![]()
APA Co. (NASDAQ:APA – Get Rating) – Analysts at Capital One Financial lifted their Q1 2022 earnings estimates for shares of APA in a research note issued on Wednesday, April 20th. Capital One Financial analyst B. Velie now forecasts that the company will post earnings per share of $2.52 for the quarter, up from their prior forecast of $2.43. Capital One Financial also issued estimates for APA’s Q3 2022 earnings at $2.54 EPS.
APA (NASDAQ:APA – Get Rating) last issued its quarterly earnings data on Sunday, February 20th. The company reported $1.29 EPS for the quarter, missing the consensus estimate of $1.43 by ($0.14). APA had a negative return on equity of 552.09% and a net margin of 12.44%. During the same period in the previous year, the company earned ($0.05) earnings per share.
Shares of APA stock opened at $42.19 on Friday. APA has a 52-week low of $15.55 and a 52-week high of $45.22. The company has a market capitalization of $14.64 billion, a PE ratio of 16.29, a price-to-earnings-growth ratio of 0.11 and a beta of 4.43. The business’s fifty day moving average is $38.83 and its 200 day moving average is $32.07.
The business also recently declared a quarterly dividend, which will be paid on Monday, May 23rd. Investors of record on Friday, April 22nd will be paid a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 1.19%. The ex-dividend date is Thursday, April 21st. APA’s dividend payout ratio (DPR) is presently 19.31%.
In other APA news, insider P Anthony Lannie sold 40,800 shares of the company’s stock in a transaction on Monday, March 7th. The shares were sold at an average price of $39.90, for a total transaction of $1,627,920.00. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CFO Stephen J. Riney purchased 6,300 shares of APA stock in a transaction that occurred on Thursday, February 24th. The stock was acquired at an average cost of $31.47 per share, with a total value of $198,261.00. The disclosure for this purchase can be found here. 1.05% of the stock is owned by corporate insiders.
A number of institutional investors have recently bought and sold shares of APA. Albert D Mason Inc. raised its position in shares of APA by 2.5% in the 1st quarter. Albert D Mason Inc. now owns 10,978 shares of the company’s stock worth $454,000 after acquiring an additional 270 shares in the last quarter. Profund Advisors LLC boosted its holdings in APA by 1.9% in the fourth quarter. Profund Advisors LLC now owns 18,687 shares of the company’s stock worth $502,000 after purchasing an additional 348 shares during the last quarter. Cetera Advisors LLC increased its position in APA by 2.4% during the third quarter. Cetera Advisors LLC now owns 15,100 shares of the company’s stock valued at $324,000 after acquiring an additional 360 shares during the last quarter. Daiwa Securities Group Inc. increased its position in shares of APA by 14.0% during the 4th quarter. Daiwa Securities Group Inc. now owns 3,375 shares of the company’s stock valued at $91,000 after purchasing an additional 414 shares during the last quarter. Finally, Xponance Inc. raised its holdings in APA by 1.8% in the 1st quarter. Xponance Inc. now owns 23,177 shares of the company’s stock worth $958,000 after purchasing an additional 416 shares during the period. 86.58% of the stock is owned by institutional investors and hedge funds.
About APA (Get Rating)
APA Corporation, through its subsidiaries, explores for, develops, and produces oil and gas properties. It has operations in the United States, Egypt, and the United Kingdom, as well as has exploration activities offshore Suriname. The company also operates gathering, processing, and transmission assets in West Texas, as well as holds ownership in four Permian-to-Gulf Coast pipelines.
See Also
- Get a free copy of the StockNews.com research report on APA (APA)
- Should You Buy Carvana or AutoNation or Pass on Both?
- MarketBeat Podcast: 3 Stocks Flashing Buy Signals
- What Should Investors Take Away From Boston Beer’s Earnings?
- High-Yield Kinder Morgan Is Still A Buy
- NextEra Energy Offers a Long-Term Gain if You Can Tolerate Short-Term Pain
Receive News & Ratings for APA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for APA and related companies with MarketBeat.com's FREE daily email newsletter.
