Benchmark Starts Apache Corp. (APA) at Buy, 'The below-average EV/EBITDA multiple should rise'
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July 12, 2023 5:15 AM EDT
(Updated - July 12, 2023 5:17 AM EDT)
Goldman Sachs analyst Umang Choudhary assumes coverage on Apache Corp. (NASDAQ: APA) with a Sell rating and a price target of $30.00.
The analyst comments "Our Sell rating is underpinned by four key drivers - (1)... More
July 11, 2023 4:31 PM EDT
Investing.com -- Stocks closed higher on Tuesday led by a jump in energy and big tech as investors awaited a duo of inflation reports later this week.
At 16:01 ET (20:01 GMT), the Dow Jones Industrial Average was up 317 points or 0.9%, while the S&P 500 was up 0.7% and the Nasdaq was up 0.6%.
Energy climbs as oil prices ride improved demand outlook higher
There are growing expectations that the oil market could tighten in the second half of the year, underpinned by signs of falling crude production and recent pledges from Saudi Arabia to cut output by one... More
July 11, 2023 2:42 PM EDT
Investing.com -- The S&P 500 climbed higher Tuesday, led by a jump in energy and big tech as investors awaited a duo of inflation reports later this week.
The S&P 500 rose 0.2%, the Dow Jones Industrial Average rose 0.6%, or 212 points, and the Nasdaq was up 0.1%.
Energy climbs as oil prices ride improved demand outlook higher
Energy stocks rose more than 1% to lead the broader market outlook on growing expectations that the oil market could tighten in the second half of the year, underpinned by signs of falling crude production and recent pledges from Saudi... More
