EPS for Apache Corporation (APA) Expected At $0.12

January 21, 2018 - By Nellie Frank

 EPS for Apache Corporation (APA) Expected At $0.12
Investors sentiment increased to 1.05 in 2017 Q3. Its up 0.31, from 0.74 in 2017Q2. It is positive, as 60 investors sold Apache Corporation shares while 202 reduced holdings. 66 funds opened positions while 209 raised stakes. 348.95 million shares or 1.76% more from 342.91 million shares in 2017Q2 were reported.
Ramsay Stattman Vela Price owns 0.09% invested in Apache Corporation (NYSE:APA) for 4,704 shares. Ig Investment Ltd reported 0.21% stake. Neuberger Berman Grp Inc Limited Liability accumulated 0% or 24,508 shares. Nomura Asset Mgmt has 0.03% invested in Apache Corporation (NYSE:APA) for 51,565 shares. Brown Advisory Inc, a Maryland-based fund reported 48,888 shares. Stephens Incorporated Ar has 11,020 shares. Flossbach Von Storch Ag has invested 0% in Apache Corporation (NYSE:APA). First Corp In invested in 378 shares. Focused Wealth Mgmt, a New York-based fund reported 70 shares. Wellington Mgmt Gp Ltd Liability Partnership holds 0% of its portfolio in Apache Corporation (NYSE:APA) for 53,412 shares. Butensky Cohen Financial Security reported 27,130 shares stake. Tortoise Capital Advisors Limited stated it has 2.13% in Apache Corporation (NYSE:APA). Patten Grp Incorporated Inc invested in 0.51% or 30,915 shares. Bartlett Limited Company holds 1,270 shares or 0% of its portfolio. Duncker Streett & owns 100 shares or 0% of their US portfolio.

Since December 13, 2017, it had 1 buying transaction, and 0 insider sales for $120,064 activity.

Analysts expect Apache Corporation (NYSE:APA) to report $0.12 EPS on February, 22.They anticipate $0.18 EPS change or 300.00 % from last quarter’s $-0.06 EPS. APA’s profit would be $45.71 million giving it 95.94 P/E if the $0.12 EPS is correct. After having $0.04 EPS previously, Apache Corporation’s analysts see 200.00 % EPS growth. The stock decreased 0.86% or $0.4 during the last trading session, reaching $46.05. About 3.28M shares traded. Apache Corporation (NYSE:APA) has declined 10.21% since January 21, 2017 and is downtrending. It has underperformed by 26.91% the S&P500.

Apache Corporation (NYSE:APA) Ratings Coverage

Among 27 analysts covering Apache Corporation (NYSE:APA), 5 have Buy rating, 5 Sell and 17 Hold. Therefore 19% are positive. Apache Corporation had 92 analyst reports since July 21, 2015 according to SRatingsIntel. Jefferies maintained it with “Sell” rating and $35.0 target in Tuesday, August 29 report. Wells Fargo downgraded Apache Corporation (NYSE:APA) on Friday, December 16 to “Market Perform” rating. The firm has “Neutral” rating by JP Morgan given on Wednesday, December 9. The firm has “Underweight” rating given on Thursday, March 2 by Barclays Capital. The company was maintained on Tuesday, August 15 by Citigroup. The stock has “Hold” rating by BMO Capital Markets on Monday, November 6. The rating was maintained by Bank of America with “Underperform” on Monday, November 6. The firm has “Hold” rating given on Tuesday, July 18 by Cowen & Co. The stock has “Hold” rating by BMO Capital Markets on Thursday, January 11. The firm has “Outperform” rating by Howard Weil given on Monday, May 16.

Apache Corporation, an independent energy company, explores for, develops, and produces crude oil, natural gas, and natural gas liquids. The company has market cap of $17.54 billion. It operates onshore and offshore assets primarily in the Permian Basin, the Midcontinent/Gulf Coast, Canada, and the Gulf of Mexico, as well as Egypt and the North Sea, the United Kingdom. It has a 26.31 P/E ratio. As of December 31, 2016, it had total estimated proved reserves of 642 million barrels of crude oil, 192 million barrels of natural gas liquids, and 2.9 trillion cubic feet of natural gas.

More notable recent Apache Corporation (NYSE:APA) news were published by: Seekingalpha.com which released: “Apache Corp.: One Of The Cheapest Oil Stocks” on December 24, 2017, also Nasdaq.com with their article: “Apache Corporation (APA) Ex-Dividend Date Scheduled for January 19, 2018” published on January 18, 2018, Fool.com published: “Here’s Where Things Went Wrong for Apache Corp. in 2017” on January 03, 2018. More interesting news about Apache Corporation (NYSE:APA) were released by: Seekingalpha.com and their article: “Apache – Production Loss Assessment Following The Forties Pipeline Shutdown” published on January 03, 2018 as well as Streetinsider.com‘s news article titled: “Apache Corp. (APA) Expects Q4 Adjusted International Production in Range of …” with publication date: January 09, 2018.

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