Apache Corporation (NYSE:APA) Sellers Decreased Their Shorts By 7.69% As Of May 16, 2018

May 16, 2018 - By Margaret Guttierez

Apache Corporation (NYSE:APA) Corporate Logo

Big Money Sentiment decreased to 0.87 in Q4 2017. It has change of 0.18, from 2017Q3’s 1.05. The ratio turned negative due to Apache Corporation positioning: 61 sold and 238 reduced. 78 funds bought stakes and 183 increased stakes. Investors holded 348.95 million in 2017Q3 but now own 340.75 million shares or 2.35% less.
Tortoise Investment Mngmt Lc accumulated 0% or 2 shs. Huntington Bank accumulated 1,118 shs. Andra Ap reported 60,900 shs or 0.06% of all its holdings. Jolley Asset Mgmt Lc, a North Carolina-based fund reported 15,950 shs. Jfs Wealth Advisors Limited Liability stated it has 455 shs or 0% of all its holdings. Van Den Berg Mgmt I invested 3.52% of its capital in Apache Corporation (NYSE:APA). Veritable L P stated it has 0.01% of its capital in Apache Corporation (NYSE:APA). Trexquant Invest L P invested in 14,353 shs or 0.07% of the stock. Cibc Asset has 40,830 shs. Morgan Stanley reported 1.49M shs. Solaris Asset Ltd Company stated it has 0.04% in Apache Corporation (NYSE:APA). Jane Street Ltd stated it has 0.02% in Apache Corporation (NYSE:APA). 549,915 were accumulated by Bradley Foster Sargent Inc Ct. Security National has 0.02% invested in Apache Corporation (NYSE:APA) for 1,166 shs. Cornerstone Capital Management Holding Ltd Limited Liability Company holds 0.02% or 71,621 shs.

Apache Corporation registered $204,572 net activity with 2 insider purchases and 0 selling transactions since December 13, 2017.

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

APA hit $42.59 during the last trading session after $0.07 change.Currently Apache Corporation is downtrending after 24.62% change in last May 16, 2017. APA has 1.00M shares volume. APA underperformed by 36.17% the S&P 500.

Apache Corporation, an independent energy company, explores for, develops, and produces crude oil, natural gas, and natural gas liquids.The firm is worth $16.28 billion. 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. The company rating was maintained by BMO Capital Markets on Thursday, January 11. In Monday, November 20 report Barclays Capital maintained it with “Underweight” rating and $30 target. On Monday, February 26 the firm earned “Buy” rating by MUFG Securities Americas Inc. On Wednesday, February 28 Citigroup maintained Apache Corporation (NYSE:APA) rating. Citigroup has “Neutral” rating and $40 target. The stock rating was maintained by Stifel Nicolaus with “Hold” on Wednesday, March 28. On Tuesday, January 30 the firm has “Sell” rating given by Jefferies. On Monday, December 11 Credit Suisse initiated the shares of APA in report with “Hold” rating. On Monday, February 26 the stock of Apache Corporation (NYSE:APA) earned “Hold” rating by BMO Capital Markets. On Tuesday, February 27 the rating was upgraded by Mitsubishi UFJ to “Overweight”. On Wednesday, December 20 the stock of Apache Corporation (NYSE:APA) has “Sell” rating given by Jefferies.

A couple more Apache Corporation (NYSE:APA) news were published by: Gurufocus.com which released on May 16, 2018 “US Stocks Inch Up Wednesday”, also Globenewswire.com on May 02, 2018 published “Apache Corporation Announces First-Quarter Financial and Operational Results”, the next Bizjournals.com is “Apache joins Noble Energy in anchoring new Permian-to-Corpus Christi pipeline” on May 14, 2018. Seekingalpha.com has article titled “Apache – It Will Pay To Be Patient”.

Apache Corporation (NYSE:APA) Institutional Investors Chart

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