Apache (APA)

Add a New Bulls Reason Company: Apache (APA) Current price: Headline: (100 character max) Analysis: Cancel 100% agree 12 votes   Analysts see Apache's acquisitions paying off in the long run Top Contributor: Michael McGillen | Created when NYSE:APA was $95.58 | Edit | History Many analysts view Apache Corp.'s (APA) $7 billion acquisition of BP assets in North America and Egypt as boosting the company's value in the long run, despite the short-term debt load the company has to take on to pay for the acquisition. The acquisition increases Apache's production per day by almost 13% and proved reserves by about 20%. In addition, the acquisitions expand areas that are considered core locations for Apache. (100 character max) Cancel

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