Apache Corporation, an independent energy company, explores for, develops, and produces natural gas, crude oil, and natural gas liquids (NGLs). The company has operations in onshore assets located Permian and Midcontinent/Gulf Coast onshore regions; and offshore assets situated in the Gulf of Mexico region. It also holds onshore assets in Egypt's Western desert; and offshore assets in the North Sea region, including the United Kingdom. As of December 31, 2017, the company had total estimated proved reserves of 1.2 billion barrel of oil equivalent, including 583 million barrels of crude oil, 204 million barrels of NGLs, and 2.3 trillion cubic feet of natural gas. Apache Corporation was founded in 1954 and is based in Houston, Texas.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
Current SymbolNYSE:APA
Previous Symbol
CUSIP03741110
Phone713-296-6000
Debt
Debt-to-Equity Ratio0.90
Current Ratio1.26
Quick Ratio1.10
Price-To-Earnings
Trailing P/E Ratio150.50
Forward P/E Ratio18.15
P/E Growth2.59
Sales & Book Value
Annual Sales$6.42 billion
Price / Sales2.13
Cash Flow$6.2383 per share
Price / Cash5.79
Book Value$23.57 per share
Price / Book1.53
Profitability
EPS (Most Recent Fiscal Year)$0.24
Net Income$1.30 billion
Net Margins12.11%
Return on Equity7.71%
Return on Assets3.14%
Miscellaneous
Employees3,356
Outstanding Shares379,540,000
Market Cap$13.68 billion
OptionableOptionable
Apache (NYSE:APA) Frequently Asked Questions
What is Apache's stock symbol?
Apache trades on the New York Stock Exchange (NYSE) under the ticker symbol "APA."
How often does Apache pay dividends? What is the dividend yield for Apache?
Apache declared a quarterly dividend on Thursday, September 13th. Shareholders of record on Monday, October 22nd will be given a dividend of $0.25 per share on Wednesday, November 21st. This represents a $1.00 annualized dividend and a yield of 2.77%. The ex-dividend date of this dividend is Friday, October 19th. View Apache's Dividend History.
How were Apache's earnings last quarter?
Apache Co. (NYSE:APA) issued its earnings results on Wednesday, October, 31st. The energy company reported $0.63 earnings per share for the quarter, topping analysts' consensus estimates of $0.47 by $0.16. The energy company had revenue of $1.98 billion for the quarter, compared to analyst estimates of $1.89 billion. Apache had a return on equity of 7.71% and a net margin of 12.11%. Apache's revenue was up 25.9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.04 earnings per share. View Apache's Earnings History.
When is Apache's next earnings date?
What price target have analysts set for APA?
20 Wall Street analysts have issued 1 year target prices for Apache's shares. Their forecasts range from $32.00 to $66.00. On average, they anticipate Apache's stock price to reach $47.0556 in the next twelve months. This suggests a possible upside of 30.3% from the stock's current price. View Analyst Price Targets for Apache.
What is the consensus analysts' recommendation for Apache?
20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Apache in the last year. There are currently 4 sell ratings, 11 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Apache.
Has Apache been receiving favorable news coverage?
News headlines about APA stock have trended somewhat positive this week, according to InfoTrie. InfoTrie scores the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Apache earned a daily sentiment score of 1.0 on InfoTrie's scale. They also assigned news headlines about the energy company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the next few days.
Are investors shorting Apache?
Apache saw a decline in short interest during the month of October. As of October 31st, there was short interest totalling 23,881,784 shares, a decline of 13.5% from the October 15th total of 27,604,798 shares. Based on an average daily volume of 3,760,660 shares, the days-to-cover ratio is presently 6.4 days. Approximately 6.3% of the shares of the company are sold short. View Apache's Current Options Chain.
Who are some of Apache's key competitors?
Some companies that are related to Apache include Occidental Petroleum (OXY), Ecopetrol (EC), Canadian Natural Resource (CNQ), The Hong Kong and China Gas (HOKCY), Anadarko Petroleum (APC), Pioneer Natural Resources (PXD), Concho Resources (CXO), WOODSIDE Pet Lt/ADR (WOPEY), Sasol (SSL), Continental Resources (CLR), Devon Energy (DVN), Marathon Oil (MRO), GALP ENERGIA SG/ADR (GLPEY), Rwe Ag Sp (RWEOY) and TORAY INDUSTRIE/ADR (TRYIY).
Who are Apache's key executives?
Apache's management team includes the folowing people:
- Mr. John J. Christmann IV, CEO, Pres & Director (Age 51)
- Mr. Stephen J. Riney, Exec. VP & CFO (Age 57)
- Mr. P. Anthony Lannie, Exec. VP & Gen. Counsel (Age 64)
- Mr. Timothy J. Sullivan, Exec. VP of Operations Support (Age 62)
- Ms. Rebecca A. Hoyt, Sr. VP, Chief Accounting Officer & Controller (Age 54)
Who are Apache's major shareholders?
Apache's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.67%), Baillie Gifford & Co. (6.43%), Franklin Resources Inc. (3.37%), Dimensional Fund Advisors LP (1.20%), FIL Ltd (0.82%) and Bank of New York Mellon Corp (0.77%). Company insiders that own Apache stock include Charles J Pitman, Dominic Ricotta, George D Lawrence, James L House, John E Lowe, John J Christmann, P Anthony Lannie, Rebecca A Hoyt, Rene R Joyce and Stephen J Riney. View Institutional Ownership Trends for Apache.
Which institutional investors are selling Apache stock?
APA stock was sold by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Mitsubishi UFJ Trust & Banking Corp, FIL Ltd, Anchor Capital Advisors LLC, BlackRock Inc., Korea Investment CORP, Retirement Systems of Alabama and Whittier Trust Co.. Company insiders that have sold Apache company stock in the last year include Dominic Ricotta, P Anthony Lannie and Rebecca A Hoyt. View Insider Buying and Selling for Apache.
Which institutional investors are buying Apache stock?
APA stock was purchased by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Manitou Investment Management Ltd., Sumitomo Mitsui Trust Holdings Inc., Candriam Luxembourg S.C.A., FMR LLC, Bank of Montreal Can, Adams Natural Resources Fund Inc. and Stevens Capital Management LP. Company insiders that have bought Apache stock in the last two years include Charles J Pitman, George D Lawrence, John E Lowe, John J Christmann, Rene R Joyce and Stephen J Riney. View Insider Buying and Selling for Apache.
How do I buy shares of Apache?
Shares of APA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Apache's stock price today?
One share of APA stock can currently be purchased for approximately $36.12.
How big of a company is Apache?
Apache has a market capitalization of $13.68 billion and generates $6.42 billion in revenue each year. The energy company earns $1.30 billion in net income (profit) each year or $0.24 on an earnings per share basis. Apache employs 3,356 workers across the globe.
What is Apache's official website?
How can I contact Apache?
Apache's mailing address is ONE POST OAK CENTRAL 2000 POST OAK BLVD STE 100, HOUSTON TX, 77056. The energy company can be reached via phone at 713-296-6000 or via email at [email protected]
MarketBeat Community Rating for Apache (NYSE APA)
MarketBeat's community ratings are surveys of what our community members think about Apache and other stocks. Vote "Outperform" if you believe APA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe APA will underperform the S&P 500 over the long term. You may vote once every thirty days.
