Monday, January 19, 2015

5 Best Logistics Stocks To Buy Right Now

5 Best Logistics Stocks To Buy Right Now: Apache Corporation(APA)

Apache Corporation, together with its subsidiaries, engages in the exploration, development, and production of natural gas, crude oil, and natural gas liquids. The company has exploration and production interests in the Gulf of Mexico, the Gulf Coast, east Texas, the Permian basin, the Anadarko basin, and the Western Sedimentary basin of Canada; and onshore Egypt, offshore Western Australia, offshore the United Kingdom in the North Sea, and onshore Argentina, as well as on the Chilean side of the island of Tierra del Fuego. Apache Corporation sells its natural gas to local distribution companies, utilities, end-users, integrated oil and gas companies, and marketers; and crude oil to integrated oil companies, marketing and transportation companies, and refiners. As of December 31, 2009, it had total estimated proved reserves of 1,067 million barrels of crude oil, condensate, and natural gas liquids, as well as 7.8 trillion cubic feet of natural gas. The company was founded in 1954 and is based in Houston, Texas.

Advisors' Opinion:
  • [By Vera Yuan]

    The Partners Value Fund's Investor Class returned -1.4% in the third calendar quarter, compared to a +1.1% return for the S&P 500 and flat results for the Russell 3000. The largest companies were generally the strongest performers in the third quarter, most notably Microsoft (MSFT) (+12%), Berkshire Hathaway (BRK.B) (+9%) and Valeant Pharmaceuticals (VRX) (+4%) for our Fund. Conversely, small cap stocks fell sharply in July and again in September, with the Russell 2000 index finishing down 7.4% for the quarter. While smaller companies account for approximately 10% of our net assets, these stocks drove most of the Fund's quarterly decline. Iconix Brand Group (ICON) (-14%), Redwood Trust (RWT) (-14%) and Interval Leisure Group (IILG) (-13%) were the primary! small cap detractors. Energy holdings Range Resources (RRC) (-22%) and Apache (APA) (-6%) also impacted results as natural gas and oil prices dropped. We remain optimistic on the long-term outlooks for all five of these stocks, which trade at moderate to large discounts to our business value estimates.

  • [By Tim Biggam]

    Apache (NYSE: APA) shares were last down 1.6 percent, while Chesapeake Energy (NYSE: CHK) was down 1.11 percent.

    Posted-In: News Commodities Markets

  • [By Arjun Sreekumar]

    In an effort to reduce debt and focus on its most profitable North American onshore operations, Houston-based Apache (NYSE: APA  ) has divested more than $8 billion worth of assets over the past year, including assets in the Gulf of Mexico shelf, a third of its stake in its Egyptian operations, natural gas assets in Canada, and all of its energy assets in Argentina. But the company is still not satisfied, recently announcing another major sale in the Gulf of Mexico.

  • source from Top Stocks For 2015:

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