APA's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 0.03 -- higher than only 0.76% 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; only 3.05% of US stocks have a lower such ratio.
In terms of twelve month growth in earnings before interest and taxes, Apache Corp is reporting a growth rate of -1,786.41%; that's higher than just 0.88% of US stocks.
Stocks with similar financial metrics, market capitalization, and price volatility to Apache Corp are OAS, CORR, FANG, ATH, and CPE.
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 15th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 80.83%. The most interesting components of our discounted cash flow analysis for Apache Corp ended up being:
32% of the company's capital comes from equity, which is greater than only 15.06% of stocks in our cash flow based forecasting set.
Apache Corp's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -28.04. This coverage rate is greater than that of only 4.51% of stocks we're observing for the purpose of forecasting via discounted cash flows.
As a business, Apache Corp experienced a tax rate of about 0% over the past twelve months; relative to its sector (Energy), this tax rate is higher than just 0% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
CLB, COG, CEO, ERF, and BP can be thought of as valuation peers to APA, in the sense that they are in the Energy sector and have a similar price forecast based on DCF valuation.
Since 2016, The Federal Reserve Bank of Dallas has surveyed upstream exploration and production ("E&P") companies on a variety of topics: price forecasts, capital expenditures, employment, and just a general market outlook. Other than the price forecasts, respondents simply state whether their view on these issues has improved, decreased, or...
Michael Boyd on Seeking Alpha | September 25, 2020
Moody's Investors Service, ("Moody's") assigned a Baa3 rating to Fieldwood Energy LLC (DIP)'s (Fieldwood) $100 million senior secured priming super-priority debtor-in-possession (DIP) delayed draw term loan. The DIP facility was provided by certain pre-petition first lien term loan lenders, which will help the company manage its operations and liquidity needs during the Chapter 11 reorganization process. The DIP facility has a final maturity date of August 4, 2021.
Apache (APA) declares $0.025/share quarterly dividend, in line with previous.Forward yield 0.84%Payable Nov. 23; for shareholders of record Oct. 22; ex-div Oct. 21.See APA Dividend Scorecard, Yield Chart, & Dividend Growth....
Shares of Apache (NASDAQ: APA) saw some unusual options activity on Tuesday. Following the unusual option alert, the stock price moved up to $12.26. * Sentiment: BULLISH * Option Type: TRADE * Trade Type: PUT * Expiration Date: 2020-10-23 * Strike Price: $11.50 * Volume: 4458 * Open Interest: 193065Three Signs Of Unusual Options Activity Extraordinarily large volume is one indication of unusual options activity. Volume refers to the total shares contracts traded in a day when discussing options activity. Contracts that have been traded, but not closed by a counter-party, are called open interest. A purchased contract cannot be considered closed until there exists both a buyer and seller for the option.A contract with an expiration date in the distant future is another tell of unu...