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Enter Symbol:
Rating: APA
Buy $79

Apache Corporation (NYSE: APA) reiterated to Buy with price target $79 by Argus

Wednesday,  Mar 4, 2015  8:25 AM ET by Lynn Gilbert

Argus reiterated Apache Corporation (NYSE: APA) to Buy with price target $79.
Previously, Argus rated Apache Corporation (NYSE: APA) to Buy with price target $112 on 09/19/2014, when the stock price was valued at $97.62.

Apache Corporation is an independent energy company that explores for, develops and produces natural gas, crude oil and natural gas liquids. In North America, Apache's exploration and production interests are focused on the Gulf of Mexico, the Anadarko Basin, the Permian Basin, the Gulf Coast and the Western Sedimentary Basin of Canada. Outside of North America, Apache has exploration and production interests offshore Western Australia and in Egypt, and exploration interests in Poland and offshore The People's Republic of China.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system



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