Apache Corporation (APA) Scheduled to Post Earnings on Thursday

Xavier Trudeau
Août 3, 2017

NN Investment Partners Holdings N.V.'s holdings in Apache Corporation were worth $120,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. BlackRock Inc. boosted its position in shares of Apache Corporation by 3,551.6% in the first quarter. JPMorgan Chase & Co. boosted its position in shares of Apache Corporation by 155.6% in the first quarter. Country Club Trust Company n.a. now owns 34,554 shares of the energy company's stock valued at $1,776,000 after buying an additional 1,773 shares in the last quarter. Vanguard Group Inc. raised its position in Apache Corporation by 2.4% in the first quarter. Vanguard Group Inc. now owns 26,319,658 shares of the energy company's stock worth $1,352,568,000 after buying an additional 626,822 shares during the last quarter. Finally, Gulf International Bank UK Ltd boosted its stake in shares of Apache Corporation by 1.3% in the first quarter. Finally, Whalerock Point Partners LLC raised its stake in shares of Apache Corporation by 32.2% in the fourth quarter. Fulton Bank N.A. now owns 10,316 shares of the energy company's stock valued at $494,000 after buying an additional 59 shares during the period. Regentatlantic Capital LLC now owns 22,523 shares of the energy company's stock valued at $1,157,000 after buying an additional 83 shares during the period.

Since the start of the New Year, Apache Corporation (NYSE:APA) shares have seen a move of -23.33%.

Among 25 analysts covering Apache Corporation (NYSE:APA), 5 have Buy rating, 4 Sell and 16 Hold. The firm's market cap is $18.14 billion. The firm has a 50-day moving average of $47.96 and a 200 day moving average of $51.36.

Apache Corporation (NYSE:APA) last released its quarterly earnings data on Thursday, May 4th. Apache Corporation had a negative return on equity of 1.27% and a negative net margin of 13.34%. The firm had revenue of $1.88 billion during the quarter, compared to analyst estimates of $1.49 billion. During the same quarter previous year, the company posted ($0.40) earnings per share. On average, equities analysts anticipate that Apache Corporation will post $0.39 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, August 22nd. Stockholders of record on Friday, July 21st will be paid a $0.25 dividend. The ex-dividend date is Wednesday, July 19th. The stock declined 2.21% or $1.06 reaching $46.85 on the news.

Amica Pension Fund Board Of Trustees reported 0.13% of its portfolio in Apache Corporation (NYSE:APA).

ILLEGAL ACTIVITY NOTICE: This report was originally posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this news story on another publication, it was copied illegally and reposted in violation of USA and worldwide trademark and copyright laws. The legal version of this report can be read at https://www.com-unik.info/2017/08/02/hanson-doremus-investment-management-has-151000-stake-in-apache-corporation-nyseapa.html. ( APA ) reported a turnaround to profit in the second quarter as flat revenues were more than offset by lower expenses. Apache Corporation presently has an average rating of "Hold" and an average price target of $56.39. Cowen and Company set a $50.00 price target on shares of Apache Corporation and gave the stock a "hold" rating in a report on Tuesday, July 18th. Seven analysts have rated the stock with a sell rating, fifteen have given a hold rating and five have issued a buy rating to the stock. BMO Capital Markets reiterated a "hold" rating and issued a $53.00 target price on shares of Apache Corporation in a research note on Friday, May 5th.

$513,800 worth of Apache Corporation (NYSE:APA) was bought by JOYCE RENE R on Monday, May 15. Following the purchase, the director now owns 10,000 shares in the company, valued at $513,800. The transaction was disclosed in a document filed with the SEC, which is available at this link. Robeco Institutional Asset Bv has invested 0.01% in Apache Corporation (NYSE:APA).

Atlantic Tru Gru Ltd Liability Company stated it has 0.01% of its portfolio in Apache Corporation (NYSE:APA).

Key Stats: The production of oil and natural gas (excluding divested assets and non-controlling interests) averaged 387,562 oil-equivalent barrels per day (BOE/d) (65% liquids), down 16% from past year. It has production in four divisions: the United States, Canada, Egypt and the United Kingdom North Sea. It also pursues exploration interests in Suriname.

A number of hedge funds have recently modified their holdings of APA.

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