Apache stock: buy or sell?

APA stock price: $25.49 -4.71% At close on February 25th, 2020

Updated on:
February 25th, 2020

2

After sliding a frightening -6.17% yesterday, Apache closed today at $25.49 and plummed a hair-raising -4.71%. With Tuesday it's been 3 red days in a row.

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.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

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

Daily outlook

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%).

APA stock chart (daily)

Weekly outlook

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%).

APA stock chart (weekly)

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 target

Predicting 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 Share

Apache 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.
APA earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a0.11n/a
2017-Q2-n/a1.54n/a
2017-Q32017-11-02-0.060.04n/a
2017-Q42018-02-220.210.3357.1%
2018-Q12018-05-020.260.3223.1%
2018-Q22018-08-010.350.542.9%
2018-Q32018-10-310.430.6346.5%
2018-Q42019-02-270.250.3124.0%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

Compared 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.

APA annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
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 M9.69%$1,304 M22.2%-192.81%
2018$7,348 M24.82%$40 M0.5%-96.93%

Quarterly financial results

Apache 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%.
APA quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$1,510 M-$213 M14.1%-
2017-Q2$1,350 M-10.60%$572 M42.4%168.54%
2017-Q3$1,389 M2.89%$63 M4.5%-88.99%
2017-Q4$1,640 M18.07%$456 M27.8%623.81%
2018-Q1$1,728 M5.37%$145 M8.4%-68.20%
2018-Q2$1,936 M12.04%$195 M10.1%34.48%
2018-Q3$1,976 M2.07%$81 M4.1%-58.46%
2018-Q4$1,703 M-13.82%$-381 M-22.4%-570.37%

Apache ownership

When 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:

APA
Market cap$9.6 B
Total shares376.0 M
Float shares374.5 M
  - Institutional holdings (%)101.0%
  - Insider holdings (%)0.5%
Shares in short selling0.0%

Apache summary

Tuesday, February 25th, 2020
Open$27.24
Close$25.49
Day range$25.34 - $27.29
Previous close$26.75
Session gain-4.71%
Average true range$1.06
50d mov avg$27.81
100d mov avg$24.91
200d mov avg$24.98
Daily pattern
Weekly pattern lb02a

Apache performance

Stocks 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 .
Stock3m6m12m
APAApache15.29%20.41%-22.24%

Apache competitors

Unfortunately, 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