Apache Corp Should Lead E&P Firms in Q2 as CAPEX Spending Pays Off

HFA Padded
Hira Shahnawaz Akhtar
Published on
Updated on

Among the North American Independent E&P firms, Apache Corporation (NYSE:APA) is expected to be the leader in terms of EPS. Apache Corporation, according to estimates, is expected to announce an EPS of USD 2.04 for the quarter ending June 30, 2013. This will be a drop of 1.4 percent in EPS over the same period last year but the Houston based firm continues to be the leader in earnings. The 55% of cash flow generated in North America as core for APA, while the strategy looks to be to improve “predictability” by classifying assets as either growth or harvest (cash flow)….

This content is exclusively for paying members of Hedge Fund Alpha

Log In

Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha

Don’t have an account?

Subscribe now and get 7 days free!

HFA Padded

Hira is a financial analyst whose expertise lies in commodity and other financial markets. Hira is currently an independent financial consultant and is working with many international firms like American Arab Solutions (AAS). She has previously served as a Senior Research Analyst at Alternate Research (Pvt.) Ltd. as the Team Leader for the International Equities Research. She has also worked as an equities analyst of Pakistani E&P stocks at Invest Capital Markets. She has experience in business development and conducting feasibility studies in commodity markets, specifically in sugar, palm oil and canola oilseeds. She has cleared all three levels of her CFA (Chartered Financial Analyst) and has an undergraduate degree in Finance.