A statement released earlier today by Vetr Inc. about Apache Corporation (NYSE:APA) bumps the target price to $51.00
- Updated: September 17, 2016
Just yesterday Apache Corporation (NYSE:APA) traded 0.24% lower at $53.15. The company’s 50-day moving average is $52.31 and its 200-day average is $52.78. With the last stock price up 10.96% from the two hundred day average, compared to the S&P 500 Index which has decreased -0.01% over the date range. Volume of trade was was up over the average, with 5,097,992 shares of APA changing hands over the typical 3,398,540 shares..
Stating a possible downside of -0.04%, Vetr Inc. upped the price target of Apache Corporation (NYSE:APA) to $51
A total of 31 brokers have issued a report on the company. Four firms rate the stock a strong buy, seven firms rate the stock a buy, 18 firms rate the stock a hold, two firms rate the stock to underperform, and finally two brokeragesrate the company as sell with a one year target price of $56.23
Apache Corporation has a one-year low of $32.20 and a one-year high of $60.19 and has a total market value of $0.0.
Brief Synopsis On Apache Corporation (NYSE:APA)
Apache Corporation (Apache) is an independent energy company. Both domestically and internationally, the Company explores for, develops and produces natural gas, crude oil and natural gas liquids. The Company has exploration and production interests in four countries: the United States, Canada, Egypt, and the United Kingdom (North Sea). Apache also pursues exploration interests in other countries. Apache’s North American assets are primarily located in the Permian Basin, the Anadarko basin in western Oklahoma and the Texas Panhandle, Gulf Coast and the offshore Gulf of Mexico areas of the United States, and and in Western Canada. The Company has access to liquid hydrocarbons across its approximately 10.7 million gross acres onshore in the United States and Canada. Apache’s international assets are located in Egypt and offshore of the United Kingdom in the North Sea. Its international assets contribute approximately 40% of its production.
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