Apache Corp. - S&P Credit Research

Apache Corp.

2791 words — Published Nov 30, 2012
Price $400.00  |  Buy this Report Now

About This Report

  
Abstract:

Large, well-diversified reserve base. Several large international projects that enhance long-term reserve and production growth prospects. Favorable historical trends in reserve replacement and production growth. A modest financial risk profile and historically conservative financial policy. Participation in the highly cyclical exploration and production sector of the oil and gas industry. Periodic acquisitions to supplement organic growth. A weak intermediate-term outlook for natural gas prices. The ratings on Houston-based independent exploration and production (E&P) firm Apache Corp. reflect our assessment of the company's "strong" business risk and "modest" financial risk profiles. The ratings incorporate the company's large, geographically diversified reserve base, balanced exposure to natural gas and crude oil, and favorable multiyear reserve replacement and production trends. Standard&Poor's Ratings

  
Brief Excerpt:

RESEARCH Ratings Definitions PDF Apache Corp. Publication date: 30-Nov-2012 Primary Credit Analyst: Lawrence A Wilkinson, New York (1) 212-438-1882; lawrence_wilkinson@standardandpoors.com Secondary Contact: Carin Dehne-Kiley, CFA,...

  
Report Type:

Full Report

Ticker
Issuer
GICS
Oil & Gas Exploration & Production (10102020)
Sector
Global Issuers , Structured Finance
Country
Region
Format:
HTML HTML
Buy Now

Apache Corp. – 2013/05/13 – $400.00

Summary: Apache Corp. – 2013/05/13 – $175.00

Summary: Apache Corp. – 2012/11/30 – $175.00

Summary: Apache Corp. – 2012/11/27 – $175.00

Summary: Apache Corp. – 2012/05/30 – $175.00

More from S&P Credit Research

S&P Credit Research—S&P Credit Research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Credit Research. "Apache Corp." Nov 30, 2012. Alacra Store. Apr 24, 2014. <http://www.alacrastore.com/s-and-p-credit-research/Apache-Corp-1043171>
  
APA:
S&P Credit Research. (). Apache Corp. Nov 30, 2012. New York, NY: Alacra Store. Retrieved Apr 24, 2014 from <http://www.alacrastore.com/s-and-p-credit-research/Apache-Corp-1043171>
  
$400.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Residential Mortgage-Backed Securities from one place.