Monday, May 3, 2010

Learn From Apache's Success

Here is a second piece this morning:
http://stocks.investopedia.com/stock-analysis/2010/Learn-From-Apaches-Success-APA-DVN-SU-UPL-XOM0503.aspx

Mid-major energy company Apache (NYSE:APA) is a curious case of collective amnesia in the professional investment world. Even though Apache has more than proven itself as among the best of the best, it seems as though the company is often questioned, doubted and discounted by analysts and investors.

I mean, if you look at stock performance over the last 15 years, Apache is well ahead of rivals like Anadarko (NYSE:APC), Devon (NYSE:DVN) and Canadian Natural (NYSE:CNQ), and trails only Suncor (NYSE:SU) and EOG (NYSE:EOG) among those in its "weight class". Maybe you would think that that sort of record would earn management the benefit of the doubt.

For the rest of the story:

http://stocks.investopedia.com/stock-analysis/2010/Learn-From-Apaches-Success-APA-DVN-SU-UPL-XOM0503.aspx

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