Shares of Apache Corporation (APA) Sees Large Inflow of Net Money Flow

Apache Corporation (APA) traded with a cut of -0.69 points or -1.15% at $59.13 per share. As per the last available information, the stock aggregated $14.06 million in upticks and $11.87 million in downticks, keeping the net money flow capped at $2.18 million. The up/down ratio was found to be 1.18. For the week, the shares has seen a change of -4.75% in the share price.A block trade of $5.4 million in upticks and $2.74 million in downticks also took place during the day. The up/down ratio for the block stood at 1.97. The net money flow for this transaction was $2.65 million.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Apache Corporation has lost 5.94% in the last five trading days and dropped 8.6% in the last 4 weeks. Apache Corporation has dropped 2.47% during the last 3-month period . Year-to-Date the stock performance stands at -8.6%. Apache Corporation (NYSE:APA) witnessed a decline in the market cap on Wednesday as its shares dropped 3.41% or 2.04 points. After the session commenced at $60.33, the stock reached the higher end at $60.66 while it hit a low of $57.37. With the volume soaring to 5,847,598 shares, the last trade was called at $57.78. The company has a 52-week high of $69. The company has a market cap of $21,923 million and there are 379,429,330 shares in outstanding. The 52-week low of the share price is $33.23.

Company has reported several Insider transactions to the SEC, on Nov 28, 2016, James L House (Sr. Region Vice President) sold 8,000 shares at 63.38 per share price.On Nov 9, 2016, Chansoo Joung (Director) purchased 15,000 shares at 58.02 per share price.On Nov 9, 2016, John E Lowe (director) purchased 2,132 shares at 57.65 per share price.

Apache Corporation Last issued its quarterly earnings results on Nov 3, 2016. The company reported $-0.03 EPS for the quarter, beating the analyst consensus estimate by $ 0.11. Analyst had a consensus of $-0.14. The company had revenue of $1438.00 million for the quarter, compared to analysts expectations of $1379.01 million. The companys revenue was down -5.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.05 EPS.

Apache Corporation is an independent energy company that explores for, develops and produces natural gas, crude oil and natural gas liquids. In North America, Apaches 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 Peoples Republic of China.


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