We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Has APA (APA) Outpaced Other Oils-Energy Stocks This Year?
Read MoreHide Full Article
Investors interested in Oils-Energy stocks should always be looking to find the best-performing companies in the group. Has APA (APA - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
APA is one of 255 individual stocks in the Oils-Energy sector. Collectively, these companies sit at #1 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. APA is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for APA's full-year earnings has moved 26% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the most recent data, APA has returned 83.2% so far this year. In comparison, Oils-Energy companies have returned an average of 31.6%. This shows that APA is outperforming its peers so far this year.
Another Oils-Energy stock, which has outperformed the sector so far this year, is Antero Resources (AR - Free Report) . The stock has returned 233.6% year-to-date.
The consensus estimate for Antero Resources' current year EPS has increased 8.6% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
To break things down more, APA belongs to the Oil and Gas - Exploration and Production - United States industry, a group that includes 43 individual companies and currently sits at #15 in the Zacks Industry Rank. On average, this group has gained an average of 100.9% so far this year, meaning that APA is slightly underperforming its industry in terms of year-to-date returns. Antero Resources is also part of the same industry.
Going forward, investors interested in Oils-Energy stocks should continue to pay close attention to APA and Antero Resources as they could maintain their solid performance.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Has APA (APA) Outpaced Other Oils-Energy Stocks This Year?
Investors interested in Oils-Energy stocks should always be looking to find the best-performing companies in the group. Has APA (APA - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
APA is one of 255 individual stocks in the Oils-Energy sector. Collectively, these companies sit at #1 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. APA is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for APA's full-year earnings has moved 26% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the most recent data, APA has returned 83.2% so far this year. In comparison, Oils-Energy companies have returned an average of 31.6%. This shows that APA is outperforming its peers so far this year.
Another Oils-Energy stock, which has outperformed the sector so far this year, is Antero Resources (AR - Free Report) . The stock has returned 233.6% year-to-date.
The consensus estimate for Antero Resources' current year EPS has increased 8.6% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
To break things down more, APA belongs to the Oil and Gas - Exploration and Production - United States industry, a group that includes 43 individual companies and currently sits at #15 in the Zacks Industry Rank. On average, this group has gained an average of 100.9% so far this year, meaning that APA is slightly underperforming its industry in terms of year-to-date returns. Antero Resources is also part of the same industry.
Going forward, investors interested in Oils-Energy stocks should continue to pay close attention to APA and Antero Resources as they could maintain their solid performance.