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Fly News Breaks for August 7, 2018
APA
Aug 7, 2018 | 12:50 EDT
MUFG analyst Michael McAllister raised his price target for Apache to $66 after the company reported production within the U.S. rose 10% sequentially for Q2. Year-over-year production growth in the region came in at 32%, and for the second time this year U.S. results have driven guidance higher, McAllister tells investors in a post-earnings research note. The analyst keeps an Overweight rating on Apache shares.
News For APA From the Last 2 Days
APA
Apr 24, 2024 | 06:03 EDT
APA
Apr 22, 2024 | 07:32 EDT
Susquehanna raised the firm's price target on APA Corp. to $54 from $50 and keeps a Positive rating on the shares. The firm updated its estimates for their E&P sector by lowereing natual gas assumptions and maintaining oil prices. For 2024, they expect companies will continue their maintenance capital programs, while focusing on driving improving well productivity. Susquehanna also expects M&A activity to continue as companies look to shore up inventory positions.
