Apache Corporation (APA): Today's Featured Energy Laggard

Apache Corporation was a leading decliner within the energy industry, falling $1.11 (-1.4%) to $80.35 on average volume
By TheStreet Wire ,

Apache Corporation

(

APA

) pushed the Energy industry lower today making it today's featured Energy laggard. The industry as a whole closed the day up 0.2%. By the end of trading, Apache Corporation fell $1.11 (-1.4%) to $80.35 on average volume. Throughout the day, 4,460,875 shares of Apache Corporation exchanged hands as compared to its average daily volume of 3,869,000 shares. The stock ranged in price between $80.12-$81.43 after having opened the day at $81.39 as compared to the previous trading day's close of $81.46. Other companies within the Energy industry that declined today were:

Lone Pine Resources

(

LPR

), down 10.7%,

Recovery Energy

(

RECV

), down 6.9%,

Nabors Industries

(

NBR

), down 6.3% and

Alon USA Partners

(

ALDW

), down 6.0%.

Apache Corporation, an independent energy company, explores for, develops, and produces natural gas, crude oil, and natural gas liquids. Apache Corporation has a market cap of $31.9 billion and is part of the basic materials sector. Shares are up 3.8% year to date as of the close of trading on Tuesday. Currently there are 13 analysts that rate Apache Corporation a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates

Apache Corporation

as a

buy

. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, expanding profit margins, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front,

Whiting USA Trust I

(

WHX

), up 12.6%,

HyperDynamics Corporation

(

HDY

), up 10.9%,

Gastar Exploration

(

GST

), up 8.7% and

Eagle Rock Energy Partners

(

EROC

), up 7.6% , were all gainers within the energy industry with

BP

(

BP

) being today's featured energy industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the energy industry could consider

Energy Select Sector SPDR

(

XLE

) while those bearish on the energy industry could consider

Proshares Short Oil & Gas

(

DDG

).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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