Skip to main content

Market Update (NYSE:APA): Apache To Release Fourth-Quarter, Full-Year 2015 Results Feb. 25

[PR Newswire] – HOUSTON, Jan. 25, 2016 /PRNewswire/ — Apache Corporation (NYSE, Nasdaq: APA) will release its fourth-quarter and full-year 2015 results on its website, www.apachecorp.com, at 7 a.m. Central time Thursday, Feb. 25, 2016, followed by a conference call to discuss its results at 1 p.m. Central time. Apache Corporation is an oil and gas exploration and production company with operations in the United States, Canada, Egypt and the United Kingdom. Read more on this. Apache Corp. (APA) , with a current value of $14.15B, opened this morning at $38.35. Looking at the stock, its one day range is $37.38 to $40.64 and has traded between $32.20 and $71.87 over the past year. Apache (APA) shares are currently priced at -57.07x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry ’s 13.54x earnings multiple for the same period. The company pays shareholders $1.00 per share in dividend income per year, for a current yield of 2.54%. In a review of the consensus earnings estimate this quarter, 29 sell-side analysts are looking at $-0.47 per share, which would be $1.07 better than the year-ago quarter and a $0.00 sequential increase. Furthermore, our analysis shows the full-year EPS estimate to be $-0.69, which would be a $6.63 setback when compared to the last year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $1.47 Billion. If realized, that would be a 49.83% decrease over the year-ago quarter. In terms of ratings, BofA/Merrill downgraded APA from Neutral to Underperform (Jan 5, 2016). Previously, Simmons upgraded APA from Neutral to Overweight. When considering if the stock is under or overvalued, the average price target is $48.65, which is 26.86% above where the stock opened this morning. See more in (NYSE:APA) Similar Articles: Market Update: EOG Resources Inc (NYSE:EOG) – EOG Resources Announces Webcast of Fourth Quarter and Full Year 2015 Results Conference Call on February 26, 2016 Company Update (NYSE:NEE): NextEra Energy Partners, LP announces date for release of fourth-quarter and full-year 2015 financial results Company Update: Apache Corp (NYSE:APA) – Apache Releases Third-Quarter Financial And Operational Results
Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.