Apache Corporation Announces Third-Quarter Financial and Operational Results

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Go back to Apache Corporation Announces Third-Quarter Financial and Operational Results

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