APA Crosses Critical Technical Indicator Monday, January 23, 12:01 PM ET, by Market News Video Staff In trading on Monday, shares of Apache Corp (APA) entered into oversold territory, changing hands ...
Implied UOP Analyst Target Price: $38 Tuesday, January 24, 9:17 AM ET, by Market News Video Staff Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...
Apache Corp. (NYSE:APA) posted a 74% gain in third quarter earnings today. Results missed analyst estimates, but the stock is trading higher, perhaps on optimism in its production outlook, as well as its insistence it will close its acquisition of Mariner Energy (ME) later this month.
Apache is the #2 holding in the iShares Dow Jones U.S. Oil & Gas Exploration & Production Index Fund (AMEX:IEO), which is trading up 2.5% today. The top five holdings in the fund are Occidental Petroleum (NYSE:OXY), at 14.62% of the total, followed by Apache at 9.01%, Anadarko (NYSE:APC) with 7.79% of the portfolio, Devon Energy (NYSE:DVN) at 6.75%, and EOG Resources (EOG), at 6.16%.
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