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Tag: Seeking Alpha

Seeking Alpha: Apache Energy – Turnaround and Future Growth

Posted: April 18, 2016 at 10:00 am   /   Oil & Gas

Summary The company has $1.5 billion in cash and a $3.5 billion credit line that does not mature until 2020. Even then it can be extended. The current ratio is nearly two-to-one. Egyptian wells are low cost and provide the means to profitably increase production. North Sea wells are more expensive but also highly profitable. […]

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Seeking Alpha: Why You Should Be Long Apache

Posted: April 13, 2016 at 4:43 pm   /   Oil & Gas

Summary • Apache has recovered impressively this year on the back of operational improvements in its production profile and a slight recovery in oil prices, a trend that will continue. • Apache has achieved substantial cost reductions that have allowed it to achieve positive cash margins across the board on the back of low operating […]

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Seeking Alpha: Egypt's 2 Super-Massive Offshore Natural Gas Developments

Posted: April 7, 2016 at 2:14 pm   /   Oil & Gas

Seeking Alpha’s Callum Turcan provides an overview of natural gas developments in Egypt. Summary Egypt’s oil & gas industry has gotten hammered over the past five years due to civil unrest and a lackluster realized pricing regime deterring foreign investment. Once an energy exporter, Egypt quickly became an energy importer, creating a series of crises […]

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