APA Corporation (APA)

NASDAQ: APA · Real-Time Price · USD
22.13
+0.21 (0.96%)
At close: Nov 20, 2024, 4:00 PM
22.15
+0.02 (0.09%)
After-hours: Nov 20, 2024, 7:59 PM EST
0.96%
Market Cap 8.19B
Revenue (ttm) 8.96B
Net Income (ttm) 2.22B
Shares Out 369.95M
EPS (ttm) 6.58
PE Ratio 3.36
Forward PE 6.25
Dividend $1.00 (4.52%)
Ex-Dividend Date Oct 22, 2024
Volume 4,352,582
Open 21.95
Previous Close 21.92
Day's Range 21.95 - 22.44
52-Week Range 21.15 - 37.82
Beta 3.24
Analysts Hold
Price Target 32.84 (+48.4%)
Earnings Date Nov 6, 2024

About APA

APA Corporation, an independent energy company, explores for, develops, and produces natural gas, crude oil, and natural gas liquids. It has oil and gas operations in the United States, Egypt, and North Sea. The company also has exploration and appraisal activities in Suriname, as well as holds interests in projects located in Uruguay and internationally. APA Corporation was incorporated in 1954 and is headquartered in Houston, Texas. [Read more]

Sector Energy
Founded 1954
Employees 2,271
Stock Exchange NASDAQ
Ticker Symbol APA
Full Company Profile

Financial Performance

In 2023, APA Corporation's revenue was $8.09 billion, a decrease of -26.16% compared to the previous year's $10.96 billion. Earnings were $2.86 billion, a decrease of -22.29%.

Financial Statements

Analyst Forecast

According to 20 analysts, the average rating for APA stock is "Hold." The 12-month stock price forecast is $32.84, which is an increase of 48.40% from the latest price.

Price Target
$32.84
(48.40% upside)
Analyst Consensus: Hold
Stock Forecasts

News

High Yield Oil And Gas Ranked By Relative Quality

With oil near its one-year low and natural gas near its five-year low, oil and gas producers are on sale; with offering yields over 4%. Thirty-nine energy producers were evaluated by means of a multi-...

Other symbols: BPBSMCHRDCIVICNQCVXDVN
10 days ago - Seeking Alpha

APA Corporation (APA) Q3 2024 Earnings Call Transcript

APA Corporation (NASDAQ:APA) Q3 2024 Earnings Conference Call November 7, 2024 11:00 AM ET Company Participants Gary Clark - Vice President, Investor Relations John Christmann - Chief Executive Offic...

13 days ago - Seeking Alpha

APA Corporation Announces Third-Quarter 2024 Financial and Operational Results

HOUSTON, Nov. 06, 2024 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today announced third-quarter 2024 results. Results can be found on the company's website by visiting www.apacorp.com or invest...

14 days ago - GlobeNewsWire

5 cheap stocks that value manager Bill Nygren likes in this overpriced market

Is the stock market expensive? Not if you know where to look.

Other symbols: CDEGMGOOGGOOGL
14 days ago - Market Watch

APA Corporation Appoints Kenneth Fisher to Board of Directors

HOUSTON, Oct. 28, 2024 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) has announced the appointment of Kenneth M. Fisher to its board of directors.

23 days ago - GlobeNewsWire

Oil Stocks Fall, Travel Shares Rise as Crude Futures Plunge

Shares of companies impacted by the price of oil were among the biggest movers in the S&P 500 Monday as crude futures sank after a weekend retaliatory strike against Iran by Israel didn't hit Iran's o...

23 days ago - Investopedia

APA: Raised Callon Synergies, Margin-Accretive Divestment And Suriname FID Confirm Our Rating

Driven by strong initial progress in well performance and overhead, APA raised its Callon synergy target by 66% to $250MM annually, implying a present value worth ~55% of deal value. Management also c...

27 days ago - Seeking Alpha

APA Corporation Announces Retirement of General Counsel Anthony Lannie and Promotion of David J. Bernal to Vice President Legal

HOUSTON, Oct. 15, 2024 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) announces the retirement of executive vice president and general counsel Anthony Lannie, effective Oct. 9, 2024. David J. Berna...

5 weeks ago - GlobeNewsWire

APA Corporation Provides Third-Quarter 2024 Supplemental Information and Schedules Results Conference Call for November 7 at 10 a.m. Central Time

HOUSTON, Oct. 09, 2024 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today provided supplemental information regarding certain third-quarter 2024 financial and operational results. This informatio...

6 weeks ago - GlobeNewsWire

Apache Corporation Tree Grant Program Announces 2024 Recipients

More than 134,000 trees to be donated across diverse eco-regions in Texas, New Mexico and Louisiana More than 134,000 trees to be donated across diverse eco-regions in Texas, New Mexico and Louisiana

6 weeks ago - GlobeNewsWire

APA Corporation: Oil Patch Value

APA Corporation, formerly Apache, is a mid-sized oil and gas company with operations in the US, Egypt, and North Sea. Major events in 2024 include an acquisition adding production in the Permian Basin...

6 weeks ago - Seeking Alpha

APA Corporation Expands Partnership with Palantir To Leverage AI Technology Across Their Oil and Gas Operations

DENVER--(BUSINESS WIRE)--Palantir Technologies Inc. (NYSE: PLTR), a leading builder of artificial intelligence systems, and APA Corporation (NASDAQ: APA), a leading oil and gas company, today announce...

Other symbols: PLTR
2 months ago - Business Wire

Sept. 13-20 Undercovered Stock Picks: Aura Biosciences, APA Corporation, iTeos, CuriosityStream +

The 'Undercovered' Dozen series highlights 12 undercovered stocks to provide another source for investment ideas and to encourage community discussion. Qurate Retail's losses are mainly due to non-cas...

Other symbols: AURACURI
2 months ago - Seeking Alpha

APA Corporation Declares Cash Dividend on Common Shares

HOUSTON, Sept. 16, 2024 (GLOBE NEWSWIRE) -- The board of directors of APA Corporation (Nasdaq: APA) has declared a regular cash dividend on the company's common shares.

2 months ago - GlobeNewsWire

APA Corporation: A Stable Business With Good Potential

APA Corporation, primarily in oil and gas exploration, is a buy for less conservative investors due to a recent 20-25% share price drop. Positive news includes selling non-core Permian Basin propertie...

2 months ago - Seeking Alpha

APA: Surprisingly Soft Performance (Rating Downgrade)

APA Corporation acquired Callon Petroleum in a $4.5 billion deal earlier this year, looking to enhance scale and production. Despite solid earnings and asset divestment, APA's shares have dropped by a...

2 months ago - Seeking Alpha

It's Likely Time To Buy Oil Stocks

Oil prices are under pressure, but potential production cuts and economic recovery could lead to a bullish outlook, with prices rising to $80-90 by early 2025. Schlumberger, APA Corp., and Hess are to...

Other symbols: HESSLB
2 months ago - Seeking Alpha

APA Announces Agreement for $950 Million Asset Sale of Non-core Properties in the Permian Basin

HOUSTON, Sept. 10, 2024 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) announced today entry into an agreement for the sale of non-core producing properties in the Permian Basin to an undisclosed b...

2 months ago - GlobeNewsWire

Oil producer APA explores $1-billion sale of Permian assets, sources say

APA Corp is exploring the sale of oil and gas drilling properties spread across parts of the Permian basin of Texas and New Mexico, in a deal that could be valued at about $1 billion, people familiar ...

3 months ago - Reuters

APA Corporation (APA) Q2 2024 Earnings Call Transcript

APA Corporation (NASDAQ:APA) Q2 2024 Earnings Conference Call August 1, 2024 11:00 AM ET Company Participants Gary Clark - VP, IR John Christmann - CEO Steve Riney - President and CFO Conference Call...

3 months ago - Seeking Alpha

APA Corporation Announces Second-Quarter 2024 Financial and Operational Results

HOUSTON, July 31, 2024 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today announced second-quarter 2024 results. Results can be found on the company's website by visiting www.apacorp.com or inves...

4 months ago - GlobeNewsWire

APA Corporation Publishes 2024 Sustainability Report

HOUSTON, July 23, 2024 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today published its 2024 Sustainability Report. Highlights from the report include the achievement of key Environmental, Social...

4 months ago - GlobeNewsWire

Bullish on APA, MNST, XPEV

APA Corp. (APA), Monster Beverage (MNST), and XPeng (XPEV) are today's Big Three. Alan Knuckman and Ben Lichtenstein discuss the technical trends, as well as how to trade these names.

Other symbols: XPEVMNST
4 months ago - Schwab Network

The Trump Trade: 3 Oil Stocks To Consider

VanEck Oil Services ETF surged by nearly 4% as the "Trump Trade" came back into focus. Consider prospects of a second Trump presidency and sectors that could outperform, including oil. Oil exploration...

Other symbols: HALSLB
4 months ago - Seeking Alpha

S&P 500 Gains and Losses Today: Oil and Gas Stocks Power Up, Renewables Lose Steam

Major U.S. equities indexes moved higher to start a new trading week that will feature earnings reports from key financial institutions and a few other big names, including video streaming giant Netfl...

4 months ago - Investopedia