APA's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 0.02 -- higher than merely 0.84% of US-listed equities with positive expected earnings growth.
Of note is the ratio of Apache Corp's sales and general administrative expense to its total operating expenses; merely 3.03% of US stocks have a lower such ratio.
Over the past twelve months, APA has reported earnings growth of -1,786.41%, putting it ahead of only 0.93% of US stocks in our set.
If you're looking for stocks that are quantitatively similar to Apache Corp, a group of peers worth examining would be CORR, FANG, CPE, ATH, and SD.
Apache Corporation explores, develops, and produces natural gas, crude oil, and natural gas liquids in the Permian Basin, the Anadarko basin in western Oklahoma, and the Texas Panhandle, Gulf Coast areas of the United States, as well as in Western Canada. The company was founded in 1954 and is based in Houston, Texas.
APA Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for APA, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Apache Corp ranked in the 17th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 79.17%. In terms of the factors that were most noteworthy in this DCF analysis for APA, they are:
Interest coverage, a measure of earnings relative to interest payments, is -28.04; that's higher than only 9.72% of US stocks in the Energy sector that have positive free cash flow.
Its compound free cash flow growth rate, as measured over the past 3.43 years, is -0.1% -- higher than merely 14.79% of stocks in our DCF forecasting set.
Apache Corp's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 0% of US stocks with positive free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Apache Corp? See CEO, ERF, RNET, CLB, and PEIX.
In continued asset sale news, Occidental Petroleum (OXY) has announced that it sold its onshore holdings in Colombia to the Carlyle Group (CG). Receiving $700mm upfront with the potential for another $125mm payout if certain commodity price and production targets are met, investors would be forgiven if they thought this...