APA Corporation (APA)
| Market Cap | 8.08B |
| Revenue (ttm) | 8.96B |
| Net Income (ttm) | 2.22B |
| Shares Out | 369.95M |
| EPS (ttm) | 6.58 |
| PE Ratio | 3.32 |
| Forward PE | 6.38 |
| Dividend | $1.00 (4.58%) |
| Ex-Dividend Date | Oct 22, 2024 |
| Volume | 2,906,822 |
| Open | 21.84 |
| Previous Close | 21.87 |
| Day's Range | 21.57 - 21.97 |
| 52-Week Range | 20.32 - 37.09 |
| Beta | 3.19 |
| Analysts | Hold |
| Price Target | 30.79 (+40.98%) |
| Earnings Date | Feb 19, 2025 |
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 $30.79, which is an increase of 40.98% from the latest price.
News
APA Corporation Hits 2021 Lows: Buy Rating
APA Corporation generates strong FCF and earnings despite market weakness, with a market cap of $7.5 billion and a 5% dividend yield. The company is investing heavily in Suriname, mimicking Exxon Mobi...
APA Corporation Announces Pricing Terms of Cash Tender Offers for Certain Series of Outstanding Apache Corporation Notes
HOUSTON, Dec. 23, 2024 (GLOBE NEWSWIRE) -- APA Corporation (“APA”) (Nasdaq: APA) announced today the pricing terms for the previously announced cash tender offers (the “Tender Offers”) to purchase up ...
APA Corporation Announces Results of Private Exchange Offers, Tender Offers, and Consent Solicitations at Extended Early Consent Date and Upsizing of Tender Offers
HOUSTON, Dec. 23, 2024 (GLOBE NEWSWIRE) -- APA Corporation (“APA”) (Nasdaq: APA) announced today the extended early results as of 5:00 p.m., New York City time, on December 20, 2024 (the “Extended Ear...
Wall Street Expected a Good Year for These 3 Stocks—What Happened?
No one can predict the future, and Wall Street analysts, despite that being part of their job, are no exception.
APA Corporation Announces Early Results of Private Exchange Offers, Tender Offers, and Consent Solicitations, Extension of Early Consent Date, Waiver of Requisite Consent Condition, and Guarantee by Apache Corporation of the APA Notes to be Issued in the Exchange Offers; APA Corporation to Hold Related Investor Call
HOUSTON, Dec. 17, 2024 (GLOBE NEWSWIRE) -- APA Corporation (“APA”) (Nasdaq: APA) announced today the early results as of 5:00 p.m., New York City time, on December 16, 2024 (the “Original Early Consen...
APA Corporation Declares Cash Dividend on Common Shares
HOUSTON, Dec. 11, 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 Still Weighed Down (Rating Downgrade)
APA Corp. is an $8.2 billion market capitalization US and international oil & gas producer with a 4.5% dividend yield. Current operations are primarily in the US and Egypt, with declining volumes offs...
APA Corporation Commences Private Exchange and Tender Offers for Certain Series of Outstanding Apache Corporation Notes and Debentures and Solicitation of Consents to Amend Certain Related Indentures
HOUSTON, Dec. 03, 2024 (GLOBE NEWSWIRE) -- APA Corporation (“APA”) (Nasdaq: APA) announced today that it has commenced offers to (i) exchange (the “Exchange Offers”) any and all validly tendered and a...
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: 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...