Oil drillers: You might believe that once you’ve seen one, you’ve seen ’em all.
While that may be true in terms of their business models — find it, extract it cheap, and sell it for more — and their recent performance (not good), there are still some unlikely finds in the oil patch these days. In particular, Apache (NYSE: APA) has some unique features among oil exploration and production companies that could make it a good buy.
Here are three things you might not know about Apache, and why they may help the company outperform its industry peers.