APA Corporation (APA)
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]
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 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.
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.
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...
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...
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...
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...
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...
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...
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 ...
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.
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...
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.
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...
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...
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.
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...