Apache is one of the largest U.S. exploration and production companies, but still has annual production growth above 10%. They have great diversity among gas/oil and international/domestic production. Upside looks significantly greater than what you… More
Same reasoning as before: generic slowdown play. I see OPEC cuts as bearish, not bullish, for the oil complex. Demand shocks are good for prices and profits; supply shocks are only good for OPEC, and sometimes not even then.Re-reentry after gains… More