APACHE

Analysis of Apache share price

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Are you interested in stocks in the US market or in stocks in the energy, gas and oil sector? In this case, we suggest that you check out one of these values with the Apache Corporation share. This article dedicated to this listed company will reveal the information and data useful for your analyses of its action. You'll discover the activities and sources of income of the group, its main competitors on the market, the elements to follow as part of its fundamental analysis and its recent partnerships.

Elements that can influence the price of this asset:

Analysis N°1

First of all, you'll have to closely monitor the oil market and the prices of this raw material and fuel. A large part of the activities of the Apache group depend on these raw materials and their price.

Analysis N°2

The rise of natural gas in the energy sector is also an important element to study in order to be able to anticipate the growth or recession of this company.

Analysis N°3

The discoveries of new deposits and the implementation of new oil exploration will be very important elements to follow in studying the Apache Corporation stock.

Analysis N°4

You should also take an interest in the alternative energy sector and its development, which may affect the activities of the oil and gas sector.

Analysis N°5

Likewise, government regulations and their intensification may also affect the profitability of this group.

Analysis N°6

You'll also need to keep an eye on the strong and aggressive competition in this sector of activity in the United States and the fluctuations in the market shares of each of these players.

Analysis N°7

Finally, you'll need to follow the annual and quarterly financial results of the company as well as analysts' forecasts and the objectives set by the group.

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General presentation of Apache

Now let's go a little further by focusing on the Apache group and its activities. By acquiring sound knowledge of this company and its sources of income, it will be easier to understand the issues and threats that will arise in the group's future and its ability to face them.

The Apache Corporation group is an American group which operates in the hydrocarbons sector and which is more specifically specialized in the exploration and production of hydrocarbons.

To better understand the group's activities, they can be divided into several divisions according to the percentage of turnover they generate as so:

  • First, the exploration and production of crude oil is arguably Apache's main business area and generates nearly 78.1% of sales with an annual production of 89 million barrels.
  • Next come the exploration and production activities of natural gas which generate 16.3% of the turnover of this company with 9.9 billion m3 per year.
  • Finally, the last of the group's activities is the production of liquefied natural gas which generates 5.6% of the group's turnover with 19.5 million barrels per year.

It's also interesting to understand the geographic distribution of Apache Corporation's activities. This group generates 38.6% of its revenue in the United States, it then affects the Egyptian market of up to 39.2%, Canada of up to 3.9% and the rest of the world 18.3%.

Analysis of Apache share price
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The major competitors of Apache

Let's move on to a broader vision of the sector of activity in which the Apache Corporation group operates with a presentation of the various competitors of the company, particularly in the United States.

Pioneer Natural Resources

This American company specializes in the extraction of hydrocarbons and in particular in the field of shale gas in direct competition with oil. This group recently bought the Parsley Energy group for $ 4.5 billion.

Devon Energy

This other American is also known as the largest independent oil and gas producer in the United States. Its activities are mainly based in this country but the group is also present to a lesser extent on the Chinese, Brazilian and Azerbaijan markets.

EOG Resources

This other American energy company is engaged in hydrocarbon exploration and is based in Delaware. This company was classified as the 337th largest company in the world in 2020 according to the Forbes Global 2000.

ConocoPhillips

Of course, the ConocoPhillips group is a major competitor of Apache Corporation, which specializes in extracting, transporting and processing petroleum. This company is also in charge of operating a network of service stations in several countries, including the United States.

Occidental Petroleum Corporation

This other American company in the oil and gas sector is present in the United States, the Middle East, North Africa and South America at the same time.


The major partners of Apache

After getting acquainted with the different competitors of the Apache Corporation, we suggest you check out its most important partners. Apache regularly sets up strategic partnerships with other companies and here are two tangible examples:

Total 

First, very recently, in 2020, the Apache Corporation collaborated with the French oil group Total regarding oil field exploration. The two entities were able to jointly make a significant new discovery on the Sapakara West-1 prospect of block 58 off Suriname. The well was drilled in a water depth of 1000 meters and encountered a column of 79 meters net of high quality volatile oil and condensate in superimposed Upper Cretaceous Campanian and Santonian reservoirs of good quality. Bear in mind that additional tests were then carried out in order to better assess the volume of resources and the productivity of this reservoir.

Sinopec

Previously, in 2013, the Apache Corporation group had already signed a major partnership with the Chinese group Sinopec. At that time, the Sinopec group bought a third of the shares of the activities of the Apache group in the oil and gas sector in Egypt for 3.1 billion US dollars. According to the words of the Apache group, this transaction was then Sinopec's first foray into Egypt and that it then relied on the group's experience and capabilities abroad. As a result of this agreement, Sinopec was able to increase its production by 130,000 barrels of oil equivalent per day, or the equivalent of 6.5 million tonnes of oil equivalent per year during the period of high demand.

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Frequently Asked Questions

Who are the major shareholders of the Apache Corporation?

At present, the shareholders of the Apache Corporation group are made up of several major shareholders including Dodge & Cox at 14.8%, The Vanguard Group 11.2%, Davis Selected Advisers 6.12%, SSgA Funds Management 5.16 %, Harris Associates 5.12%, Baillie Gofford 4.90%, Hotchkis & Wiley Capital Management with 4.12%, Orbis Investment Management with 3.45%, Templeton Global Advisors with 3.24% and BlackRock Fund Advisors with 2.72%.

What are the important dates to know about the Apache Corporation?

Several important dates are to be remembered regarding the history of the Apache Corporation group. Remember that the group was created in 1954. In July 2010, the group bought part of the BP group's activities for $ 7 billion. In 2013, Apache was accused of the largest toxic product spill, 9.5 million litters in a virgin forest in northern Canada, which destroyed 42 hectares of forest.

What technical indicators to use to analyse the Apache share?

To carry out a technical analysis of the Apache share, complementary to the fundamental analysis, different technical indicators of trend or volatility can be used. Many popular indicators like MACD, Moving Averages, Support & Resistance, Pivot Points, Bollinger Bands or the RSI Indicator can be applied to Apache Corporation stock price analysis and can be used in the analysis of the Apache Corporation stock price and moreover, be displayed directly on the graphs.

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