Apache Corporation (NYSE:APA) Shorts Reduced By 7.69%

May 16, 2018 - By Sheila Anderson

Apache Corporation (NYSE:APA) Corporate Logo

Big Money Sentiment decreased to 0.87 in 2017 Q4. It has change of 0.18, from 2017Q3’s 1.05. The ratio fall due to Apache Corporation positioning: 61 sold and 238 reduced. 78 funds took holdings and 183 increased holdings. Investors holded 348.95 million in 2017Q3 but now own 340.75 million shares or 2.35% less.
Of Vermont reported 0.03% stake. Mufg Americas Holding Corporation stated it has 300 shs or 0% of all its holdings. Ruffer Ltd Liability Partnership invested in 20,000 shs. Asset Mgmt One Commerce Ltd has 0.06% invested in Apache Corporation (NYSE:APA). Essex Invest Lc accumulated 28,846 shs. 69,337 are owned by Westpac. Hotchkis & Wiley Management Ltd Liability accumulated 12.87 million shs. Exane Derivatives holds 30 shs. Salient Lta holds 0.28% of its capital in Apache Corporation (NYSE:APA) for 59,900 shs. Jolley Asset Management Ltd Limited Liability Company has 15,950 shs for 0.43% of their capital. State Bank Of New York Mellon Corporation has invested 0.03% in Apache Corporation (NYSE:APA). Teacher Retirement Systems Of Texas holds 0.03% of its capital in Apache Corporation (NYSE:APA) for 102,215 shs. Foyston Gordon & Payne holds 130,158 shs. Wellington Management Group Inc Llp invested in 46,682 shs. King Luther Capital reported 0.01% of its capital in Apache Corporation (NYSE:APA).

Apache Corporation had 0 insider sales and 2 buys since December 13, 2017. This’s net activity of $204,572.

It was showed a decrease on Apache Corporation (NYSE:APA)’s shares shorted with 7.69%. FINRA published shares shorted of APA’s total 29.13 million shares. Previously was reported down change of 7.69% from 31.55 million shares. Former APA’s position will need 7 days to restore. It has 4.24 million average volume. 7.66% is Apache Corporation float short.

Ticker’s shares touched $42.59 during the last trading session after 0.16% change.Apache Corporation has volume of 1.00 million shares. Since May 16, 2017 APA has declined 24.62% and is downtrending. The stock underperformed the S&P 500 by 36.17%.

Apache Corporation, an independent energy company, explores for, develops, and produces crude oil, natural gas, and natural gas liquids.The company has $16.28 billion market cap. It operates onshore and offshore assets primarily in the Permian Basin, the Midcontinent/Gulf Coast, Canada, and the Gulf of Mexico, as well as Egypt and the North Sea, the United Kingdom.The P/E ratio is 12.49. As of December 31, 2016, it had total estimated proved reserves of 642 million barrels of crude oil, 192 million barrels of natural gas liquids, and 2.9 trillion cubic feet of natural gas.

Apache Corporation (NYSE:APA) Ratings Coverage

A total of 11 analysts rate Apache (NYSE:APA) as follows: 2 “Buy”, 6 “Hold” and 3 “Sell”. Тherefore 18% are bullish. (NYSE:APA) has 19 ratings reports on May 16, 2018 according to StockzIntelligence. On Tuesday, January 30 the stock has “Sell” rating by Jefferies. The stock rating was maintained by Stifel Nicolaus with “Hold” on Friday, February 23. On Friday, February 23 the stock has “Neutral” rating by Credit Suisse. The company rating was maintained by BMO Capital Markets on Thursday, January 11. On Monday, January 29 Stifel Nicolaus maintained Apache Corporation (NYSE:APA) with “Hold” rating. On Monday, April 23 the firm has “Hold” rating given by Stifel Nicolaus. The stock rating was maintained by Citigroup with “Neutral” on Wednesday, February 28. The company rating was maintained by RBC Capital Markets on Friday, April 13. On Monday, February 26 the stock of Apache Corporation (NYSE:APA) has “Hold” rating given by BMO Capital Markets. On Monday, February 26 the stock of Apache Corporation (NYSE:APA) earned “Buy” rating by MUFG Securities Americas Inc.

A couple more Apache Corporation (NYSE:APA) news were released by: Globenewswire.com which released on May 02, 2018 “Apache Corporation Announces First-Quarter Financial and Operational Results”, also Gurufocus.com on May 16, 2018 released “US Stocks Inch Up Wednesday”, the next Seekingalpha.com is “Apache – It Will Pay To Be Patient” on May 08, 2018. Bizjournals.com has article titled “Apache joins Noble Energy in anchoring new Permian-to-Corpus Christi pipeline”.

Apache Corporation (NYSE:APA) Institutional Investors Chart

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