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APA Corporation: A Stable Business With Good Potential
APAAPA(APA) Seeking Alpha·2024-09-16 12:51

ugurhan Investment thesis APA Corporation (NASDAQ:APA) - which operates primarily in oil and gas exploration, focusing on key areas like the U.S. (notably the Permian Basin), Egypt, and Suriname - has reached a level where I believe it is a worthy buy for less conservative investors. The company can be bought at a better valuation than before, is underpriced overall compared to its peers, has a trump card in hand in the Suriname project, and even pays a high dividend, while the outlook isn't worse than it w ...