Caiman Valores
Contrarian, long-term horizon, research analyst, value

Apache: Despite Ongoing Performance Issues, Stock Offers Solid Potential Upside For Investors

I recently analyzed Anadarko Petroleum (APC), one of the largest independent global oil and gas explorers and producers. During the course of that analysis I compared Anadarko to its key peers including Apache Corporation (NYSE:APA). During the course of that analysis I noted that Apache had some particularly compelling valuation metrics, which made it appear to be better value than many of its U.S. based peers. In this article I am going to take a closer look at Apache to see how it stacks up against its peers and determine by way of a net-asset-valuation (NAV) methodology whether it is unfairly valued by the market.

Recent Share Price Performance

Apache's share price has performed poorly over...

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