Intrinsic value of Apache Corporation - APA

Previous Close

$21.97

  Intrinsic Value

$14.26

stock screener

  Rating & Target

sell

-35%

Previous close

$21.97

 
Intrinsic value

$14.26

 
Up/down potential

-35%

 
Rating

sell

We calculate the intrinsic value of APA stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

STOCK VALUATION INPUT DATA

Revenue (in 0001), $M
Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Variable cost ratio, %
Fixed operating expenses, $M
Interest rate on debt, %
Effective corporate tax rate, %
Production assets / Revenue, %
Life of production assets, yrs
Working capital / Revenue, %
Revenue / Adjusted assets
Adjusted equity ratio
Cash flow adjustment, % of Revenue
Book value of equity, $M
Shares outstanding, mln
Market capitalization, $bln 8.2

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
   2
   3
   4
   5
   6
   7
   8
   9
   10
   11
   12
   13
   14
   15
   16
   17
   18
   19
   20
   21
   22
   23
   24
   25
   26
   27
   28
   29
   30
   31

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  3.80
  3.92
  4.03
  4.13
  4.21
  4.29
  4.36
  4.43
  4.48
  4.54
  4.58
  4.62
  4.66
  4.69
  4.73
  4.75
  4.78
  4.80
  4.82
  4.84
  4.85
  4.87
  4.88
  4.89
  4.90
  4.91
  4.92
  4.93
  4.94
  4.94
Revenue, $m
  7,627
  7,926
  8,245
  8,586
  8,947
  9,331
  9,738
  10,169
  10,625
  11,107
  11,616
  12,153
  12,720
  13,317
  13,946
  14,609
  15,307
  16,042
  16,815
  17,628
  18,484
  19,384
  20,330
  21,325
  22,371
  23,470
  24,625
  25,839
  27,115
  28,456
Variable operating expenses, $m
  4,592
  4,772
  4,964
  5,169
  5,386
  5,617
  5,862
  6,122
  6,396
  6,687
  6,993
  7,316
  7,657
  8,017
  8,396
  8,795
  9,215
  9,657
  10,122
  10,612
  11,127
  11,669
  12,239
  12,838
  13,467
  14,129
  14,824
  15,555
  16,323
  17,130
Fixed operating expenses, $m
  1,631
  1,667
  1,704
  1,741
  1,779
  1,819
  1,859
  1,900
  1,941
  1,984
  2,028
  2,072
  2,118
  2,164
  2,212
  2,261
  2,310
  2,361
  2,413
  2,466
  2,521
  2,576
  2,633
  2,691
  2,750
  2,810
  2,872
  2,935
  3,000
  3,066
Total operating expenses, $m
  6,223
  6,439
  6,668
  6,910
  7,165
  7,436
  7,721
  8,022
  8,337
  8,671
  9,021
  9,388
  9,775
  10,181
  10,608
  11,056
  11,525
  12,018
  12,535
  13,078
  13,648
  14,245
  14,872
  15,529
  16,217
  16,939
  17,696
  18,490
  19,323
  20,196
Operating income, $m
  1,405
  1,488
  1,578
  1,676
  1,782
  1,895
  2,017
  2,148
  2,288
  2,437
  2,596
  2,765
  2,945
  3,136
  3,338
  3,554
  3,782
  4,023
  4,279
  4,550
  4,836
  5,139
  5,459
  5,797
  6,154
  6,531
  6,929
  7,349
  7,792
  8,259
EBITDA, $m
  3,908
  4,090
  4,285
  4,494
  4,719
  4,958
  5,214
  5,486
  5,775
  6,083
  6,409
  6,754
  7,120
  7,507
  7,916
  8,349
  8,806
  9,289
  9,799
  10,336
  10,904
  11,502
  12,132
  12,797
  13,497
  14,235
  15,012
  15,831
  16,693
  17,600
Interest expense (income), $m
  413
  468
  501
  534
  570
  608
  649
  692
  738
  786
  837
  891
  949
  1,009
  1,073
  1,140
  1,210
  1,285
  1,363
  1,446
  1,533
  1,624
  1,720
  1,821
  1,927
  2,039
  2,157
  2,280
  2,410
  2,546
  2,690
Earnings before tax, $m
  937
  987
  1,044
  1,106
  1,173
  1,246
  1,325
  1,410
  1,501
  1,599
  1,704
  1,816
  1,936
  2,063
  2,199
  2,343
  2,497
  2,660
  2,833
  3,017
  3,212
  3,419
  3,638
  3,869
  4,115
  4,374
  4,649
  4,939
  5,246
  5,570
Tax expense, $m
  253
  267
  282
  299
  317
  337
  358
  381
  405
  432
  460
  490
  523
  557
  594
  633
  674
  718
  765
  815
  867
  923
  982
  1,045
  1,111
  1,181
  1,255
  1,334
  1,416
  1,504
Net income, $m
  684
  721
  762
  807
  857
  910
  967
  1,029
  1,096
  1,167
  1,244
  1,326
  1,413
  1,506
  1,605
  1,711
  1,823
  1,942
  2,068
  2,203
  2,345
  2,496
  2,655
  2,825
  3,004
  3,193
  3,394
  3,605
  3,829
  4,066

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  22,433
  23,312
  24,251
  25,252
  26,316
  27,445
  28,642
  29,910
  31,251
  32,668
  34,165
  35,744
  37,410
  39,167
  41,018
  42,967
  45,020
  47,181
  49,455
  51,848
  54,364
  57,011
  59,794
  62,721
  65,797
  69,030
  72,428
  75,998
  79,751
  83,693
Adjusted assets (=assets-cash), $m
  22,433
  23,312
  24,251
  25,252
  26,316
  27,445
  28,642
  29,910
  31,251
  32,668
  34,165
  35,744
  37,410
  39,167
  41,018
  42,967
  45,020
  47,181
  49,455
  51,848
  54,364
  57,011
  59,794
  62,721
  65,797
  69,030
  72,428
  75,998
  79,751
  83,693
Revenue / Adjusted assets
  0.340
  0.340
  0.340
  0.340
  0.340
  0.340
  0.340
  0.340
  0.340
  0.340
  0.340
  0.340
  0.340
  0.340
  0.340
  0.340
  0.340
  0.340
  0.340
  0.340
  0.340
  0.340
  0.340
  0.340
  0.340
  0.340
  0.340
  0.340
  0.340
  0.340
Average production assets, $m
  18,778
  19,514
  20,300
  21,138
  22,028
  22,974
  23,976
  25,037
  26,159
  27,346
  28,599
  29,921
  31,316
  32,786
  34,335
  35,967
  37,685
  39,494
  41,398
  43,401
  45,507
  47,723
  50,053
  52,502
  55,077
  57,783
  60,628
  63,617
  66,758
  70,058
Working capital, $m
  -84
  -87
  -91
  -94
  -98
  -103
  -107
  -112
  -117
  -122
  -128
  -134
  -140
  -146
  -153
  -161
  -168
  -176
  -185
  -194
  -203
  -213
  -224
  -235
  -246
  -258
  -271
  -284
  -298
  -313
Total debt, $m
  8,782
  9,371
  10,000
  10,671
  11,383
  12,140
  12,942
  13,792
  14,690
  15,640
  16,642
  17,701
  18,817
  19,994
  21,234
  22,540
  23,915
  25,363
  26,887
  28,490
  30,176
  31,950
  33,814
  35,775
  37,836
  40,002
  42,279
  44,671
  47,185
  49,826
Total liabilities, $m
  15,030
  15,619
  16,248
  16,919
  17,631
  18,388
  19,190
  20,040
  20,938
  21,888
  22,890
  23,949
  25,065
  26,242
  27,482
  28,788
  30,163
  31,611
  33,135
  34,738
  36,424
  38,198
  40,062
  42,023
  44,084
  46,250
  48,527
  50,919
  53,433
  56,074
Total equity, $m
  7,403
  7,693
  8,003
  8,333
  8,684
  9,057
  9,452
  9,870
  10,313
  10,780
  11,274
  11,796
  12,345
  12,925
  13,536
  14,179
  14,857
  15,570
  16,320
  17,110
  17,940
  18,814
  19,732
  20,698
  21,713
  22,780
  23,901
  25,079
  26,318
  27,619
Total liabilities and equity, $m
  22,433
  23,312
  24,251
  25,252
  26,315
  27,445
  28,642
  29,910
  31,251
  32,668
  34,164
  35,745
  37,410
  39,167
  41,018
  42,967
  45,020
  47,181
  49,455
  51,848
  54,364
  57,012
  59,794
  62,721
  65,797
  69,030
  72,428
  75,998
  79,751
  83,693
Debt-to-equity ratio
  1.190
  1.220
  1.250
  1.280
  1.310
  1.340
  1.370
  1.400
  1.420
  1.450
  1.480
  1.500
  1.520
  1.550
  1.570
  1.590
  1.610
  1.630
  1.650
  1.670
  1.680
  1.700
  1.710
  1.730
  1.740
  1.760
  1.770
  1.780
  1.790
  1.800
Adjusted equity ratio
  0.330
  0.330
  0.330
  0.330
  0.330
  0.330
  0.330
  0.330
  0.330
  0.330
  0.330
  0.330
  0.330
  0.330
  0.330
  0.330
  0.330
  0.330
  0.330
  0.330
  0.330
  0.330
  0.330
  0.330
  0.330
  0.330
  0.330
  0.330
  0.330
  0.330

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  684
  721
  762
  807
  857
  910
  967
  1,029
  1,096
  1,167
  1,244
  1,326
  1,413
  1,506
  1,605
  1,711
  1,823
  1,942
  2,068
  2,203
  2,345
  2,496
  2,655
  2,825
  3,004
  3,193
  3,394
  3,605
  3,829
  4,066
Depreciation, amort., depletion, $m
  2,504
  2,602
  2,707
  2,818
  2,937
  3,063
  3,197
  3,338
  3,488
  3,646
  3,813
  3,989
  4,175
  4,371
  4,578
  4,796
  5,025
  5,266
  5,520
  5,787
  6,068
  6,363
  6,674
  7,000
  7,344
  7,704
  8,084
  8,482
  8,901
  9,341
Funds from operations, $m
  3,188
  3,322
  3,469
  3,626
  3,794
  3,973
  4,164
  4,368
  4,584
  4,814
  5,057
  5,315
  5,588
  5,877
  6,183
  6,506
  6,847
  7,208
  7,588
  7,989
  8,412
  8,859
  9,329
  9,825
  10,347
  10,898
  11,477
  12,088
  12,730
  13,407
Change in working capital, $m
  -3
  -3
  -4
  -4
  -4
  -4
  -4
  -5
  -5
  -5
  -6
  -6
  -6
  -7
  -7
  -7
  -8
  -8
  -9
  -9
  -9
  -10
  -10
  -11
  -12
  -12
  -13
  -13
  -14
  -15
Cash from operations, $m
  3,191
  3,326
  3,472
  3,629
  3,798
  3,977
  4,169
  4,372
  4,589
  4,819
  5,063
  5,321
  5,595
  5,884
  6,190
  6,513
  6,855
  7,216
  7,597
  7,998
  8,422
  8,869
  9,340
  9,836
  10,359
  10,910
  11,490
  12,101
  12,744
  13,422
Maintenance CAPEX, $m
  -2,412
  -2,504
  -2,602
  -2,707
  -2,818
  -2,937
  -3,063
  -3,197
  -3,338
  -3,488
  -3,646
  -3,813
  -3,989
  -4,175
  -4,371
  -4,578
  -4,796
  -5,025
  -5,266
  -5,520
  -5,787
  -6,068
  -6,363
  -6,674
  -7,000
  -7,344
  -7,704
  -8,084
  -8,482
  -8,901
New CAPEX, $m
  -688
  -736
  -786
  -837
  -890
  -945
  -1,002
  -1,061
  -1,123
  -1,186
  -1,253
  -1,322
  -1,395
  -1,470
  -1,549
  -1,632
  -1,718
  -1,809
  -1,904
  -2,003
  -2,107
  -2,216
  -2,330
  -2,449
  -2,575
  -2,706
  -2,844
  -2,989
  -3,141
  -3,300
Cash from investing activities, $m
  -3,100
  -3,240
  -3,388
  -3,544
  -3,708
  -3,882
  -4,065
  -4,258
  -4,461
  -4,674
  -4,899
  -5,135
  -5,384
  -5,645
  -5,920
  -6,210
  -6,514
  -6,834
  -7,170
  -7,523
  -7,894
  -8,284
  -8,693
  -9,123
  -9,575
  -10,050
  -10,548
  -11,073
  -11,623
  -12,201
Free cash flow, $m
  91
  86
  84
  85
  89
  95
  103
  114
  128
  145
  164
  186
  211
  238
  269
  304
  341
  382
  427
  476
  528
  585
  647
  713
  784
  860
  941
  1,028
  1,121
  1,221
Issuance/(repayment) of debt, $m
  578
  589
  629
  670
  713
  757
  802
  849
  898
  950
  1,003
  1,058
  1,116
  1,177
  1,240
  1,306
  1,375
  1,448
  1,524
  1,603
  1,686
  1,773
  1,865
  1,961
  2,061
  2,166
  2,277
  2,392
  2,514
  2,641
Issuance/(repurchase) of shares, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash from financing (excl. dividends), $m  
  578
  589
  629
  670
  713
  757
  802
  849
  898
  950
  1,003
  1,058
  1,116
  1,177
  1,240
  1,306
  1,375
  1,448
  1,524
  1,603
  1,686
  1,773
  1,865
  1,961
  2,061
  2,166
  2,277
  2,392
  2,514
  2,641
Total cash flow (excl. dividends), $m
  669
  675
  713
  756
  802
  851
  906
  964
  1,027
  1,094
  1,167
  1,244
  1,327
  1,415
  1,509
  1,610
  1,717
  1,830
  1,951
  2,079
  2,215
  2,359
  2,511
  2,673
  2,845
  3,026
  3,218
  3,421
  3,635
  3,862
Retained Cash Flow (-), $m
  -273
  -290
  -310
  -330
  -351
  -373
  -395
  -418
  -443
  -468
  -494
  -521
  -550
  -580
  -611
  -643
  -677
  -713
  -750
  -790
  -831
  -873
  -918
  -966
  -1,015
  -1,067
  -1,121
  -1,178
  -1,238
  -1,301
Prev. year cash balance distribution, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash available for distribution, $m
  396
  385
  404
  425
  450
  479
  510
  546
  584
  626
  673
  723
  777
  836
  899
  966
  1,039
  1,117
  1,200
  1,289
  1,384
  1,485
  1,593
  1,708
  1,829
  1,959
  2,096
  2,242
  2,397
  2,561
Discount rate, %
  5.50
  5.78
  6.06
  6.37
  6.69
  7.02
  7.37
  7.74
  8.13
  8.53
  8.96
  9.41
  9.88
  10.37
  10.89
  11.43
  12.01
  12.61
  13.24
  13.90
  14.59
  15.32
  16.09
  16.89
  17.74
  18.62
  19.56
  20.53
  21.56
  22.64
PV of cash for distribution, $m
  375
  344
  338
  332
  326
  319
  310
  300
  289
  276
  262
  246
  228
  210
  191
  171
  151
  132
  113
  95
  79
  65
  52
  40
  31
  23
  17
  12
  8
  6
Current shareholders' claim on cash, %
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0

Apache Corporation is an independent energy company. The Company explores for, develops, and produces natural gas, crude oil and natural gas liquids. The Company’s production segments include: the United States, Egypt and the United Kingdom North Sea. It also pursues exploration interests in Suriname. In North America, the Company has three onshore regions: The Permian region, The Midcontinent/Gulf Coast region. The Permian region located in West Texas and New Mexico includes the Permian sub-basins, the Midland Basin, Central Basin Platform/Northwest Shelf and Delaware Basin. The Midcontinent/Gulf Coast region includes the Granite Wash, Tonkawa, Canyon Lime, Marmaton, and Cleveland formations of the West Anadarko Basin, the Woodford-SCOOP and Stack plays located in Central Oklahoma, and the Eagle Ford shale in South East Texas.

FINANCIAL RATIOS  of  Apache Corporation (APA)

Valuation Ratios
P/E Ratio -5.9
Price to Sales 1.6
Price to Book 1.3
Price to Tangible Book
Price to Cash Flow 3.4
Price to Free Cash Flow 12.6
Growth Rates
Sales Growth Rate -19.3%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate -60.2%
Cap. Spend. - 3 Yr. Gr. Rate -28%
Financial Strength
Quick Ratio NaN
Current Ratio 0
LT Debt to Equity 137%
Total Debt to Equity 137%
Interest Coverage -3
Management Effectiveness
Return On Assets -4.6%
Ret/ On Assets - 3 Yr. Avg. -12.6%
Return On Total Capital -9%
Ret/ On T. Cap. - 3 Yr. Avg. -20.3%
Return On Equity -19.9%
Return On Equity - 3 Yr. Avg. -33.1%
Asset Turnover 0.2
Profitability Ratios
Gross Margin 72%
Gross Margin - 3 Yr. Avg. 75.5%
EBITDA Margin 25.3%
EBITDA Margin - 3 Yr. Avg. -15.6%
Operating Margin -31.5%
Oper. Margin - 3 Yr. Avg. -79.2%
Pre-Tax Margin -31.5%
Pre-Tax Margin - 3 Yr. Avg. -79.2%
Net Profit Margin -26.3%
Net Profit Margin - 3 Yr. Avg. -75.1%
Effective Tax Rate 26.3%
Eff/ Tax Rate - 3 Yr. Avg. 3.7%
Payout Ratio -27%

APA stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the APA stock intrinsic value calculation we used $7348 million for the last fiscal year's total revenue generated by Apache Corporation. The default revenue input number comes from 0001 income statement of Apache Corporation. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our APA stock valuation model: a) initial revenue growth rate of 3.8% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 5.5%, whose default value for APA is calculated based on our internal credit rating of Apache Corporation, is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of Apache Corporation.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of APA stock the variable cost ratio is equal to 60.2%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $1596 million in the base year in the intrinsic value calculation for APA stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 5.7% for Apache Corporation.

Corporate tax rate of 27% is the nominal tax rate for Apache Corporation. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the APA stock is equal to 0%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for APA are equal to 246.2%.

Life of production assets of 7.5 years is the average useful life of capital assets used in Apache Corporation operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for APA is equal to -1.1%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $7130 million for Apache Corporation - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 375.327 million for Apache Corporation is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of Apache Corporation at the current share price and the inputted number of shares is $8.2 billion.

RELATED COMPANIES Price Int.Val. Rating
BHP BHP Group Limi 49.98 102.39  str.buy
CNQ Canadian Natur 24.39 5.17  str.sell

CONTACT US      

About X-FIN       Privacy policy       Terms of use      

Copyright © X-FIN.com 2005-2019. All rigths reserved.