16, having added 1000 points in less than a month. Which stocks led to the ETF rally.

  • MTDR vs. APA: Which Stock Should Value Investors Buy Now?
    Zacks

    MTDR vs. APA: Which Stock Should Value Investors Buy Now?

    MTDR vs. APA: Which Stock Is the Better Value Option?

  • Oil & Gas US E&P Outlook: Bullish Signals Abound
    Zacks

    Oil & Gas US E&P Outlook: Bullish Signals Abound

    Oil & Gas US E&P; Outlook: Bullish Signals Abound

  • GlobeNewswire

    Apache Donates More Than 61,000 Trees to 54 Organizations

    Apache Corporation (NYSE, Nasdaq: APA) has announced the donation of over 61,000 trees to 54 partner organizations through its annual Apache Tree Grant Program. "Now in its 14th year, Apache’s tree grant program is one of many ways our employees and the company make lasting positive contributions to our communities,” said John J. Christmann IV, Apache's chief executive officer and president. “We are most grateful to Apache for their generous investment in trees for our campus,” said Rebecca Gentry, the University of Houston’s assistant vice president for strategic initiatives.

  • Oil & Gas Stock Roundup: Apache's Oil Find, BP's Asset Sale & More
    Zacks

    Oil & Gas Stock Roundup: Apache's Oil Find, BP's Asset Sale & More

    Apache (APA) shares rocket following a discovery offshore Suriname block 58. BP plc (BP) agrees to divest certain North Sea assets for $625 million.

  • The Zacks Analyst Blog Highlights: Apache, Occidental Petroleum, Chevron, Halliburton Company and National Oilwell Varco
    Zacks

    The Zacks Analyst Blog Highlights: Apache, Occidental Petroleum, Chevron, Halliburton Company and National Oilwell Varco

    The Zacks Analyst Blog Highlights: Apache, Occidental Petroleum, Chevron, Halliburton Company and National Oilwell Varco

  • Bearish Sentiment Returns To Oil Markets
    Oilprice.com

    Bearish Sentiment Returns To Oil Markets

    Oil prices have fallen dramatically as fears of a hot war subside and the reality of a global oil glut returns to the forefront of traders' minds.

  • That Was Quick! Shale Jobs Growth Has Ended
    Bloomberg

    That Was Quick! Shale Jobs Growth Has Ended

    (Bloomberg Opinion) -- We’re not even two weeks into 2020 and the oil market has ripped through a cycle already. Courtesy of geopolitical spiciness in the Middle East, prices jumped, had a little think about it, and then slumped back into the easy chair. Still, with Iran’s nuclear deal unraveling and the U.S. election spooling up in the background, we can expect more mini-dramas as the year unfolds.But one cycle has likely come to an end already, if Friday’s job numbers are any guide.The U.S. oil and gas production business cut 6,500 jobs in November, according to preliminary figures from the Bureau of Labor Statistics.(1)That took its ranks to 430,200 — effectively flat with where it was in November 2018. In other words, the period of year-over-year job gains in the sector that began in June 2017 has come to an end. When December’s figures are published, and notwithstanding an increase in extraction jobs, overall payrolls will likely show a slight dip.At 30 months, this latest period of gains was notably short, roughly half the length of the two prior cycles. It also came off the deepest jobs recession in the industry going back at least three decades. That whipsaw speaks to both the scale of the crash in energy markets that kicked off in late 2014 and the compressed time scales of shale production versus the longer cycles of conventional fields.It isn’t all bad, though. While jobs have plateaued, they have leveled out at where they were in late 2015. That is still 100,000 or so fewer than the pre-crash peak. But as is by now painfully clear from the drubbing meted out to E&P stocks, that frenzy of activity was economically unsustainable.Just this week, Apache Corp. announced hundreds of job cuts despite having also delivered news of a major discovery in offshore Suriname. Meanwhile, Occidental Petroleum Corp. is also beginning layoffs as it tries to reduce the debt taken on in last year's acquisition of Anadarko Petroleum Corp. Clouds over long-term demand and the sheer volatility induced by things like tremors in the Middle East mean the mindset of doing more with less should be a lasting legacy of the past five years’ experience. By my rough calculation, E&P wages are running at around 10% of revenue — on a par with 2012, when oil averaged almost $100 a barrel(2). With E&P companies still early in the process of repairing balance sheets and reputations with investors, even geopolitical frisson isn’t likely to spur another hiring binge.  (1) Oil and gas extraction employment figures are released on the same schedule as overall payroll figures. Oil and gas support employment (roughly 60% of the upstream workforce) comes with a two-month lag. Hence, November 2019 is the latest month for which we have complete data.(2) I calculate this by multiplying employees by hours worked and hourly rates to get the overall wage bill. Revenues are calculated by multiplying production of crude oil, natural gas and natural gas liquids by average monthly spot prices.To contact the author of this story: Liam Denning at ldenning1@bloomberg.netTo contact the editor responsible for this story: Mark Gongloff at mgongloff1@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Liam Denning is a Bloomberg Opinion columnist covering energy, mining and commodities. He previously was editor of the Wall Street Journal's Heard on the Street column and wrote for the Financial Times' Lex column. He was also an investment banker.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Job Losses Galore Across the Energy Sector: What Lies Next?
    Zacks

    Job Losses Galore Across the Energy Sector: What Lies Next?

    In a bid to rebound from the cautious spending by oil and gas as well as exploration and production companies due to soft oil prices, Apache (APA) plans to slash global headcount by 500.

  • Apache (APA) Outpaces Stock Market Gains: What You Should Know
    Zacks

    Apache (APA) Outpaces Stock Market Gains: What You Should Know

    Apache (APA) closed at $32.73 in the latest trading session, marking a +0.68% move from the prior day.

  • Company News For Jan 8, 2020
    Zacks

    Company News For Jan 8, 2020

    Companies In The News Are: APOP, APA, MCHP, CTIB

  • Apache Stock Jumps as It Hits Oil in Suriname's Block 58
    Zacks

    Apache Stock Jumps as It Hits Oil in Suriname's Block 58

    Apache's (APA) JV with TOTAL will enrich its portfolio with the latter's wide-ranging offshore expertise & global foothold.

  • Investing.com

    Pre-market Movers - Boeing, Wallgreens, Telsa in view

    Investing.com - U.S. equity futures indicate a positive start to the day on Wall Street Wednesday, as investors hope the strikes on U.S. forces in Iraq by Iran will result in an end to the military action. This means they could return to looking at the fundamentals surrounding individual stocks. With this in mind, here are some companies which are likely to be in focus today.