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APA

Apache

$39.38

-0.26 (-0.66%)

16:21
04/12/18
04/12
16:21
04/12/18
16:21

Apache appoints Ben Rodgers as VP Treasury

Apache announced Ben C. Rodgers has been named vice president, Treasury; effective April 16. Rodgers will lead Apache's Treasury department and have global oversight over the company's capital structure analysis, financing, risk insurance, banking policy, cash and liquidity management.

  • 03

    May

APA Apache
$39.38

-0.26 (-0.66%)

02/26/18
MUFG
02/26/18
UPGRADE
MUFG
Overweight
Apache upgraded to Overweight from Neutral at MUFG
02/26/18
MUFG
02/26/18
UPGRADE
Target $46
MUFG
Overweight
Apache upgraded to Overweight following recent pullback at MUFG
MUFG analyst Michael McAllister upgraded Apache to Overweight from Neutral while lowering his price target for the shares to $46 from $56. The recent selloff makes the shares attractive, McAllister tells investors in a research note. The analyst sees 28% upside in the stock following the 27.5% pullback in the past 30 days.
03/05/18
RBCM
03/05/18
NO CHANGE
Target $45
RBCM
Sector Perform
Apache price target lowered to $45 from $51 at RBC Capital
RBC Capital analyst Scott Hanold lowered his price target on Apache to $45 after the company's Q4 earnings, saying the management is taking a more measured investment approach with $3.0B forecast vs. the prior outlook of $3.1B while concentrating its spending on Alpine High development. Hanold adds that the investment disclosure suggests that annual organic production growth will range in 10%-15% range - below his 15%-18% prior forecast. The analyst keeps his Sector Perform rating on Apache and expects the stock to perform in line with its peer group in the near term.
03/07/18
UBSW
03/07/18
INITIATION
Target $34
UBSW
Sell
Apache initiated with a Sell at UBS
UBS analyst Lloyd Byrne started Apache with a Sell rating and $34 price target.

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