Apache Corporation

In a recent report, Goldman Sachs has commented on Apache (NYSE: APA) after their May 17th analyst meeting. At the meeting, APA reiterated 2012-2015 average production growth expectations, provided color on a 5 year production inventory & drilling and raised 2011 Budget from $7.50 bn to $8.12...

Morgan Stanley increased its price target on Apache (NYSE: APA) from $145 to $150. At the same time, Morgan Stanley reiterated its Overweight rating. In a research report published today, Morgan Stanley states, "Deep dive on assets and outlook gives us greater conviction in core Overweight. We...

Morgan Stanley has raised the price target on Apache Corporation (NYSE: APA) from $145 to $150 and maintains its Overweight rating.

Oppenheimer increased its price target on Apache Corporation (NYSE: APA) from $130 to $150 in a research report published today. Oppenheimer cited higher price of oil and rising production as reasons for the upgrade. In the report, Oppenheimer states, "APA shares are trading at a discount to their...

Oppenheimer has raised the price target on Apache Corporation (NYSE: APA) from $130 to $150 and maintains its Outperform rating.

Credit Suisse is reinstating coverage of Apache Corporation (NYSE: APA) with an Outperform rating and a target price of $129 (up from $105). “This is based on a 5.5x multiple applied to 2013E hedged EBITDAX, which we are now introducing for our large cap universe,” Credit Suisse writes. “APA offers...

Sterne Agee has initiated coverage on Apache Corporation (NYSE: APA) with a Buy rating and $160 price target.

Dahlman Rose & Co. has announced that it is terminating its coverage of Mariner Energy Inc. (NYSE: ME) due to its recent merger with Apache Corporation (NYSE: APA) on November 10, 2010. “The merger closed following its approval by Mariner's shareholders. Apache issued approximately 17.5MM...