Zacks Investment Research downgraded Apache Corporation (NYSE:APA) to Hold in a report released today.
- Updated: November 29, 2016
Just yesterday Apache Corporation (NYSE:APA) traded -0.28% lower at $61.17. Apache Corporation’s 50-day moving average is $61.00 and its 200-day moving average is $56.88. The last stock price is up 7.56% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.03% over the same time period. 3,100,030 shares of Apache Corporation exchanged hands, down from an avg. volume of 4,381,540
Zacks Investment Research has downgraded Apache Corporation (NYSE:APA) to Hold in a report released on 11/29/2016.
With a total market value of $0, Apache Corporation has with a one year low of $32.20 and a one year high of $66.00 .
A total of 31 equity 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 12-month price target of $56.23.
More About 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 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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