Apache Corporation (APA) Analysts See $0.37 EPS

April 20, 2018 - By wolcottdaily

Apache Corporation (NYSE:APA) LogoInvestors sentiment decreased to 0.87 in Q4 2017. Its down 0.18, from 1.05 in 2017Q3. It fall, as 61 investors sold Apache Corporation shares while 238 reduced holdings. 78 funds opened positions while 183 raised stakes. 340.75 million shares or 2.35% less from 348.95 million shares in 2017Q3 were reported.
Country Natl Bank has 65 shares for 0% of their portfolio. Serv Automobile Association owns 118,246 shares or 0.01% of their US portfolio. Harris Assoc Lp invested in 1.31% or 19.01M shares. Winslow Evans & Crocker has 1,200 shares for 0.02% of their portfolio. Twin Tree Mgmt Limited Partnership reported 0.01% of its portfolio in Apache Corporation (NYSE:APA). Lincoln National Corp holds 0.01% or 5,338 shares in its portfolio. Proshare Advsr Lc holds 0.04% of its portfolio in Apache Corporation (NYSE:APA) for 145,068 shares. D L Carlson Inv Grp Inc Inc owns 32,305 shares. Alexandria Cap Limited Liability has 0.2% invested in Apache Corporation (NYSE:APA) for 32,747 shares. Litman Gregory Asset Ltd Liability Corp owns 1,000 shares. King Luther Cap Mngmt owns 15,975 shares or 0.01% of their US portfolio. State Of New Jersey Common Pension Fund D holds 0.27% or 1.70M shares. Aviva Public Ltd Company holds 0.05% or 210,894 shares. Slate Path Cap L P has 610,000 shares for 2.53% of their portfolio. Tocqueville Asset Management L P holds 0% or 6,216 shares.

Since December 13, 2017, it had 2 insider buys, and 0 sales for $204,572 activity.

Analysts expect Apache Corporation (NYSE:APA) to report $0.37 EPS on May, 2 after the close.They anticipate $0.29 EPS change or 362.50 % from last quarter’s $0.08 EPS. APA’s profit would be $141.40M giving it 28.09 P/E if the $0.37 EPS is correct. After having $0.33 EPS previously, Apache Corporation’s analysts see 12.12 % EPS growth. The stock decreased 0.48% or $0.2 during the last trading session, reaching $41.58. About 3.83M shares traded. Apache Corporation (NYSE:APA) has declined 24.62% since April 20, 2017 and is downtrending. It has underperformed by 36.17% the S&P500.

Apache Corporation (NYSE:APA) Ratings Coverage

Among 12 analysts covering Apache (NYSE:APA), 2 have Buy rating, 4 Sell and 6 Hold. Therefore 17% are positive. Apache had 22 analyst reports since November 6, 2017 according to SRatingsIntel. The firm earned “Hold” rating on Thursday, January 11 by BMO Capital Markets. Mitsubishi UFJ upgraded Apache Corporation (NYSE:APA) on Tuesday, February 27 to “Overweight” rating. Barclays Capital maintained the stock with “Underweight” rating in Monday, November 20 report. Stifel Nicolaus maintained the shares of APA in report on Wednesday, March 28 with “Hold” rating. The firm has “Hold” rating given on Wednesday, December 20 by RBC Capital Markets. Stifel Nicolaus maintained the stock with “Hold” rating in Friday, February 23 report. As per Monday, November 6, the company rating was maintained by BMO Capital Markets. The rating was upgraded by MUFG Securities Americas Inc on Monday, February 26 to “Buy”. Citigroup maintained the shares of APA in report on Wednesday, February 28 with “Neutral” rating. Stifel Nicolaus maintained the stock with “Hold” rating in Monday, January 29 report.

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 $15.89 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 12.19 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.

Apache Corporation (NYSE:APA) Institutional Positions Chart

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