NasdaqGS:APA

Stock Analysis Report

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Executive Summary

Apache Corporation, an independent energy company, explores for, develops, and produces natural gas, crude oil, and natural gas liquids (NGLs). More Details


Snowflake Analysis

Moderate growth potential and slightly overvalued.


Similar Companies

Share Price & News

How has Apache's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: APA is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: APA's weekly volatility has decreased from 17% to 11% over the past year, but is still higher than 75% of US stocks.


Market Performance


7 Day Return

9.1%

APA

-2.0%

US Oil and Gas

0.9%

US Market


1 Year Return

-24.1%

APA

-31.7%

US Oil and Gas

22.1%

US Market

Return vs Industry: APA exceeded the US Oil and Gas industry which returned -31.7% over the past year.

Return vs Market: APA underperformed the US Market which returned 22.1% over the past year.


Shareholder returns

APAIndustryMarket
7 Day9.1%-2.0%0.9%
30 Day68.9%27.0%10.2%
90 Day4.0%11.4%9.7%
1 Year-22.9%-24.1%-27.1%-31.7%24.8%22.1%
3 Year-59.8%-62.7%-33.7%-42.8%48.6%38.7%
5 Year-60.3%-64.6%-20.3%-36.0%99.6%77.6%

Long-Term Price Volatility Vs. Market

How volatile is Apache's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Apache undervalued compared to its fair value and its price relative to the market?

30.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: APA ($15.18) is trading below our estimate of fair value ($21.87)

Significantly Below Fair Value: APA is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: APA is unprofitable, so we can't compare its PE Ratio to the US Oil and Gas industry average.

PE vs Market: APA is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate APA's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: APA has negative assets, so we can't compare its PB Ratio to the US Oil and Gas industry average.


Next Steps

Future Growth

How is Apache forecast to perform in the next 1 to 3 years based on estimates from 22 analysts?

65.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: APA is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).

Earnings vs Market: APA is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: APA's is expected to become profitable in the next 3 years.

Revenue vs Market: APA's revenue (3.8% per year) is forecast to grow slower than the US market (10.2% per year).

High Growth Revenue: APA's revenue (3.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: APA is forecast to be unprofitable in 3 years.


Next Steps

Past Performance

How has Apache performed over the past 5 years?

18.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: APA is currently unprofitable.

Growing Profit Margin: APA is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: APA is unprofitable, but has reduced losses over the past 5 years at a rate of 18.4% per year.

Accelerating Growth: Unable to compare APA's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: APA is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-29.6%).


Return on Equity

High ROE: APA has a negative Return on Equity (-5778.87%), as it is currently unprofitable.


Next Steps

Financial Health

How is Apache's financial position?


Financial Position Analysis

Short Term Liabilities: APA's short term assets ($1.7B) exceed its short term liabilities ($1.4B).

Long Term Liabilities: APA's short term assets ($1.7B) do not cover its long term liabilities ($11.4B).


Debt to Equity History and Analysis

Debt Level: APA's debt to equity ratio (6265.5%) is considered high.

Reducing Debt: APA's debt to equity ratio has increased from 73.6% to 6265.5% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: APA has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if APA has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Apache current dividend yield, its reliability and sustainability?

0.66%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: APA's dividend (0.66%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.49%).

High Dividend: APA's dividend (0.66%) is low compared to the top 25% of dividend payers in the US market (4.1%).


Stability and Growth of Payments

Stable Dividend: APA is not paying a notable dividend for the US market, therefore no need to check if payments are stable.

Growing Dividend: APA is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: APA is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of APA's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.1yrs

Average management tenure


CEO

John Christmann (53 yo)

5.92yrs

Tenure

US$14,287,300

Compensation

Mr. John J. Christmann, IV, has been the Chief Executive Officer and President at Apache Corporation since January 20, 2015. Mr. Christmann served as an Executive Vice President and Chief Operating Officer...


CEO Compensation Analysis

Compensation vs Market: John's total compensation ($USD14.29M) is above average for companies of similar size in the US market ($USD7.03M).

Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
John Christmann
CEO, President & Director5.92yrsUS$14.29m0.13%
$ 6.8m
Stephen Riney
Executive VP & CFO5.75yrsUS$6.20m0.043%
$ 2.2m
P. Lannie
Executive VP & General Counsel17.75yrsUS$4.26m0.041%
$ 2.1m
David Pursell
Executive Vice President of Development2.75yrsUS$3.71m0.0027%
$ 140.0k
David Bretches
Executive Vice President of Operations0.92yrno data0.0014%
$ 71.6k
Rebecca Hoyt
Senior VP10.08yrsno data0.019%
$ 1.0m
Mark Maddox
Senior Vice President of Administration0.92yrno datano data
Gary Clark
Vice President of Investor Relations6.33yrsno datano data
Castlen Kennedy
Vice President of Corporate Communications & Public Affairs5.42yrsno datano data
Ben Rodgers
Senior VP of Midstream and Marketing & Treasurer0.67yrno datano data
Brandy Jones
Vice President of Human Resources0.67yrno datano data
Mark Bright
Senior Vice President of Planning1.5yrsno datano data

4.1yrs

Average Tenure

55yo

Average Age

Experienced Management: APA's management team is considered experienced (4.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
John Christmann
CEO, President & Director5.92yrsUS$14.29m0.13%
$ 6.8m
John Lowe
Independent Non-Executive Chairman5.58yrsUS$499.85k0.0080%
$ 412.3k
Rene Joyce
Independent Director3.58yrsUS$299.93k0.0027%
$ 137.4k
Daniel Rabun
Independent Director5.58yrsUS$299.93kno data
Amy Nelson
Independent Director6.83yrsUS$304.93k0.00066%
$ 34.2k
William Montgomery
Independent Director9.25yrsUS$319.93k0.0053%
$ 277.0k
Annell Bay
Independent Director6.58yrsUS$314.93kno data
Juliet Ellis
Independent Director1.58yrsUS$184.97k0.00093%
$ 48.2k
Chansoo Joung
Independent Director9.83yrsUS$319.93k0.012%
$ 622.4k
Peter Ragauss
Independent Director6yrsUS$304.93kno data

6.0yrs

Average Tenure

61yo

Average Age

Experienced Board: APA's board of directors are considered experienced (6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Apache Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Apache Corporation
  • Ticker: APA
  • Exchange: NasdaqGS
  • Founded: 1954
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: US$5.187b
  • Shares outstanding: 377.48m
  • Website: https://www.apachecorp.com

Number of Employees


Location

  • Apache Corporation
  • One Post Oak Central
  • Suite 100
  • Houston
  • Texas
  • 77056
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
APANasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDJan 1968
APADB (Deutsche Boerse AG)YesCommon StockDEEURJan 1968
APA *BMV (Bolsa Mexicana de Valores)YesCommon StockMXMXNJan 1968
0HGCLSE (London Stock Exchange)YesCommon StockGBUSDJan 1968
A1PA34BOVESPA (Bolsa de Valores de Sao Paulo)BDR EACH REPR 1 COMBRBRLDec 2019

Biography

Apache Corporation, an independent energy company, explores for, develops, and produces natural gas, crude oil, and natural gas liquids (NGLs). The company has operations in onshore assets located in the P...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/04 23:00
End of Day Share Price2020/12/04 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.