Market Overview

Scotia Capital Neutral On Apache Corporation


Scotia Capital is out with a research report on Apache Corporation (NYSE: APA) and it has a Sector Perform rating and a $125 price target.

In a note to clients, Scotia Capital writes, "The company continues to build up its vast portfolio of assets with significant exploration and development activity in all regions. This portfolio diversity was highlighted in the current quarter as production disruptions in several regions was more than offset by enhanced recoveries in others.

After a year of acquisitions, we expect the company will continue the integration process with a focus on its onshore U.S. developments and further defining the scope of its international properties."

Shares of APA closed at $106.70 on Friday.

Posted-In: Scotia CapitalAnalyst Color Price Target Analyst Ratings


Related Articles (APA)

View Comments and Join the Discussion!

Latest Ratings

CMAB. Riley FBRDowngrades84.0
View the Latest Analytics Ratings
Don't Miss Out!
Join Our Newsletter
Subscribe to:
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
Your weekly roundup of hot topics in the exciting world of fintech.
Thank You
for registering for Benzinga’s newsletters and alerts.
• The Daily Analysts Ratings email will be received daily between 7am and 10am.
• The Market in 5 Minutes email will be received daily between 7am and 8am.
• The Fintech Focus email will be received every Friday between 2pm and 5pm.

Hecla Receives Final Board Approval on Lucky Friday #4 Shaft and Provides Update on Pre-Development Projects

UPDATE: Bank of America Initiates Coverage on Tesla Motors