Monday, July 2, 2007

Apache Corp.

Apache Corp. is among the world’s largest Oil and Gas Exploration and Production sector businesses in the world. Apache Corp.’s employees generate $2.384B in profits on $8.128B of revenue. Global output in the Oil and Gas Exploration and Production business will likely rise substantially over the next 10 years. Long-term economic growth may lift all boats, but Apache Corp. is determined to remain a market leader. Sectoral leadership in the Oil and Gas Exploration and Production segment takes dedication and consistency, but management seeks out-sized growth.

Apache Corp.’s ticker symbol APA has recently been trading near $81.72 a share. The Apache Corp. corporate headquarters in Houston, TX predicts Oil and Gas Exploration and Production profits will satisfy shareholders in search of risk-appropriate returns.

The significance of market volume is sometimes ignored, but with a total market capitalization of $27.062B ensures sufficient liquidity. With a beta of 1.10, the company is more volatile than the market as a whole. When the average equity moves higher, Apache Corp. moves more aggressively.

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