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
Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
Phone713-296-6000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$7.42 billion
Profitability
Miscellaneous
Employees3,420
Next Earnings Date5/1/2019 (Estimated)
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 announced a quarterly dividend on Friday, February 8th. Shareholders of record on Monday, April 22nd will be paid a dividend of $0.25 per share on Wednesday, May 22nd. This represents a $1.00 dividend on an annualized basis and a yield of 2.87%. The ex-dividend date is Thursday, April 18th. View Apache's Dividend History.
How were Apache's earnings last quarter?
Apache Co. (NYSE:APA) posted its quarterly earnings data on Wednesday, February, 27th. The energy company reported $0.31 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.34 by $0.03. The energy company had revenue of $1.77 billion for the quarter, compared to analysts' expectations of $1.82 billion. Apache had a net margin of 0.54% and a return on equity of 7.62%. The business's quarterly revenue was up 11.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.33 EPS. View Apache's Earnings History.
When is Apache's next earnings date?
What price target have analysts set for APA?
22 brokers have issued 1-year target prices for Apache's stock. Their forecasts range from $27.00 to $66.00. On average, they expect Apache's stock price to reach $41.9524 in the next twelve months. This suggests a possible upside of 20.5% from the stock's current price. View Analyst Price Targets for Apache.
What is the consensus analysts' recommendation for Apache?
22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Apache in the last year. There are currently 4 sell ratings, 12 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Apache.
Has Apache been receiving favorable news coverage?
Media headlines about APA stock have been trending neutral on Monday, InfoTrie Sentiment reports. The research group scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Apache earned a media sentiment score of 0.2 on InfoTrie's scale. They also gave media coverage about the energy company a news buzz of 3.0 out of 10, meaning that recent press coverage is unlikely to have an impact on the stock's share price in the next several days.
Are investors shorting Apache?
Apache saw a drop in short interest in February. As of February 15th, there was short interest totalling 25,928,705 shares, a drop of 13.2% from the January 31st total of 29,888,028 shares. Based on an average daily trading volume, of 4,489,723 shares, the days-to-cover ratio is currently 5.8 days. Approximately 6.9% of the company's stock 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), The Hong Kong and China Gas (HOKCY), Canadian Natural Resources (CNQ), Pioneer Natural Resources (PXD), WOODSIDE PET LT/ADR (WOPEY), Anadarko Petroleum (APC), Concho Resources (CXO), Sasol (SSL), Diamondback Energy (FANG), Rwe Ag Sp (RWEOY), Continental Resources (CLR), Marathon Oil (MRO), Devon Energy (DVN) and GALP ENERGIA SG/ADR (GLPEY).
What other stocks do shareholders of Apache own?
Who are Apache's key executives?
Apache's management team includes the folowing people:
- Mr. John J. Christmann IV, CEO, Pres & Director (Age 52)
- Mr. Stephen J. Riney, Exec. VP & CFO (Age 58)
- Mr. P. Anthony Lannie, Exec. VP & Gen. Counsel (Age 65)
- Mr. Timothy J. Sullivan, Exec. VP of Operations Support (Age 63)
- Ms. Rebecca A. Hoyt, Sr. VP, Chief Accounting Officer & Controller (Age 55)
Who are Apache's major shareholders?
Apache's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.15%), Baillie Gifford & Co. (6.42%), Harris Associates L P (5.18%), Dimensional Fund Advisors LP (1.45%), Geode Capital Management LLC (1.28%) and Northern Trust Corp (1.28%). Company insiders that own Apache stock include Charles J Pitman, Dominic Ricotta, George D Lawrence, 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 major investors are selling Apache stock?
APA stock was sold by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Villere ST Denis J & Co. LLC, CWM LLC, Bradley Foster & Sargent Inc. CT, First Trust Advisors LP, Bank of New York Mellon Corp, QV Investors Inc. and Clearbridge LLC. Company insiders that have sold Apache company stock in the last year include Dominic Ricotta and Rebecca A Hoyt. View Insider Buying and Selling for Apache.
Which major investors are buying Apache stock?
APA stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, BlackRock Inc., Harris Associates L P, Oregon Public Employees Retirement Fund, Dimensional Fund Advisors LP, Packer & Co Ltd, Prudential PLC and Two Sigma Advisers 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 $34.82.
How big of a company is Apache?
Apache has a market capitalization of $13.07 billion and generates $7.42 billion in revenue each year. The energy company earns $40 million in net income (profit) each year or $1.77 on an earnings per share basis. Apache employs 3,420 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.
