Zacks Rating on Apache Corporation (APA)

Apache Corporation (APA) : 4 brokerage houses believe that Apache Corporation (APA) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 8 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Apache Corporation (APA). Zacks Investment Research suggests a Hold with a rank of 3. 3 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock.The median of all the 16 Wall Street Analysts endorse the stock as a Hold with a rating of 2.63.

Apache Corporation (APA) : Average target price received by Apache Corporation (APA) is $57 with an expected standard deviation of $7.94. The most aggressive target on the stock is $70, whereas the most downbeat target is $42. 14 financial analysts are currently covering the stock.


Shares of Apache Corp. rose by 4.75% in the last five trading days and 2.73% for the last 4 weeks. Apache Corp. has dropped 7.93% during the last 3-month period . Year-to-Date the stock performance stands at 22.04%. Apache Corporation (NYSE:APA): stock turned positive on Tuesday. Though the stock opened at $53.07, the bulls momentum made the stock top out at $53.48 level for the day. The stock recorded a low of $52.51 and closed the trading day at $53.39, in the green by 0.45%. The total traded volume for the day was 2,715,262. The stock had closed at $53.15 in the previous days trading.

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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