APA (NASDAQ:APA – Free Report) had its price objective boosted by Piper Sandler from $23.00 to $30.00 in a report published on Thursday, Marketbeat reports. The brokerage currently has a neutral rating on the stock.
Other analysts have also issued reports about the company. JPMorgan Chase & Co. increased their price objective on APA from $25.00 to $29.00 and gave the stock a “neutral” rating in a report on Friday, February 27th. Evercore boosted their target price on APA from $21.00 to $25.00 in a research note on Thursday, February 26th. BMO Capital Markets raised their price target on APA from $30.00 to $35.00 and gave the stock a “market perform” rating in a research note on Tuesday, March 3rd. Jefferies Financial Group lifted their price target on APA from $21.00 to $22.00 and gave the company a “hold” rating in a report on Tuesday, January 20th. Finally, Morgan Stanley lowered their price target on APA from $23.00 to $21.00 and set an “underweight” rating for the company in a research note on Friday, January 23rd. Seven research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat, APA presently has an average rating of “Hold” and an average target price of $28.92.
Check Out Our Latest Stock Report on APA
APA Stock Performance
APA (NASDAQ:APA – Get Free Report) last released its earnings results on Wednesday, February 25th. The company reported $0.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.62 by $0.29. The company had revenue of $1.99 billion during the quarter, compared to the consensus estimate of $1.89 billion. APA had a net margin of 15.55% and a return on equity of 19.89%. The company’s revenue was down 26.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.79 EPS. Research analysts expect that APA will post 4.03 EPS for the current fiscal year.
APA Announces Dividend
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 paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 3.1%. The ex-dividend date is Wednesday, April 22nd. APA’s dividend payout ratio is 25.06%.
Institutional Investors Weigh In On APA
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Deseret Mutual Benefit Administrators grew its holdings in APA by 276.7% during the third quarter. Deseret Mutual Benefit Administrators now owns 1,213 shares of the company’s stock valued at $29,000 after purchasing an additional 891 shares during the last quarter. Summit Securities Group LLC lifted its stake in shares of APA by 115.1% in the fourth quarter. Summit Securities Group LLC now owns 1,327 shares of the company’s stock worth $32,000 after buying an additional 710 shares during the last quarter. Atlantic Union Bankshares Corp bought a new stake in shares of APA during the 3rd quarter worth $34,000. Spire Wealth Management boosted its holdings in shares of APA by 179.6% during the 3rd quarter. Spire Wealth Management now owns 1,521 shares of the company’s stock worth $37,000 after buying an additional 977 shares during the period. Finally, Camelot Portfolios LLC acquired a new position in APA in the 4th quarter valued at $37,000. 83.01% of the stock is currently owned by institutional investors and hedge funds.
APA News Summary
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)
APA Company Profile
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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