Thursday, August 16, 2012

Investopedia: Apache Buy Today For Tomorrow's Rewards

So far, 2012 has looked like a year of risk aversion in the energy space. By and large, the bigger you look, the better your returns have been - the stocks of companies like Exxon Mobil (NYSE:XOM) and Chevron (NYSE:CVX) have done pretty well, while companies like Anadarko (NYSE:APC) and Apache (NYSE:APA) have languished by comparison. Although I see that Apache's recent production growth guidance cuts aren't going to make it the hottest property in the space, I still believe that investors ought to consider owning this name for its combination of long-term potential and near-term value.

Continue here:
http://stocks.investopedia.com/stock-analysis/2012/Apache-Buy-Today-For-Tomorrows-Rewards-APA-XOM-CHK-OXY0816.aspx

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