
APA Corporation (NASDAQ:APA – Free Report) – Research analysts at Zacks Research increased their Q1 2028 earnings per share (EPS) estimates for APA in a research report issued on Monday, March 30th. Zacks Research analyst Team now expects that the company will post earnings per share of $1.24 for the quarter, up from their prior forecast of $1.22. Zacks Research has a “Hold” rating on the stock. The consensus estimate for APA’s current full-year earnings is $4.03 per share.
A number of other research firms have also recently commented on APA. Raymond James Financial raised their target price on APA from $31.00 to $45.00 and gave the company an “outperform” rating in a research report on Wednesday, March 25th. UBS Group increased their price objective on shares of APA from $30.00 to $34.00 and gave the company a “neutral” rating in a report on Monday, March 2nd. Scotiabank raised shares of APA to a “hold” rating in a research report on Friday, March 27th. TD Cowen raised shares of APA to a “hold” rating in a research report on Monday, February 9th. Finally, The Goldman Sachs Group raised their price target on APA from $29.00 to $30.00 and gave the stock a “sell” rating in a research report on Monday, March 23rd. Seven research analysts have rated the stock with a Buy rating, twenty have given a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, APA presently has an average rating of “Hold” and a consensus price target of $35.38.
APA Price Performance
Shares of APA opened at $42.04 on Thursday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.82 and a current ratio of 0.82. APA has a fifty-two week low of $13.58 and a fifty-two week high of $45.66. The business’s 50-day moving average is $32.03 and its two-hundred day moving average is $27.03. The company has a market capitalization of $14.85 billion, a P/E ratio of 10.54 and a beta of 0.49.
APA (NASDAQ:APA – Get Free Report) last released its quarterly earnings results on Wednesday, February 25th. The company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.62 by $0.29. APA had a net margin of 15.55% and a return on equity of 19.89%. The business had revenue of $1.99 billion during the quarter, compared to analyst estimates of $1.89 billion. During the same period in the prior year, the firm posted $0.79 earnings per share. The company’s quarterly revenue was down 26.6% on a year-over-year basis.
APA Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, May 22nd. Stockholders of record on Wednesday, April 22nd will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Wednesday, April 22nd. APA’s payout ratio is currently 25.06%.
Insider Buying and Selling
In related news, Director Matthew Regis Bob sold 23,000 shares of the company’s stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $36.23, for a total value of $833,290.00. Following the completion of the sale, the director directly owned 6,634 shares in the company, valued at approximately $240,349.82. This represents a 77.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 0.69% of the stock is owned by company insiders.
Institutional Trading of APA
A number of hedge funds have recently bought and sold shares of APA. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in APA by 6.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 33,300 shares of the company’s stock worth $700,000 after buying an additional 2,070 shares in the last quarter. NewEdge Advisors LLC boosted its stake in APA by 49.6% in the first quarter. NewEdge Advisors LLC now owns 10,785 shares of the company’s stock worth $227,000 after purchasing an additional 3,578 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in APA by 43.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,668,505 shares of the company’s stock worth $56,092,000 after acquiring an additional 806,252 shares during the last quarter. Focus Partners Wealth boosted its position in APA by 10.6% in the 1st quarter. Focus Partners Wealth now owns 44,833 shares of the company’s stock valued at $942,000 after buying an additional 4,297 shares during the last quarter. Finally, Cetera Investment Advisers increased its position in APA by 8.2% in the second quarter. Cetera Investment Advisers now owns 71,493 shares of the company’s stock worth $1,308,000 after purchasing an additional 5,439 shares during the period. 83.01% of the stock is owned by institutional investors.
More APA News
Here are the key news stories impacting APA this week:
- Positive Sentiment: Zacks Research has raised multiple near‑term and full‑year EPS forecasts for APA (several quarterly upgrades and higher FY2026/FY2027 estimates), signaling modestly improved earnings outlooks though the firm retains a “Hold” rating; consensus FY estimate remains near $4.03. Zacks/MarketBeat coverage
- Positive Sentiment: Stephens published a bullish note forecasting strong price appreciation for APA, which supports upside sentiment among growth‑oriented investors. Stephens Forecasts Strong Price Appreciation for APA
- Positive Sentiment: Analysis on APA’s focus in Suriname Block 58 and its digital/workforce investments highlights a potentially low‑cost, large offshore development that can materially improve long‑term asset value and free‑cash‑flow visibility. How APA’s Suriname Block 58 Focus and Digital Push Has Changed Its Investment Story
- Neutral Sentiment: Additional analyst commentary and FY2028 earnings expectation pieces have been circulated (summary/expectations coverage). These provide context but are not materially different from recent consensus estimates. Equities Analysts Set Expectations for APA FY2028 Earnings
- Negative Sentiment: Commodity pressure: APA previously slid after crude oil softened on hopes of de‑escalation in the Iran conflict, showing the stock’s sensitivity to short‑term oil moves. That piece also flags recent insider selling and large institutional portfolio rebalances (significant reductions by some managers), plus several sell/underweight analyst stances and a median price target below current levels — all potential headwinds. APA slides as crude oil pulls back
About APA
APA Corporation (NASDAQ: APA) is an independent exploration and production company engaged in the acquisition, development and production of oil and natural gas resources. The company operates through three core regions: the United States, Egypt and the North Sea. Through its integrated approach, APA combines geological and geophysical expertise with technical innovation to identify and develop hydrocarbons in both onshore and offshore settings.
In the United States, APA’s largest position is in the Permian Basin of West Texas and southeastern New Mexico, where it holds substantial acreage dedicated to oil-focused drilling and production.
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