News stories about Apache Corporation (NYSE:APA) have been trending somewhat positive this week, Accern reports. Accern ranks the sentiment of press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Apache Corporation earned a media sentiment score of 0.20 on Accern’s scale. Accern also assigned news stories about the energy company an impact score of 48.0515036072587 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Here are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:

A number of equities analysts recently issued reports on APA shares. Royal Bank of Canada set a $55.00 price objective on Apache Corporation and gave the stock a “hold” rating in a report on Thursday, August 24th. BMO Capital Markets set a $45.00 price objective on Apache Corporation and gave the stock a “hold” rating in a report on Monday, June 26th. Scotiabank set a $50.00 price objective on Apache Corporation and gave the stock a “hold” rating in a report on Thursday, August 3rd. J P Morgan Chase & Co lowered Apache Corporation from a “neutral” rating to an “underweight” rating and decreased their price objective for the stock from $46.00 to $38.00 in a report on Thursday, September 14th. Finally, Barclays PLC decreased their price objective on Apache Corporation from $30.00 to $26.00 and set an “underweight” rating for the company in a report on Wednesday. Nine analysts have rated the stock with a sell rating, nine have given a hold rating and three have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $49.06.

Shares of Apache Corporation (NYSE:APA) opened at 41.60 on Friday. The stock’s 50 day moving average price is $42.51 and its 200-day moving average price is $46.62. The firm’s market cap is $15.85 billion. Apache Corporation has a 12 month low of $38.14 and a 12 month high of $69.00.

Apache Corporation (NYSE:APA) last released its earnings results on Thursday, August 3rd. The energy company reported ($0.21) EPS for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.22). Apache Corporation had a negative return on equity of 1.03% and a negative net margin of 0.07%. The business had revenue of $1.38 billion for the quarter, compared to analyst estimates of $1.41 billion. During the same period in the prior year, the firm posted ($0.26) EPS. Apache Corporation’s revenue was up .1% on a year-over-year basis. Equities research analysts anticipate that Apache Corporation will post $0.03 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 22nd. Shareholders of record on Monday, October 23rd will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 2.40%. The ex-dividend date of this dividend is Friday, October 20th. Apache Corporation’s dividend payout ratio is presently -4,997.50%.

In other Apache Corporation news, Director John E. Lowe bought 2,500 shares of the stock in a transaction on Monday, August 7th. The stock was purchased at an average price of $44.90 per share, with a total value of $112,250.00. Following the acquisition, the director now owns 10,000 shares of the company’s stock, valued at $449,000. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director John E. Lowe bought 2,000 shares of the stock in a transaction on Thursday, August 17th. The shares were acquired at an average cost of $40.32 per share, with a total value of $80,640.00. Following the acquisition, the director now directly owns 12,000 shares in the company, valued at approximately $483,840. The disclosure for this purchase can be found here. Insiders have acquired a total of 5,500 shares of company stock valued at $235,094 in the last ninety days. Company insiders own 0.48% of the company’s stock.

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Apache Corporation Company Profile

Apache Corporation is an independent energy company. The Company explores for, develops, and produces natural gas, crude oil and natural gas liquids. The Company’s production segments include: the United States, Egypt and the United Kingdom North Sea. It also pursues exploration interests in Suriname.

Insider Buying and Selling by Quarter for Apache Corporation (NYSE:APA)

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