Apache Corporation (APA) Analysts See $0.02 EPS

October 7, 2017 - By test

 Apache Corporation (APA) Analysts See $0.02 EPS
Investors sentiment decreased to 0.74 in 2017 Q2. Its down 0.26, from 1 in 2017Q1. It dropped, as 88 investors sold Apache Corporation shares while 243 reduced holdings. 50 funds opened positions while 196 raised stakes. 342.91 million shares or 0.58% more from 340.94 million shares in 2017Q1 were reported.
Fic Capital owns 35,762 shares for 0.71% of their portfolio. 3,717 were accumulated by San Francisco Sentry Invest Grp Incorporated (Ca). New York-based Gabelli Funds Lc has invested 0.07% in Apache Corporation (NYSE:APA). King Luther Mgmt Corp invested in 0.02% or 36,525 shares. Meyer Handelman Com, a New York-based fund reported 5,088 shares. 48,556 are held by Nomura Asset Mgmt Com. State Street Corp has 0.09% invested in Apache Corporation (NYSE:APA) for 20.07M shares. Mitsubishi Ufj Tru Corporation owns 1.34M shares or 0.12% of their US portfolio. Bb&T Secs Limited Company reported 0.02% of its portfolio in Apache Corporation (NYSE:APA). Kistler holds 1,770 shares. Brandes Invest Prtnrs L P has invested 0.76% in Apache Corporation (NYSE:APA). Meag Munich Ergo Kapitalanlagegesellschaft Mbh has invested 0.01% of its portfolio in Apache Corporation (NYSE:APA). Federated Investors Pa has 7,540 shares. Everence Mngmt stated it has 11,378 shares or 0.13% of all its holdings. Whittier Company Of Nevada, a Nevada-based fund reported 5,330 shares.

Since May 15, 2017, it had 1 insider buy, and 0 sales for $513,800 activity.

Wall Street await Apache Corporation (NYSE:APA) to release earnings on November, 2. Analysts forecast EPS of $0.02, up exactly $0.05 or 166.67 % from 2014’s $-0.03 EPS. The expected APA’s profit could reach $7.51 million giving the stock 564.63 P/E in the case that $0.02 earnings per share is reported. After posting $-0.21 EPS for the previous quarter, Apache Corporation’s analysts now forecast -109.52 % EPS growth. The stock decreased 1.42% or $0.65 on October 6, reaching $45.17. About 2.55 million shares traded. Apache Corporation (NYSE:APA) has declined 10.21% since October 8, 2016 and is downtrending. It has underperformed by 26.91% the S&P500.

Apache Corporation (NYSE:APA) Ratings Coverage

Among 25 analysts covering Apache Corporation (NYSE:APA), 5 have Buy rating, 5 Sell and 15 Hold. Therefore 20% are positive. Apache Corporation had 79 analyst reports since July 21, 2015 according to SRatingsIntel. S&P Research maintained it with “Buy” rating and $56 target in Friday, August 7 report. The firm has “Sell” rating given on Wednesday, July 19 by Jefferies. The firm has “Market Perform” rating by Wells Fargo given on Friday, December 16. As per Thursday, April 7, the company rating was maintained by Citigroup. As per Thursday, June 15, the company rating was maintained by RBC Capital Markets. The company was maintained on Friday, July 21 by Citigroup. Mitsubishi UFG initiated it with “Neutral” rating and $64 target in Monday, September 26 report. The firm has “Underperform” rating given on Tuesday, January 5 by Bank of America. The stock of Apache Corporation (NYSE:APA) earned “Hold” rating by Stifel Nicolaus on Thursday, October 5. The rating was maintained by Credit Suisse with “Neutral” on Thursday, November 12.

Apache Corporation is an independent energy company. The company has market cap of $16.96 billion. The Firm explores for, develops, and produces crude oil, natural gas and natural gas liquids. It has a 690.67 P/E ratio. The Company’s production divisions include: the United States, Egypt and the United Kingdom North Sea.

More recent Apache Corporation (NYSE:APA) news were published by: Investorplace.com which released: “Trade of the Day: Apache Corporation (APA) Stock Could Be a Gusher” on October 06, 2017. Also Globenewswire.com published the news titled: “Apache Declares Cash Dividend on Common Shares” on September 13, 2017. Fool.com‘s news article titled: “This Oil Stock Is a Dirt-Cheap Buy” with publication date: September 21, 2017 was also an interesting one.

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