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APA Corporation (APA): A Bull Case Theory

We came across a bullish thesis on APA Corporation on Penny on the Dollar’s Substack. In this article, we will summarize the bulls’ thesis on APA. APA Corporation's share was trading at $26.92 as of February 12th. APA’s trailing and forward P/E were 6.44 and 9.75 respectively according to Yahoo Finance.

[caption id="attachment_519265" align="aligncenter" width="750"] Copyright: 1971yes / 123RF Stock Photo[/caption]

APA Corporation (APA) is a diversified oil and gas producer operating across the Permian Basin, Egypt, the North Sea, and offshore Suriname,...