E Daily Stock Pick: Apache

A portfolio of stocks I've been building since September 3, is named Volio. It will eventually hold 52 dividend dogs. Volio is the fifth portfolio I've built (at a one dividend dog per-week pace) since 2014. Five portfolios = V for Volio!

Today I'm reviewing the fourth of five energy sector stocks striving to join my Volio folio. This could be my twenty-ninth pick for Volio!

That energy sector includes six industries all related to bringing oil and gas to market. They are: drilling, exploration and production (E&P), equipment and services, integrated, midstream, refining & marketing.(Those six oily and gassy enterprises.)

My subject today is a mid-cap oil and gas exploration and production company named, Apache Corp. Their trading ticker symbol is (APA).This is my first report about Apache Corp.

  • Apache Corp is one of the largest independent exploration and production companies in the world. It operates primarily in the U.S., Egypt, the North Sea, and Suriname. As of December 31, 2018, it had total estimated proved reserves of 581 million barrels of crude oil, 234 million barrels of NGLs, and 2.5 trillion cubic feet of natural gas. Apache Corporation was founded in 1954 and is based in Houston, Texas.

I use three key data points to gauge dividend equities or funds like Royal Apache Corp:

(1) Price

(2) Dividends

(3) Returns

Besides these three, several other keys will finally determine if a particular equity or fund is one in which to invest, or not.

These three basic keys, however, best tell whether a company has made, is making, and will make money.

APA Price

Apache's price per share closed at $24.50 Yesterday. A year ago its price was $33.09. So, in the past year its market price fell $8.59, or nearly 26%.

Assuming Apache's stock trades in the range of $20 to $35 this next year, its recent $24.50 price might rise by $5.50 to reach $30.00 by February 27, 2021, assuming upward price momentum comes back.

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Disclaimer:  

This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall ...

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