Top Bears Reasons To Sell — Vote below!

Add a New Bears Reason

Company: Apache (APA)
Current price:
Headline: (100 character max)
Analysis:
Cancel
25%
agree
4 votes

  Apache's increases exposure to Gulf of Mexico

Through two acquisitions in April 2010, Apache significantly increased its production assets in the Gulf's shallow waters and deepwater. These acquisitions were prior to BP's Gulf spill, which has the potential of inviting heavier federal regulation and higher safety precaution costs. Gulf operations are also vulnerable to damages and closure due to seasonal storms. However, Apache is well-diversified; no production area accounted for more than 26% of its 2009 production revenues.

(100 character max) Cancel
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki