Home » Bear Case Scenario » Bear Case Scenario Apache Corporation $APA, $COP, $XOM, $OIL, $GAS, $CEO, $OXY, $BRGXF, $CTLR

Bear Case Scenario Apache Corporation $APA, $COP, $XOM, $OIL, $GAS, $CEO, $OXY, $BRGXF, $CTLR

Apache Corporation (NYSE:APA) is about to release earnings results. Ponder this Bear Case Scenario:

Political risks abound with foreign exploration. Exposure in Egypt is just an example of how out of control and un-manageable these risks are.

Deepwater drilling has its own set of very real risks. Not to mention long lead times and enormous capex requirements.

The recent $18 Billion spending spree has given Apache a lot to digest. Gulf of Mexico uncertainties abound with risk.

George Gutowski writes from a caveat emptor perspective.