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Re: None

Sunday, 03/24/2013 6:52:43 PM

Sunday, March 24, 2013 6:52:43 PM

Post# of 352
Over the last 52 weeks almost all of the stocks of companies in the oil and gas exploration industry have slumped.

Right now Apache's stock is undervalued, and I would categorize it as being a strong company that has had some temporary setbacks.

Currently Apache's stock is cheap, and could be considered undervalued. Its price to earnings ratio is 15.7 and its price to book ratio is 0.96.

Its forward price to earnings ratio is 7.06. These valuations make it cheaper than competitors, such as:

Anadarko Petroleum (APC), which has a PE ratio of 17.7, a FPE ratio of 16.5 and a PB ratio of 2.05.

EOG Resources (EOG), which has a PE ratio of 62, a FPE ratio of 17 and a PB ratio of 2.7.

With a forward price to earnings ratio of 7.06 its stock is trading at a discount to its five year average of 10.5.

Apache's stock is currently trading at book value versus a median price of two times book value.

The consensus median price target of 27 analysts who covered the stock is $104.72.

Oil & Gas | OTCBB | OTCQB | Pink Sheets

Purely my own opinion. This is not investment advise and do your own due diligence.