Apache Corp. (APA) Tops Q3 EPS by 16c

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Go back to Apache Corp. (APA) Tops Q3 EPS by 16c

Apache Corp. (APA) PT Raised to $53 at Stifel Following 3Q Beat

November 1, 2018 8:10 AM EDT

Stifel analyst Michael Scialla raised the price target on Apache Corp. (NYSE: APA) to $53.00 (from $50.00) while maintaining a Hold rating following the company's 3Q release. 3Q EPS/CFPS of $0.63/$2.60 compared to consensus of $0.47/$2.42.

The company guided 4Q18 capex of $891MM, down 8% from 3Q18 but 15%... More

Stephens Remains Bullish on Apache Corp. (APA) Following 3Q

November 1, 2018 8:07 AM EDT

Stephens analyst, Gail Nicholson, reiterated an Overweight rating and $55.00 price target on Apache Corp. (NYSE: APA) following the company's 3Q earnings report. APA reported 3Q adjusted EBITDAX of ~$1,367 mil., beating the consensus of ~$1,249 mil.

Management raised 2018 production guidance fractionally to ~469 Mboepd. In 2019, APA... More