In a report released yesterday, Mike Kelly from Seaport Global reiterated a Hold rating on Apache (APA). The company’s shares closed yesterday at $33.08.
According to TipRanks.com, Kelly has 0 stars on 0-5 star ranking scale with an average return of -10.9% and a 32.9% success rate. Kelly covers the Basic Materials sector, focusing on stocks such as Jagged Peak Energy Inc, Resolute Energy Corp, and Carrizo Oil & Gas.
Apache has an analyst consensus of Hold, with a price target consensus of $36.18.
See today’s analyst top recommended stocks >>
Based on Apache’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.98 billion and net profit of $81 million. In comparison, last year the company earned revenue of $1.64 billion and had a net profit of $456 million.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Apache Corp. operates as an energy company, which engages in the exploration, development and production of natural gas, crude oil, and natural gas liquids. It operates through the following business segments: the United States, Canada, Egypt, North Sea, and Other International.
