2. As of noon trading, Apache Corporation ( APA) is down $0.43 (-0.6%) to $76.80 on light volume Thus far, 962,789 shares of Apache Corporation exchanged hands as compared to its average daily volume of 2.9 million shares. The stock has ranged in price between $76.14-$77.02 after having opened the day at $76.51 as compared to the previous trading day's close of $77.23.

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 $29.9 billion and is part of the energy industry. The company has a P/E ratio of 12.2, below the S&P 500 P/E ratio of 17.7. Shares are down 14.7% year to date as of the close of trading on Tuesday. Currently there are 18 analysts that rate Apache Corporation a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Apache Corporation as a hold. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. Get the full Apache Corporation Ratings Report now.

Holiday Special: Subscribe to Action Alerts PLUS to see how Jim Cramer trades his $2.5 Million+ portfolio for 51% off the list price. Your first 14-days are FREE: Sign up today to get e-mail alerts before every trade

If you liked this article you might like

11 Stock Picks for the Coming Oil Breakout

Pioneer Natural Resources: Cramer's Top Takeaways

Bears Are Looming Over Amazon: Cramer's 'Mad Money' Recap (Wed 8/23/17)

Oil Prices Climb Ahead of Crude Inventory Data

Jim Cramer Reveals What to Do When You're Hung on Oil Stocks