Apache Corporation (APA): Stock With Unusual Social Activity

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.

Trade-Ideas LLC identified Apache Corporation ( APA) as an unusual social activity candidate. In addition to specific proprietary factors, Trade-Ideas identified Apache Corporation as such a stock due to the following factors:

  • APA has 10x the normal benchmarked social activity for this time of the day compared to its average of 3.83 mentions/day.
  • APA has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $289.9 million.

Identifying stocks with 'Unusual Social Activity' tends to be a valuable process for traders looking to capitalize on the 'talk of the town' stocks that are basking in far more attention from the StockTwits financial community than normal. Good press? Bad press? It ultimately doesn't matter if it's good or bad if you know how to trade around the sentiment. Certain hedge funds use such data for their proprietary algorithms and it is not uncommon to see shared social sentiment play itself out in a stock's price trend.

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More details on APA:

Apache Corporation, an independent energy company, explores for, develops, and produces natural gas, crude oil, and natural gas liquids. The stock currently has a dividend yield of 1.4%. APA has a PE ratio of 17.4. Currently there are 8 analysts that rate Apache Corporation a buy, no analysts rate it a sell, and 11 rate it a hold.

The average volume for Apache Corporation has been 3.3 million shares per day over the past 30 days. Apache has a market cap of $28.4 billion and is part of the basic materials sector and energy industry. The stock has a beta of 1.01 and a short float of 1.9% with 1.90 days to cover. Shares are down 12.1% year-to-date as of the close of trading on Wednesday.

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

TheStreetRatings.com Analysis:

TheStreet Quant Ratings rates Apache Corporation as a hold. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity.

Highlights from the ratings report include:
  • APA's debt-to-equity ratio is very low at 0.30 and is currently below that of the industry average, implying that there has been very successful management of debt levels. Although the company had a strong debt-to-equity ratio, its quick ratio of 0.81 is somewhat weak and could be cause for future problems.
  • Net operating cash flow has decreased to $2,339.00 million or 15.22% when compared to the same quarter last year. In conjunction, when comparing current results to the industry average, APACHE CORP has marginally lower results.
  • The company's current return on equity has slightly decreased from the same quarter one year prior. This implies a minor weakness in the organization. In comparison to the other companies in the Oil, Gas & Consumable Fuels industry and the overall market, APACHE CORP's return on equity is significantly below that of the industry average and is below that of the S&P 500.

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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