APA Corporation (APA)
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]
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 StatementsAnalyst 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.
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-...
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...
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...
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.
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...
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...
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...
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...
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
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...
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...
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...
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.
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...
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...
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...
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...
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 ...
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...
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...
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...
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.
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...
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...