Can Apache Corp. (NYSE:APA) Show Upward Trend after Earnings?

Apache Corp. (NYSE:APA) moved up 1.82% and closed its last trading session at $62.55. This Oils-Energy Sector stock currently has the Market Capitalization of 23.89 Billion. The Average Volume for the stock is measured as 3.22 Million. The Stock has a 52-Week High of $69 and 52-Week Low of $33.23 following the dates, it touched its 52-Week High on Dec 12, 2016 and 52-Week Low on Feb 11, 2016. Currently, the Return on Assets value for the trailing twelve months is -37.2% with the Return on Equity and Return on Investment of -143.5% and -137% respectively. This firm currently has YTD (year to date) performance of -1.06 Percent which is not good. The Short Ratio for the stock is 6.35.

Apache Corp. (NYSE:APA) Price to Earnings (P/E) ratio is 0. EPS or Earning per Share stands at $-22.72. The TTM operating margin is 0 percent.

Apache Corp. (NYSE:APA) reports its Earnings on Thu 23 Feb (In 28 Days). The estimated EPS for the current quarter is said to be $0.1. Following Earnings result, share price were DOWN 16 times out of last 28 Qtrs. The stock has added about 3.3% since it reported its last earnings. The Closing price of Apache Corp. (NYSE:APA) at Last Earnings was $59.46 as compared to the previous closing price of $61.43. The Predicted Move on the 7th day after Apache Corp. (NYSE:APA) will release its earnings at about 4%.

By Looking at Earnings History, Out of 12 Quarters when the Earnings were reported, Apache Corp. (NYSE:APA) beats earnings by 66%, The Stock Missed Earnings  2  times and has met earnings  2  times.

Earnings History:

We will discuss the past Quarters Earnings below:

Apache Corp. (NYSE:APA) reported its previous quarter on 11/03/2016 where it reported the Actual Earnings of $-0.03. The Closing price before the company posted its earnings was $59.46. The Stock declined on the very next day of earnings and maintained its stock price at $55.52 by showing a % change of -6.63 percent from its previous closing price. The Next Day Volume after Earnings was reported as 8.76 Million. On the 7th day After Earnings Report, the stock hit its share price as $58.02 by showing -2.42% decrease from the Stock price Before Earnings were reported.

On 08/04/2016, the stock reported the EPS of $-0.26 where Analysts were projecting the EPS to be $-0.15 showing a difference of $-0.11. Thus Surprise Factor was there with -73.3 percent. Before Earnings Announcement on 08/04/2016, the firm had its stock price of $51.53. And immediately on the next day after earnings announcement, the stock declined -2.99% and closed its trading session at $49.99. On 7th Day after earnings release, Apache Corp. (NYSE:APA) dropped to -5.71% from $51.53 to $48.59.

On 05/05/2016, Analysts were suspecting EPS of $-0.89/share where Apache Corp. (NYSE:APA) reported its Actual EPS of $-0.83. Thus showing a Surprise of 6.7 percent. The Closing Price of the stock before earnings was $50.3 while on the Next day the stock closed its trading session at $54.36 with a percentage change of 8.07% from the price of 50.3 before Earnings. The Stock Closing Price on the 7th day of earnings was $53.56.

Company Profile:

Apache Corporation, an independent energy company, explores, develops, and produces natural gas, crude oil, and natural gas liquids. It operates onshore and offshore assets primarily in the Permian Basin, the Anadarko basin in western Oklahoma, the Texas Panhandle, and Gulf Coast areas of the United States, as well as in Western Canada and Gulf of Mexico. The company also operates assets in Egypt and the United Kingdom in the North Sea. As of December 31, 2015, it had total estimated proved reserves of 794 million barrels of crude oil, 198 million barrels of natural gas liquids, and 3.4 trillion cubic feet of natural gas. Apache Corporation was founded in 1954 and is based in Houston, Texas.