Large Outflow of Money Witnessed in Apache Corporation

Apache Corporation (APA) : The total money flow in Apache Corporation (APA) was negative ($8.04 million), showing the domination of sellers in the Wednesday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $100.02 million. Transactions on upticks were comparatively lower at $91.99 million. The uptick to downtick ratio was 0.92. The total block trades done on upticks were valued at $4.18 million. The total block trades on downticks were valued at $8.13 million. The uptick to the downtick ratio of block trades was 0.51. The money flow during block trades was negative ($3.95 million) when the stock traded with a gain of $409 cent. Apache Corporation (APA) was $63.68, an increase of 6.86% over the previous days close.


Shares of Apache Corp. rose by 4.61% in the last five trading days and 20.58% for the last 4 weeks. Apache Corp. is up 14.66% in the last 3-month period. Year-to-Date the stock performance stands at 45.61%.

Apache Corporation (APA) : The consensus on Apache Corporation (APA) based on 20 analyst recommendation on the company stock is 2.6, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 5 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 11 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 3 analyst also believes that the downside risk to the stock is higher and suggests a Sell on Apache Corporation (APA).

Apache Corporation (NYSE:APA): The stock opened at $60.07 and touched an intraday high of $64.06 on Wednesday. During the day, the stock corrected to an intraday low of $59.5301, however, the bulls stepped in and pushed the price higher to close in the green at $63.7 with a gain of 6.90% for the day. The total traded volume for the day was 8,110,949. The stock had closed at $59.59 in the previous trading session.

Apache Corporation (Apache) is an independent energy company, which explores for, develops, and produces natural gas, crude oil, and natural gas liquids. As of December 31, 2014, Apache had exploration and production interests in five countries: the United States, Canada, Egypt, Australia and the United Kingdom. During the year ended December 31, 2014, it participated in drilling 1,478 gross wells, with 1,407 (95%) completed as producers. As of December 31, 2013, in addition to its completed wells, several wells had not reached completion: 318 gross (214.7 net) in the United States; 27 gross (19.0 net) in Canada; 35 gross (32.5 net) in Egypt, and 3 gross (2.2 net) in the North Sea. The Companys operations in United States and Canada are constituted under its North America business, while its International business constitutes its operations in Egypt, Australia and the United Kingdom in the North Sea.

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