Apache Corp has had an exceptionally nice growth rate over the last two years, but they have been oscilating in a 5% band the last few weeks since Egypt flared.
Apache Corp has some tie-ins to both
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Same reasoning as before: generic slowdown play. I see OPEC cuts as bearish, not bullish, for the oil complex. Demand shocks are good for prices and profits; supply shocks are only good for OPEC, and
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An independent energy company that explores for, develops and produces natural gas, crude oil and natural gas liquids. Website:http://www.apachecorp.com/
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