Apache has nearly the same level of hedge fund interest as Chesapeake, and its stock price has risen 3.2% since executives Brady Parish Jr., Charles Pitman and George Lawrence began purchasing shares last November.
Apache is also a high-conviction pick of Boykin Curry, David Dreman and Jim Simons.
On average, Wall Street's consensus is predicting a 22%-23% upside from current levels, and earnings are expected to rise by 35.7% this year.
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