Apache Corporation (APA): Today's Featured Energy Laggard
(
) 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:
(
), down 10.7%,
(
), down 6.9%,
(
), down 6.3% and
(
), 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
. 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.
- You can view the full Apache Corporation Ratings Report.
On the positive front,
(
), up 12.6%,
(
), up 10.9%,
(
), up 8.7% and
(
), up 7.6% , were all gainers within the energy industry with
(
) being today's featured energy industry leader.
- Use our energy section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the energy industry could consider
(
) while those bearish on the energy industry could consider
(
).
- Find other investment ideas from our top rated ETFs lists.
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