APA Corporation (APA)

NASDAQ: APA · Real-Time Price · USD
24.88
-0.48 (-1.89%)
Sep 20, 2024, 10:49 AM EDT - Market open
-1.89%
Market Cap 9.20B
Revenue (ttm) 8.91B
Net Income (ttm) 2.91B
Shares Out 369.90M
EPS (ttm) 9.02
PE Ratio 2.76
Forward PE 5.20
Dividend $1.00 (4.01%)
Ex-Dividend Date Oct 22, 2024
Volume 1,206,864
Open 25.25
Previous Close 25.36
Day's Range 24.70 - 25.25
52-Week Range 22.72 - 43.58
Beta 3.24
Analysts Hold
Price Target 36.43 (+46.42%)
Earnings Date Oct 30, 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 22 analysts, the average rating for APA stock is "Hold." The 12-month stock price forecast is $36.43, which is an increase of 46.42% from the latest price.

Price Target
$36.43
(46.42% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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.

3 days 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...

4 days 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...

6 days 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
7 days 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...

9 days 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 ...

4 weeks 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...

7 weeks 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...

7 weeks 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...

2 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
2 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
2 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...

2 months ago - Investopedia

APA Corporation Provides Second-Quarter 2024 Supplemental Information and Schedules Results Conference Call for August 1 at 10 a.m. Central Time

HOUSTON, July 11, 2024 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today provided supplemental information regarding certain second-quarter 2024 financial and operational results. This informati...

2 months ago - GlobeNewsWire

APA Corp: We Like The Suriname Optionality

APA Corp is an E&P company with assets in US basins, Egypt, and the UK's North Sea, trading at a discount despite latent earnings from projects in Uruguay and Suriname. The Suriname project with Total...

2 months ago - Seeking Alpha

Energy Stocks: Winners And Losers At The Beginning Of H2 2024

The energy sector underperformed the S&P500 in Q2 2024, continuing a trend that started earlier, and this is likely to continue heading into H2 2024. There are a number of factors that seem to be weig...

Other symbols: BKRCOPCTRACVXDVNEOGEQT
2 months ago - Seeking Alpha

APA: Callon Deal Is No Homerun, But It Doesn't Have To Be

APA is a leading US E&P with significant international exposure through assets in Egypt, the North Sea and a 50% stake in Suriname's Block 58. In Suriname APA has partnered with TotalEnergies to devel...

3 months ago - Seeking Alpha

Why APA Corporation Stock Is A Bargain Now (Rating Upgrade)

APA Corporation is an $11.5 billion market cap U.S. and international oil & gas producer with a 3.2% dividend yield. Current operations are in the U.S., Egypt, and offshore UK. APA's acquisition of Ca...

4 months ago - Seeking Alpha

APA Announces over $700 Million in Asset Sales from Two Transactions for Non-core Texas Properties

HOUSTON, May 20, 2024 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) announced today the sale of non-core producing properties by Apache Corporation and certain of its subsidiaries in two separate ...

4 months ago - GlobeNewsWire

Bet on the middle class and M&A with these stocks as Dow nears 40,000, says value manager

Cheap industrials and companies that cater to middle class Americans may be the way forward for investors, as the Dow Jones Industrial Average flirts with 40,000.

Other symbols: BWAMHKPHINREZI
4 months ago - Market Watch

Apache Corporation Tree Grant Program Opens U.S. Applications for 2024-2025 Planting Season

HOUSTON, May 06, 2024 (GLOBE NEWSWIRE) -- Apache Corporation, a subsidiary of APA Corporation (Nasdaq: APA), today announced the opening of applications for the Apache Corporation Tree Grant Program's...

4 months ago - GlobeNewsWire

Top 3 Energy Stocks That Could Blast Off This Month - RPC (NYSE:RES)

The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.

Other symbols: RESSLB
5 months ago - Benzinga

APA Corporation (APA) Q1 2024 Earnings Call Transcript

APA Corporation (NASDAQ:APA) Q1 2024 Earnings Conference Call May 2, 2024 11:00 AM ET Company Participants Gary Clark – Vice President-Investor Relations John Christmann – Chief Executive Officer Ste...

5 months ago - Seeking Alpha

APA Corporation Announces First-Quarter 2024 Financial and Operational Results

HOUSTON, May 01, 2024 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today announced first-quarter 2024 results. Results can be found on the company's website by visiting www.apacorp.com or investo...

5 months ago - GlobeNewsWire

Oakmark's Bill Nygren shares his value opportunities in the current market

Bill Nygren, Oakmark portfolio manager, joins 'Closing Bell Overtime' to talk his top stock picks, finding opportunities in the current market, and more.

Other symbols: C
5 months ago - CNBC Television

APA Corporation Provides First-Quarter 2024 Supplemental Information and Schedules Results Conference Call for May 2 at 10 a.m. Central Time

HOUSTON, April 10, 2024 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today provided supplemental information regarding certain first-quarter 2024 financial and operational results. This informati...

5 months ago - GlobeNewsWire