|Day Low/High||59.85 / 61.21|
|52 Wk Low/High||32.20 / 62.19|
A turnaround may be in the sights for the industry but many companies could still look toward divestitures to strengthen their finances and put money in the bank for acquisitions.
But the Fed meeting is difficult to play in the markets.
Apache may need to tap a partner before it gets its hands dirty with a new oil discovery.
Apache may not be alone in drilling for what could be 3 billion barrels of oil.
The company may not be alone in drilling for what could be 3 billion barrels of oil.
Apache (APA) stock is retreating as a result of a continued slump in oil prices, but Barclays raised the company's stock rating due to its recent Texas oil field discovery.
It will take years for Apache to develop a new find in the Delaware Basin in west Texas and southern New Mexico.
The enthusiasm about U.S. recovery in fracked oil is way premature.
Apache's (APA) stock rating was boosted to 'overweight' from 'neutral' at Atlantic Equities on Monday morning.
Jim Cramer shares his views on one-track minds. Apple, Costco and Amazon are among the stocks discussed.
Jim Cramer shares his views on giving a company the benefit of the doubt. Costco, Amazon and Apache are among the stocks discussed.
The week has been dominated by big deal news in the energy industry, but analysts continue to see macro trends and data as the driving factors for stocks.
Industrial growth in China helped fuel a boom in demand, and eventual supply glut, of the commodity, but the fundamentals may not support a return to prosperity in our lifetime.
When the market decides only one thing is working, that makes things treacherous for everyone else,
The new find is full of low priced natural gas, is lacking infrastructure to get it to market and needs further proving up to determine its worth, observers say.
When you have a market that thinks only one thing is working and it doesn't bother with anything else, you have a market that's more treacherous than it seems.
Apache is still surging a day after the company announced a big oil find in the Permian Basin, but investors should be careful about chasing it, said TheStreet's Jim Cramer
Company's stock is getting carried away after report of big oil find.
For investors fond of Apache shares, Pioneer Natural Resources may be a good buy on its next downturn according to TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer.
Jim Cramer has been keeping an eye on oil stocks, and it's big news that Apache has discovered such rich wells in the Permian Basin.
Apache (APA) said on Wednesday that it found a new oil field in Texas with the equivalent of about two billion barrels of oil.
Company secures 307,000 contiguous net acres in wet gas and oil window
The North American count was bolstered by a significant uptick in Canadian rigs week-over-week, and U.S. oil producers have added more than 30 rigs so far in August.
Activity in the U.S. was up by 10 rigs as commodity prices approached the $50 per barrel mark, although the Canadian count slipped by 5 rigs.
Oil companies should aggressively be buying into the Permian basin, Cramer says