Refineries make Chevron the better choice

The slowing global economy continues to weigh on oil prices. That, in turn, has hurt the stock prices of oil producers.
We still advise investors to maintain some exposure to oil. For new buying, however, we prefer integrated producers like Chevron over exploration firms like Apache… Read More

Apache ready to offset lower prices

APACHE CORP. $27 (New York symbol APA; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 375.9 million; Market cap: $10.1 billion; Price-to-sales ratio: 1.4; Dividend yield: 3.7%; TSINetwork Rating: Average; www.apachecorp.com) produces oil and natural gas from properties in the U.S., Egypt and the U.K.
Due to weaker crude… Read More

Output to rise despite spending cut

APACHE CORP. $34 (New York symbol APA; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 379.5 million; Market cap: $12.9 billion; Price-to-sales ratio: 1.8; Dividend yield: 3.0%; TSINetwork Rating: Average; www.apachecorp.com) produces oil and natural gas from properties in the U.S., Egypt and the U.K.
Due to weaker crude… Read More