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

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Apache Corporation ( APA) pushed the Energy industry lower today making it today's featured Energy laggard. The industry as a whole closed the day down 0.2%. By the end of trading, Apache Corporation fell $1.76 (-2.1%) to $80.75 on average volume. Throughout the day, 3,201,501 shares of Apache Corporation exchanged hands as compared to its average daily volume of 3,450,800 shares. The stock ranged in price between $80.72-$82.56 after having opened the day at $82.41 as compared to the previous trading day's close of $82.51. Other companies within the Energy industry that declined today were: ZaZa Energy ( ZAZA), down 29.0%, GeoPetro Resources Company ( GPR), down 7.8%, FieldPoint Petroleum Corporation ( FPP), down 6.4% and KiOR ( KIOR), down 5.2%.

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 $32.2 billion and is part of the basic materials sector. Shares are up 5.1% 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 revenue growth, increase in net income, expanding profit margins, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the positive front, Andatee China Marine Fuel Services Corporat ( AMCF), up 22.5%, Camac Energy ( CAK), up 10.2%, WSP Holdings ( WH), up 10.1% and Sonde Resources ( SOQ), up 8.7% , were all gainers within the energy industry with Suncor Energy ( SU) 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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