Zacks Research Issues Negative Estimate for APA Earnings

APA Corporation (NASDAQ:APA) – Equities researchers at Zacks Research decreased their Q1 2026 earnings estimates for APA in a report released on Monday, September 22nd. Zacks Research analyst Team now expects that the company will post earnings per share of $0.61 for the quarter, down from their previous forecast of $0.65. The consensus estimate for APA’s current full-year earnings is $4.03 per share. Zacks Research also issued estimates for APA’s Q3 2026 earnings at $0.52 EPS, FY2026 earnings at $2.31 EPS and FY2027 earnings at $2.43 EPS.

APA (NASDAQ:APA) last released its quarterly earnings results on Wednesday, August 6th. The company reported $0.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.42. APA had a net margin of 10.53% and a return on equity of 20.98%. The firm had revenue of $2.18 billion for the quarter, compared to the consensus estimate of $2.03 billion. During the same quarter in the previous year, the firm posted $1.17 EPS. The firm’s quarterly revenue was down 14.4% on a year-over-year basis.

A number of other brokerages also recently commented on APA. Raymond James Financial reissued an “outperform” rating and issued a $28.00 price target (up previously from $26.00) on shares of APA in a report on Wednesday, September 10th. Barclays increased their target price on APA from $21.00 to $22.00 and gave the company an “equal weight” rating in a research note on Friday, August 8th. Mizuho dropped their price target on shares of APA from $19.00 to $18.00 and set an “underperform” rating for the company in a research note on Monday, September 15th. Roth Capital downgraded shares of APA from a “buy” rating to a “neutral” rating and set a $22.00 price objective on the stock. in a research note on Wednesday, August 13th. Finally, Cfra Research raised shares of APA to a “hold” rating in a research report on Friday, August 8th. Three research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $23.78.

APA Stock Up 1.8%

Shares of APA stock opened at $24.42 on Wednesday. APA has a 1-year low of $13.58 and a 1-year high of $27.48. The company has a market capitalization of $8.74 billion, a PE ratio of 8.17, a P/E/G ratio of 6.84 and a beta of 1.29. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.80 and a quick ratio of 0.80. The business has a 50-day moving average of $21.24 and a 200-day moving average of $19.18.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Steward Partners Investment Advisory LLC grew its position in shares of APA by 19.6% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 3,349 shares of the company’s stock valued at $61,000 after buying an additional 550 shares during the last quarter. Wealthfront Advisers LLC boosted its stake in APA by 0.6% in the second quarter. Wealthfront Advisers LLC now owns 104,858 shares of the company’s stock valued at $1,918,000 after acquiring an additional 612 shares during the period. Cullen Investment Group LTD. grew its holdings in shares of APA by 5.9% during the second quarter. Cullen Investment Group LTD. now owns 11,497 shares of the company’s stock valued at $210,000 after purchasing an additional 637 shares during the last quarter. Turtle Creek Wealth Advisors LLC grew its holdings in shares of APA by 1.5% during the second quarter. Turtle Creek Wealth Advisors LLC now owns 44,194 shares of the company’s stock valued at $808,000 after purchasing an additional 638 shares during the last quarter. Finally, Comerica Bank raised its position in shares of APA by 0.7% during the 1st quarter. Comerica Bank now owns 89,616 shares of the company’s stock worth $1,884,000 after purchasing an additional 644 shares during the period. 83.01% of the stock is currently owned by institutional investors.

APA Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 21st. Shareholders of record on Wednesday, October 22nd will be paid a dividend of $0.25 per share. The ex-dividend date is Wednesday, October 22nd. This represents a $1.00 annualized dividend and a yield of 4.1%. APA’s payout ratio is presently 33.44%.

APA Company Profile

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.