These ventures are expected to contribute immensely to Apache in setting up a strong foothold in the rapidly growing global liquefied natural gas (LNG) market. Apache - which partners Chevron Corporation ( CVX ) in another Australian natural gas venture, Wheatstone Project - currently retains a Zacks #3 Rank (short-term Hold rating). However, Apache's sensitivity to gas/oil price volatility, its drilling results, inflationary cost conditions, geo-political risks and project timing delays continue to be an overhang on the stock.