Apache Corp. (APA) fell -1.26% during last trading as the stock lost $-0.8 to finish the day at $62.47 with about 3.3M shares changing hands, compared to its three month average trading volume of 4.29M. The $23.74B market cap company, which fluctuated between $61.12 and $63.97 during the day, currently situated 96.56% above its 52 week low of $32.2 and -4.97% away from its one year high of $66. The RSI of 57.3 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.
Apache Corporation, an independent energy company, explores, develops, and produces natural gas, crude oil, and natural gas liquids. It operates onshore and offshore assets primarily in the Permian Basin, the Anadarko basin in western Oklahoma, the Texas Panhandle, and Gulf Coast areas of the United States, as well as in Western Canada and Gulf of Mexico. The company also operates assets in Egypt and the United Kingdom in the North Sea. As of December 31, 2015, it had total estimated proved reserves of 794 million barrels of crude oil, 198 million barrels of natural gas liquids, and 3.4 trillion cubic feet of natural gas. Apache Corporation was founded in 1954 and is based in Houston, Texas.
People’s United Financial Inc. (PBCT) dropped $-0.04 to close the day at a new closing price of $18.37, a -0.22% decrease in value from its previous closing price that moved the stock 40.96% above its 52 week low of $13.62. A total of 3.3M shares exchanged hands during the day compared with its three month average trading volume of 3.29M. The stock, currently situated -2.65% below its 52 week high. The stock is up by 14.44% in the past one month and up by 18.23% over the past three months. With a one year target estimate of $15 and RSI of 75.68, the stock still has upside potential, making it a sell for now.
Peoples United Financial, Inc. operates as the bank holding company for Peoples United Bank, National Association that provides commercial banking, retail banking, and wealth management services to individual, corporate, and municipal customers. The company operates in two segments, Commercial Banking and Retail Banking. The Commercial Banking segment offers commercial real estate lending, commercial and industrial lending, and commercial deposit gathering services. This segment also provides equipment financing; cash management, correspondent banking, and municipal banking services; and institutional trust, corporate trust, private banking, and insurance services. The Retail Banking segment offers consumer lending, including residential mortgage and home equity lending; and consumer deposit gathering services. This segment also provides brokerage, financial advisory, investment management, life insurance, and non-institutional trust services. In addition, the company offers online banking, investment trading, and telephone banking services. It operates through a network of 396 branches and 594 ATMs in Connecticut, southeastern New York, Massachusetts, Vermont, New Hampshire, and Maine. Peoples United Financial, Inc. was founded in 1842 and is headquartered in Bridgeport, Connecticut.
ONEOK Inc. (OKE) had a active trading with around 3.28M shares changing hands compared to its three month average trading volume of 1.87M. The stock traded between $52.33 and $53.62 before closing at the price of $53.46 with 1.4% change on the day. The Tulsa Oklahoma 74103 based company is currently trading 204.26% above its 52 week low of $18.84 and 1.14% above its 52 week high of $53.62. Both the RSI indicator and target price of 71.09 and $47.13 respectively, lead us to believe that it could drop over the coming weeks.
ONEOK, Inc., through its general partner interests in ONEOK Partners, L.P., engages in the gathering, processing, storage, and transportation of natural gas in the United States. It operates through the Natural Gas Gathering and Processing, the Natural Gas Liquids, and the Natural Gas Pipelines segments. The company gathers, treats, fractionates, stores, and transports natural gas liquids (NGL), as well as owns natural gas liquids gathering and distribution pipelines, natural gas liquids distribution and refined petroleum products pipelines, and terminal and storage facilities; and operates interstate and intrastate regulated natural gas transmission pipelines and natural gas storage facilities, as well as stores, markets, and distributes NGL products to petrochemical manufacturers, heating fuel users, ethanol producers, refineries, exporters, and propane distributors. It also owns and operates a parking garage in downtown Tulsa, Oklahoma; and leases excess office space to others. ONEOK, Inc. was founded in 1906 and is headquartered in Tulsa, Oklahoma.