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Apache Corporation (NYSE:APA) has been downgraded to Neutral in a statement by Seaport Global Securities earlier today.

Boasting a price of $47.72, Apache Corporation (NYSE:APA) traded 0.71% higher on the day. With the last close up -10.70% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the date range. Apache Corporation has recorded a 50-day average of $41.94 and a two hundred day average of $47.62. Volume of trade was down over the average, with 3,101,582 shares of APA changing hands under the typical 3,672,190

Seaport Global Securities has downgraded Apache Corporation (NYSE:APA) to Neutral in a statement released on Wednesday June 21, 2017.

Performance Chart

Apache Corporation (NYSE:APA)

With a total market value of $0, Apache Corporation has with a one year low of $38.14 and a one year high of $69.00 .

A total of 31 analysts have released a research note on APA. Four analysts rating the company a strong buy, seven analysts rating the company a buy, eighteen analysts rating the company a hold, two analysts rating the company a underperform, and finally two analysts rating the company a sell with a one year target of $56.23.

More About Apache Corporation (NYSE:APA)

Apache Corporation is an independent energy company. The Company explores for, develops, and produces natural gas, crude oil and natural gas liquids. The Company's production segments include: the United States, Egypt and the United Kingdom North Sea. It also pursues exploration interests in Suriname. In North America, the Company has three onshore regions: The Permian region, The Midcontinent/Gulf Coast region. The Permian region located in West Texas and New Mexico includes the Permian sub-basins, the Midland Basin, Central Basin Platform/Northwest Shelf and Delaware Basin. The Midcontinent/Gulf Coast region includes the Granite Wash, Tonkawa, Canyon Lime, Marmaton, and Cleveland formations of the West Anadarko Basin, the Woodford-SCOOP and Stack plays located in Central Oklahoma, and the Eagle Ford shale in South East Texas.

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