APA (APA) Stock Price, News & Analysis

19 Wall Street 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 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.
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19 analysts have issued 12-month target prices for APA's stock. Their APA share price targets range from $28.00 to $57.00. On average, they anticipate the company's share price to reach $42.05 in the next twelve months. This suggests a possible upside of 44.1% from the stock's current price.
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APA's stock was trading at $35.88 at the beginning of the year. Since then, APA shares have decreased by 18.7% and is now trading at $29.18.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024.
View our APA earnings forecast.

APA Co. (NASDAQ:APA) posted its quarterly earnings results on Wednesday, May, 1st. The company reported $0.78 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.90 by $0.12. The firm earned $1.95 billion during the quarter, compared to analysts' expectations of $1.89 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 2.8% on a year-over-year basis. During the same period last year, the company posted $1.19 earnings per share.

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 yield of 3.43%. 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 3.18%. 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 17.73% 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 (RSPG), Invesco S&P 500 Equal Weight Energy ETF (RYE), First Trust Energy AlphaDEX Fund (FXN), First Trust Natural Gas ETF (FCG), BTD Capital Fund (DIP), SPDR S&P Oil & Gas Exploration & Production ETF (XOP) and Invesco Energy Exploration & Production ETF (PXE).

APA announced that its Board of Directors has approved a stock buyback plan on Wednesday, September 14th 2022, which allows the company to buyback 40,000,000 shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Shares buyback plans are usually an indication that the company's board of directors believes its shares are 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 retail and institutional investors. Top institutional investors include Ferguson Wellman Capital Management Inc. (0.42%), Douglas Lane & Associates LLC (0.25%), Sumitomo Mitsui Trust Holdings Inc. (0.25%), Retirement Systems of Alabama (0.19%), Raymond James & Associates (0.17%) and Principal Financial Group Inc. (0.12%). Insiders that own company stock include Chansoo Joung, P Anthony Lannie and Stephen J Riney.
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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.
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