Oil prices and a surprise announcement from an environmental group sent shares downward.
News & Analysis: Apache
Two factors sank the oil and gas company’s stock last month.
Industry trends and an overall stock-market slump conspired to make the oil and gas driller underperform.
Investors didn’t like to see that the oil giant plans go against the grain next year.
The entire industry had a good month, but these beaten-down drillers topped the list.
Earnings, analysts, asset sales, and OPEC combined to fuel a big month for the oil producer.
The oil driller was riding the euphoria from Alpine High last month.
Oil and analysts provided the catalysts last month.