APA Corporation (APA)

NASDAQ: APA · IEX Real-Time Price · USD
32.36
+0.18 (0.56%)
At close: Apr 19, 2024, 4:00 PM
32.49
+0.13 (0.40%)
After-hours: Apr 19, 2024, 7:55 PM EDT
0.56%
Market Cap 12.00B
Revenue (ttm) 8.19B
Net Income (ttm) 2.86B
Shares Out 370.89M
EPS (ttm) 9.25
PE Ratio 3.50
Forward PE 7.80
Dividend $1.00 (3.09%)
Ex-Dividend Date Apr 19, 2024
Volume 4,623,623
Open 32.16
Previous Close 32.18
Day's Range 32.15 - 32.95
52-Week Range 29.47 - 46.15
Beta 3.31
Analysts Hold
Price Target 41.90 (+29.48%)
Earnings Date May 1, 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's revenue was $8.19 billion, a decrease of -32.48% compared to the previous year's $12.13 billion. Earnings were $2.86 billion, a decrease of -22.29%.

Financial Statements

Analyst Forecast

According to 21 analysts, the average rating for APA stock is "Hold." The 12-month stock price forecast is $41.9, which is an increase of 29.48% from the latest price.

Price Target
$41.9
(29.48% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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
3 days 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...

9 days ago - GlobeNewsWire

APA Corporation Announces Updates to Executive Leadership

HOUSTON, April 09, 2024 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) has announced updates to its executive leadership team to coincide with a restructuring of its development function and the in...

10 days ago - GlobeNewsWire

These stocks' price targets have been cut the most by Wall Street analysts in 2024

In an orderly world, companies would increase revenue and profits steadily to support a continual lifting of earnings estimates and price targets for stocks. But life is never simple.

17 days ago - Market Watch

APA Corporation Appoints Matthew Bob and Anya Weaving to Board of Directors

HOUSTON, April 01, 2024 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today announced the appointment of Matthew Bob and Anya Weaving to its board of directors.

18 days ago - GlobeNewsWire

APA Corporation Completes Acquisition of Callon Petroleum Company

HOUSTON, April 01, 2024 (GLOBE NEWSWIRE) -- APA Corporation (NASDAQ: APA) announced today that its acquisition of Callon Petroleum Company (NYSE: CPE) has been completed. The transaction was approved ...

18 days ago - GlobeNewsWire

Wall Street's Most Accurate Analysts Say Buy These 3 Energy Stocks With Over 3% Dividend Yields - APA (NASDAQ:APA), EOG Resources (NYSE:EOG)

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

Other symbols: EOGVNOM
5 weeks ago - Benzinga

APA Corporation Announces Timeline For Closing of Callon Petroleum Company Transaction; Issues Investor Slide Deck Highlighting Top-Tier Permian Performance

HOUSTON, Feb. 26, 2024 (GLOBE NEWSWIRE) -- APA Corporation (NASDAQ: APA) announced today that the applicable statutory waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 exp...

7 weeks ago - GlobeNewsWire

APA Corporation Announces Fourth-Quarter and Full-Year 2023 Financial and Operational Results

HOUSTON, Feb. 21, 2024 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today announced fourth-quarter and full-year 2023 results. Results can be found on the company's website by visiting www.apacor...

2 months ago - GlobeNewsWire

APA Corp. CEO names his top risks to oil prices

APA Corp. CEO John Christmann lays out his short-term headwinds for energy in 2024. The risks he sees and how long they'll last.

2 months ago - CNBC Television

APA Corporation Declares Cash Dividend on Common Shares

HOUSTON, Feb. 08, 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

These 3 Energy Stocks Delivering High-Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts - APA (NASDAQ:APA), Civitas Resources (NYSE:CIVI)

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

Other symbols: CIVIVLO
3 months ago - Benzinga

APA Corporation Provides Fourth-Quarter 2023 Supplemental Information and Schedules Results Conference Call for Feb. 22 at 10 a.m. Central Time

HOUSTON, Jan. 23, 2024 (GLOBE NEWSWIRE) --  APA Corporation (Nasdaq: APA) today provided supplemental information regarding certain fourth-quarter 2023 financial and operational results. This informat...

3 months ago - GlobeNewsWire

APA promotes Stephen J. Riney to position of President and Chief Financial Officer

HOUSTON, Jan. 09, 2024 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) announced today that Stephen J. Riney has been promoted to president and chief financial officer. Riney has served as executive...

3 months ago - GlobeNewsWire

CALLON PETROLEUM INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Callon Petroleum Company - CPE

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Callon Petroleum...

3 months ago - Business Wire

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Callon Petroleum Company

NEW YORK , Jan. 4, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Callon Petroleum Company (NYSE: CPE) and its board of directors concerning the proposed ...

3 months ago - PRNewsWire

Why APA Is Spending $4.5 Billion to Buy Callon Petroleum

U.S. oil producer APA Corp. (APA) is buying rival Callon Petroleum (CPE) for $4.5 billion including debt, in an all-stock deal that will boost APA's portfolio in the Permian Basin, the companies annou...

3 months ago - Investopedia

APA Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of APA Corporation Is Fair to Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of APA Corporation (NASDAQ: APA) and Callon Petroleum Company is fair to APA shareholders....

3 months ago - Business Wire

Energy Company APA to Buy Callon Petroleum in $4.5 Billion Deal

Energy company APA has agreed to buy smaller peer Callon Petroleum in a stock-swap deal valued at about $4.5 billion, including assumed debt.

3 months ago - WSJ

APA Buys Callon in $4.5 Billion Oil Deal. It's Another Permian Basin Play.

The purchase follows acquisitions by Occidental and Exxon Mobil in the region.

3 months ago - Barrons

APA to acquire Callon Petroleum in all-stock deal valued at about $4.5 billion

APA Corp. APA, +1.77% has entered a definitive agreement to acquire Callon Petroleum Co. CPE, +3.32% in an all-stock deal valued at about $4.5 billion, including debt. Under the terms of the deal, APA...

3 months ago - Market Watch

APA Corporation to Acquire Callon Petroleum Company in All-Stock Transaction

Complements and enhances APA's asset base in the Permian Basin; expected to be accretive to key financial metrics; Adds to APA's high-quality, short-cycle development inventory and increases oil mix; ...

3 months ago - PRNewsWire

S&P 500 Stocks With the Most Upside

Wall Street analysts forecast these names to deliver the biggest price gains in the S&P 500 over the next 12 months.

4 months ago - Kiplinger

Apache Corporation Partners with Borderlands Research Institute on Well Pad Restoration Research Project in the Permian Basin

HOUSTON, Dec. 11, 2023 (GLOBE NEWSWIRE) -- Apache Corporation (Nasdaq: APA) today announced a partnership with the Borderlands Research Institute (BRI) at Sul Ross State University in Alpine, Texas, t...

4 months ago - GlobeNewsWire

Oil producer APA beats third-quarter profit estimates

APA Corp on Wednesday beat Wall Street estimates for third-quarter profit as the U.S. shale producer benefited from a rise in production and healthy crude prices.

6 months ago - Reuters