Scotiabank Weighs in on APA’s FY2026 Earnings (NASDAQ:APA)

APA Corporation (NASDAQ:APA) – Equities research analysts at Scotiabank upped their FY2026 earnings estimates for APA in a report issued on Thursday, March 5th. Scotiabank analyst P. Cheng now expects that the company will post earnings per share of $1.10 for the year, up from their previous estimate of $1.05. The consensus estimate for APA’s current full-year earnings is $4.03 per share.

APA has been the topic of several other research reports. Weiss Ratings restated a “hold (c)” rating on shares of APA in a report on Monday, December 29th. The Goldman Sachs Group lifted their price target on APA from $21.00 to $23.00 and gave the company a “sell” rating in a report on Thursday, January 22nd. Benchmark increased their price objective on shares of APA from $33.00 to $40.00 and gave the stock a “buy” rating in a report on Thursday. TD Cowen upgraded shares of APA to a “hold” rating in a research report on Monday, February 9th. Finally, Capital One Financial lowered their price objective on shares of APA from $32.00 to $31.00 and set an “overweight” rating for the company in a research report on Friday, January 9th. Seven investment analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $28.92.

APA Trading Up 0.9%

APA stock opened at $32.68 on Monday. The business has a fifty day moving average price of $27.04 and a 200 day moving average price of $24.99. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.82 and a quick ratio of 0.82. APA has a fifty-two week low of $13.58 and a fifty-two week high of $33.42. The stock has a market capitalization of $11.54 billion, a price-to-earnings ratio of 8.19, a P/E/G ratio of 16.95 and a beta of 0.67.

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

APA Dividend Announcement

The company 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 of this dividend is Wednesday, April 22nd. APA’s dividend payout ratio is 25.06%.

Institutional Trading of APA

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in APA. Coldstream Capital Management Inc. raised its holdings in APA by 1.4% during the 4th quarter. Coldstream Capital Management Inc. now owns 28,171 shares of the company’s stock worth $689,000 after purchasing an additional 396 shares during the last quarter. Patriot Financial Group Insurance Agency LLC boosted its stake in shares of APA by 3.2% in the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 14,648 shares of the company’s stock valued at $358,000 after purchasing an additional 461 shares during the last quarter. Howard Capital Management Inc. grew its position in shares of APA by 0.5% during the 3rd quarter. Howard Capital Management Inc. now owns 94,848 shares of the company’s stock worth $2,303,000 after buying an additional 485 shares during the period. one8zero8 LLC raised its stake in shares of APA by 1.2% during the third quarter. one8zero8 LLC now owns 42,254 shares of the company’s stock worth $1,026,000 after buying an additional 488 shares during the last quarter. Finally, Arizona State Retirement System raised its stake in shares of APA by 0.5% during the third quarter. Arizona State Retirement System now owns 106,734 shares of the company’s stock worth $2,592,000 after buying an additional 517 shares during the last quarter. 83.01% of the stock is currently owned by institutional investors and hedge funds.

Key APA News

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.