Hot Oil Stocks To Own For 2015

Hot Oil Stocks To Own For 2015: 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 Vanina Egea]

  A world economy in sincere recovery, with great improving sings, continues to push up the demand for fossil fuel. It is no secret that oil is the one single most important resource for economic growth. That is the simplest argument for the continued U.S. intervention in the Middle East, and increasing Chinese presence in the African continent. Most importantly, a slowdown of the Chinese economy and comparatively slower recovery of the euro zone, have lifted some pressure form explorers and producers. Nonetheless, Obamas visit to Saudi Arabia highlights the importance of securing oil resources. Apache (APA) is one of the most geographically diversified companies, and its prospects for growth deserve to be considered after a year of heavy guru trading.

source from Top Penny Stocks For 2015:http://! www.topstocksforum.com/hot-oil-stocks-to-own-for-2015-2.html