APA (APA) Stock Price, News & Analysis

19 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for APA in the last year. There are currently 3 sell ratings, 10 hold ratings, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" APA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in APA, but not buy additional shares or sell existing shares.
View APA analyst ratings or view top-rated stocks.

19 brokers have issued 1-year target prices for APA's stock. Their APA share price targets range from $28.00 to $57.00. On average, they predict the company's stock price to reach $41.80 in the next twelve months. This suggests a possible upside of 28.9% from the stock's current price.
View analysts price targets for APA or view top-rated stocks among Wall Street analysts.

APA's stock was trading at $35.88 on January 1st, 2024. Since then, APA shares have decreased by 9.6% and is now trading at $32.43.
View the best growth stocks for 2024 here.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our APA earnings forecast.

APA will be holding an earnings conference call on Thursday, May 2nd at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

APA Co. (NASDAQ:APA) issued its quarterly earnings results on Thursday, February, 22nd. The company reported $1.15 earnings per share for the quarter, missing analysts' consensus estimates of $1.33 by $0.18. The business earned $2.17 billion during the quarter, compared to analyst estimates of $2.07 billion. APA had a net margin of 34.95% and a trailing twelve-month return on equity of 62.64%. The company's quarterly revenue was down 12.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.48 EPS.
Read the conference call transcript.

APA announced a quarterly dividend on Thursday, February 8th. Shareholders of record on Monday, April 22nd will be given a dividend of $0.25 per share on Wednesday, May 22nd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.08%. The ex-dividend date of this dividend is Friday, April 19th.
Read our dividend analysis for APA.

APA (NASDAQ:APA) pays an annual dividend of $1.00 per share and currently has a dividend yield of 3.10%. The dividend payout ratio is 10.78%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, APA will have a dividend payout ratio of 18.05% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for APA.

ETFs with the largest weight of APA (NASDAQ:APA) stock in their portfolio include Noble Absolute Return ETF (NOPE), Invesco S&P 500 Equal Weight Energy ETF (RYE), Invesco S&P 500 Equal Weight Energy ETF (RSPG), First Trust Natural Gas ETF (FCG), BTD Capital Fund (DIP), SPDR S&P Oil & Gas Exploration & Production ETF (XOP), Invesco Energy Exploration & Production ETF (PXE) and First Trust Nasdaq Oil & Gas ETF (FTXN).

APA declared that its board has initiated a share buyback program on Wednesday, September 14th 2022, which authorizes the company to repurchase 40,000,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company's management believes its stock is undervalued.

111 employees have rated APA Chief Executive Officer John J. Christmann, IV on Glassdoor.com. John J. Christmann, IV has an approval rating of 29% among the company's employees. This puts John J. Christmann, IV in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. 41.0% of employees surveyed would recommend working at APA to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other APA investors own include Coty (COTY), Designer Brands (DBI), Boxlight (BOXL), Cloudera (CLDR), Invesco Mortgage Capital (IVR), Bloomin' Brands (BLMN), Carnival Co. & (CCL), Energy Transfer (ET), H&R Block (HRB) and WW International (WW).

APA's stock is owned by many different institutional and retail investors. Top institutional shareholders include Ferguson Wellman Capital Management Inc. (0.42%), Douglas Lane & Associates LLC (0.25%), Sumitomo Mitsui Trust Holdings Inc. (0.25%), Woodstock Corp (0.09%), Portman Square Capital LLP (0.00%) and Foundation Resource Management Inc. (0.05%). Insiders that own company stock include Chansoo Joung, P Anthony Lannie and Stephen J Riney.
View institutional ownership trends.

Shares of APA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.