Replies to post #64 on Apache Corp (APA)

[Timothy Smith]

Analyst Upgrades and Downgrades

On May 7, 2012, Barclays reiterated Overweight rating for the company.

On May 4, 2012, RBC Capital Markets reiterated Sector Perform rating for the company.

On March 6, 2012, Global Hunter Securities initiated Buy rating for the company.

[Timothy Smith]

LNG will provide explosive earnings growth: One of the moves being made by APA management that I really like is that it is increasing production of LNG to meet the rising demand in Asia where prices are as much as eight times the U.S. price.

[Timothy Smith]

The company is trading 26% below its 52 week high and has 27% upside potential based on the analysts' consensus mean target price of $104.50 for the company. Apache was trading Tuesday for $85.25, up almost 1% for the day. I am bullish $APA.

[Timothy Smith]

$APA has been operating a strong portfolio of assets in North America, particularly in the Permian and Anadarko basins that are positioned to deliver considerable production growth.