Apache stock: buy or sell?
February 25th, 2020
Apache Corporation, an independent energy company, explores for, develops, and produces natural gas, crude oil, and natural gas liquids (NGLs).
Should I buy Apache stock?You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Having a trading strategy helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
None of our preferred buy setups matches with Apache stock situation right now, therefore this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Apache stock a buy?
Banks and financial institutions publish stock ratings everyday.Unfortunately, we couldn't find any rating for APA stock for the last 30 days.
Apache stock analysis
After sliding a frightening -6.17% yesterday, Apache closed today at $25.49 and plummed a hair-raising -4.71%.
After sliding a frightening -6.17% yesterday, Apache closed today at $25.49 and plummed a hair-raising -4.71%. Since January when APA stock price broke up the SMA200d line, it gained $0.05 (0.20%). Since December when SMA50d and SMA100d crossed up, APA price slipped $-0.58 per share (-2.22%).
Shares of Apache collapsed a frightening -10.25% this week. Early January APA skyrocketed an exceptional 20.67% in just one week.
Price pattern shows an uptrend with two rising tops and bottoms, and now trading upwards to the $33.51 resistance. Since SMA20w and SMA40w crossed up last week, APA price slid a -6.83%. Since late December 2019 when APA stock price broke up the SMA40w line, it gained $3.04 (13.54%).
Apache stock price history
Apache stock historical price chart
APA stock reached 52-week highs on April at $36.76, and all-time highs 2008-05-21 with a price of 125.12.
Apache stock price targetPredicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we have not found any price prediction for Apache stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareApache presented brilliant results for 2018-Q4 . Apache boosted Earnings per Share (EPS) by 24.00%, beating experts consensus of $0.25. Apache posted $0.31.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual revenues report draw an outstanding growth of 24.82% to $7,348.00 million USD. However, its earnings margin (compared to revenues) plunged to 0.54%, that is $40.00 million.
|2013||$14,790 M||-||$1,920 M13.0%||-|
|2014||$13,749 M||-7.04%||$-5,403.00 M-39.3%||-381.41%|
|2015||$6,383 M||-53.57%||$-23,119.00 M-362.2%||327.89%|
|2016||$5,367 M||-15.92%||$-1,405.00 M-26.2%||-93.92%|
|2017||$5,887 M||9.69%||$1,304 M22.2%||-192.81%|
|2018||$7,348 M||24.82%||$40 M0.5%||-96.93%|
Quarterly financial resultsApache posted $1,703.00 million in revenues for 2018-Q4, a -13.82% less compared to previous quarter. Reported quarter income marked $-381.00 million with a profit margin of -22.37%. Profit margin collapsed a -26.47% compared to previous quarter when profit margin was 4.10%. When comparing turnover to same quarter last year, Apache sales marked a decent increase and gained a 3.84%.
|2017-Q1||$1,510 M||-||$213 M14.1%||-|
|2017-Q2||$1,350 M||-10.60%||$572 M42.4%||168.54%|
|2017-Q3||$1,389 M||2.89%||$63 M4.5%||-88.99%|
|2017-Q4||$1,640 M||18.07%||$456 M27.8%||623.81%|
|2018-Q1||$1,728 M||5.37%||$145 M8.4%||-68.20%|
|2018-Q2||$1,936 M||12.04%||$195 M10.1%||34.48%|
|2018-Q3||$1,976 M||2.07%||$81 M4.1%||-58.46%|
|2018-Q4||$1,703 M||-13.82%||$-381 M-22.4%||-570.37%|
Apache ownershipWhen you are planning to invest in a company, it's worth to overview its ownership structure.
Apache shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.50% of all shares.
Bearish positions for APA stock account 0.00%, no big difference from last month.
For a better context understanding, the following table shows ownership data compared to other related companies:
|Market cap||$9.6 B|
|Total shares||376.0 M|
|Float shares||374.5 M|
|- Institutional holdings (%)||101.0%|
|- Insider holdings (%)||0.5%|
|Shares in short selling||0.0%|
|Tuesday, February 25th, 2020|
|Day range||$25.34 - $27.29|
|Average true range||$1.06|
|50d mov avg||$27.81|
|100d mov avg||$24.91|
|200d mov avg||$24.98|
Apache performanceStocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. For Apache, the comparison is made against .
Apache competitorsUnfortunately, we could not find any public company that could be defined as Apache competitor. This doesn't mean Apache does not have any competitor in the market, it's just we could not detected it.
Latest Apache stock news
- InvestorPlaceThursday’s Vital Data: Apache, Halliburton and MicronJune 13, 2019
- Seeking AlphaHere's Why Apache Corp. Can Significantly Grow Earnings And Cash FlowsMay 26, 2019
- Seeking AlphaApache Corp.: Permian Production Keeps GrowingMay 9, 2019
- Seeking AlphaWhy Apache Doesn't Need To Be The Next Andarko To OutperformMay 8, 2019
- InvestorPlaceTrade of the Day: Apache Stock Looks Ripe to Gush HigherApril 11, 2019