Zacks Research Forecasts APA’s Q4 Earnings (NASDAQ:APA)

APA Corporation (NASDAQ:APA) – Equities researchers at Zacks Research lifted their Q4 2026 EPS estimates for APA in a research note issued to investors on Monday, July 20th. Zacks Research analyst Team now anticipates that the company will post earnings of $0.73 per share for the quarter, up from their prior forecast of $0.67. Zacks Research has a “Hold” rating on the stock. The consensus estimate for APA’s current full-year earnings is $5.00 per share. Zacks Research also issued estimates for APA’s Q1 2027 earnings at $0.84 EPS, Q2 2027 earnings at $0.78 EPS, Q3 2027 earnings at $0.68 EPS, Q1 2028 earnings at $1.03 EPS and FY2028 earnings at $3.38 EPS.

Several other research firms have also issued reports on APA. Stephens increased their price target on shares of APA from $43.00 to $47.00 in a research report on Wednesday, June 10th. Barclays lifted their price objective on APA from $35.00 to $41.00 and gave the company an “equal weight” rating in a report on Tuesday, May 26th. Jefferies Financial Group upped their price objective on APA from $26.00 to $36.00 and gave the company a “hold” rating in a research note on Monday, April 13th. Morgan Stanley dropped their target price on APA from $44.00 to $41.00 and set an “underweight” rating for the company in a report on Friday, June 26th. Finally, Wall Street Zen downgraded APA from a “buy” rating to a “hold” rating in a research report on Saturday, July 4th. Eight equities research analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $40.35.

APA Price Performance

Shares of APA stock opened at $35.77 on Tuesday. The firm has a market cap of $12.64 billion, a P/E ratio of 8.34 and a beta of 0.35. The firm’s 50-day simple moving average is $35.65 and its 200-day simple moving average is $33.74. APA has a twelve month low of $17.86 and a twelve month high of $45.66. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.92 and a current ratio of 0.92.

APA (NASDAQ:APA) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $1.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.11 by $0.27. The company had revenue of $2.33 billion during the quarter, compared to analysts’ expectations of $2.13 billion. APA had a net margin of 17.38% and a return on equity of 20.70%. The business’s revenue was down 11.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.06 EPS.

Institutional Investors Weigh In On APA

Hedge funds have recently added to or reduced their stakes in the stock. Allspring Global Investments Holdings LLC lifted its holdings in APA by 57.5% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 306,195 shares of the company’s stock worth $7,765,000 after buying an additional 111,777 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in shares of APA by 71.0% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 185,818 shares of the company’s stock valued at $4,437,000 after buying an additional 77,125 shares during the period. Friedenthal Financial acquired a new stake in shares of APA in the 4th quarter valued at $938,000. Thrivent Financial for Lutherans raised its position in shares of APA by 85.2% during the fourth quarter. Thrivent Financial for Lutherans now owns 80,815 shares of the company’s stock worth $1,976,000 after acquiring an additional 37,180 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of APA by 59.4% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 112,895 shares of the company’s stock worth $2,761,000 after acquiring an additional 42,068 shares during the last quarter. Institutional investors own 83.01% of the company’s stock.

Insider Buying and Selling at APA

In related news, VP Mark D. Maddox sold 9,800 shares of APA stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $40.04, for a total value of $392,392.00. Following the completion of the transaction, the vice president directly owned 66,810 shares of the company’s stock, valued at $2,675,072.40. The trade was a 12.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 0.73% of the company’s stock.

APA Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 21st. Stockholders of record on Wednesday, July 22nd will be paid a $0.25 dividend. The ex-dividend date is Wednesday, July 22nd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.8%. APA’s dividend payout ratio (DPR) is 23.31%.

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.