Scotiabank Comments on APA’s FY2027 Earnings (NASDAQ:APA)

APA Corporation (NASDAQ:APA) – Research analysts at Scotiabank reduced their FY2027 EPS estimates for APA in a report issued on Thursday, March 5th. Scotiabank analyst P. Cheng now anticipates that the company will earn $1.50 per share for the year, down from their prior estimate of $1.65. The consensus estimate for APA’s current full-year earnings is $4.03 per share.

APA (NASDAQ:APA) last announced its quarterly earnings results on Wednesday, February 25th. The company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.62 by $0.29. The company had revenue of $1.99 billion for the quarter, compared to analyst estimates of $1.89 billion. APA had a net margin of 15.55% and a return on equity of 19.89%. The firm’s revenue was down 26.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.79 EPS.

A number of other research analysts have also recently commented on the company. Raymond James Financial reiterated an “outperform” rating and issued a $31.00 price target on shares of APA in a research note on Monday, November 24th. TD Cowen upgraded APA to a “hold” rating in a research report on Monday, February 9th. Johnson Rice raised APA from a “hold” rating to an “accumulate” rating and upped their target price for the stock from $35.00 to $40.00 in a report on Thursday, December 4th. BMO Capital Markets increased their target price on APA from $30.00 to $35.00 and gave the company a “market perform” rating in a research report on Tuesday. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of APA in a research note on Monday, December 29th. Seven analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $28.92.

APA Stock Performance

Shares of APA stock opened at $32.68 on Friday. The company’s 50 day moving average price is $27.04 and its two-hundred day moving average price is $24.93. The firm has a market capitalization of $11.54 billion, a P/E ratio of 8.19, a P/E/G ratio of 15.73 and a beta of 0.67. APA has a fifty-two week low of $13.58 and a fifty-two week high of $33.42. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.82 and a quick ratio of 0.82.

Institutional Trading of APA

Several institutional investors have recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP increased its position in APA by 9.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 15,321,936 shares of the company’s stock valued at $374,786,000 after purchasing an additional 1,291,706 shares during the period. Charles Schwab Investment Management Inc. lifted its position in shares of APA by 2.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 14,710,034 shares of the company’s stock worth $359,807,000 after purchasing an additional 285,542 shares during the period. Morgan Stanley lifted its position in shares of APA by 21.8% in the 4th quarter. Morgan Stanley now owns 10,425,586 shares of the company’s stock worth $255,010,000 after purchasing an additional 1,864,900 shares during the period. Goldman Sachs Group Inc. boosted its stake in shares of APA by 76.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 7,171,963 shares of the company’s stock valued at $175,426,000 after purchasing an additional 3,117,032 shares during the last quarter. Finally, Northern Trust Corp boosted its stake in shares of APA by 29.6% in the 3rd quarter. Northern Trust Corp now owns 4,462,476 shares of the company’s stock valued at $108,349,000 after purchasing an additional 1,018,326 shares during the last quarter. 83.01% of the stock is currently owned by institutional investors.

APA Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 22nd. Stockholders of record on Wednesday, April 22nd will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date is Wednesday, April 22nd. APA’s dividend payout ratio (DPR) is 25.06%.

APA News Roundup

Here are the key news stories impacting APA this week:

• Positive Sentiment: APA announced a dual listing on Nasdaq Texas, which could increase local liquidity and visibility with Texas‑based investors and reinforce the company’s Permian Basin ties. APA Corporation Announces Dual Listing on Nasdaq Texas
• Positive Sentiment: Multiple bullish analyst notes and price‑target increases have surfaced this week (Benchmark raised its target to $40 with a Buy; Susquehanna and BMO published positive commentary and a separate report raised the target to $34), supporting upward momentum and investor confidence. APA Price Target Raised to $34
• Positive Sentiment: Market commentary highlighted APA as a value upstream pick amid oil volatility, noting low valuation multiples, improved cost structure and cash flow — a narrative that attracts income/value‑oriented energy investors. Why One Energy Expert Is Betting on These 3 Oil Stocks Now
• Neutral Sentiment: RBC and Piper Sandler raised price targets (to $29 and $30) but kept sector‑perform/neutral ratings — a mixed signal that trims downside risk but doesn’t add a strong buy case. RBC/Piper Sandler PT adjustments
• Neutral Sentiment: Short‑interest reports flagged a “large increase” but the underlying data shows 0 shares / NaN changes — likely a data error and currently not meaningful for price pressure or squeeze dynamics.
• Neutral Sentiment: Legislative chatter (H.R.7554) aiming to limit greenhouse‑gas regulation could, if enacted, ease regulatory risk for fossil‑fuel producers — a policy tailwind but highly uncertain and not a near‑term catalyst. H.R. 7554 CARBON Act
• Negative Sentiment: Scotiabank trimmed its FY2027 EPS estimate (from $1.65 to $1.50), signaling some analyst caution on near‑term earnings power; that could cap upside if others follow with cuts. Scotiabank cuts FY2027 estimate (MarketBeat)

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.