Zacks Research Issues Positive Estimate for APA Earnings

APA Corporation (NASDAQ:APA) – Stock analysts at Zacks Research upped their Q4 2026 earnings estimates for shares of APA in a research report issued on Monday, July 20th. Zacks Research analyst Team now anticipates that the company will earn $0.73 per share for the quarter, up from their previous forecast of $0.67. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for APA’s current full-year earnings is $4.92 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.

Other research analysts have also recently issued research reports about the stock. Citigroup reiterated a “neutral” rating on shares of APA in a research note on Tuesday. JPMorgan Chase & Co. upped their price objective on APA from $38.00 to $41.00 in a research note on Friday, May 8th. Raymond James Financial decreased their target price on APA from $57.00 to $50.00 and set an “outperform” rating on the stock in a report on Monday, July 13th. Wells Fargo & Company lifted their target price on APA from $21.00 to $39.00 and gave the company an “equal weight” rating in a research report on Thursday, April 9th. Finally, Capital One Financial boosted their price target on APA from $50.00 to $51.00 and gave the company an “overweight” rating in a report on Tuesday, May 12th. Eight analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and four have given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $40.35.

APA Stock Up 1.1%

Shares of APA stock opened at $36.18 on Tuesday. APA has a 12 month low of $17.86 and a 12 month high of $45.66. The stock has a market cap of $12.79 billion, a P/E ratio of 8.43 and a beta of 0.35. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.58. The company has a 50 day simple moving average of $35.63 and a two-hundred day simple moving average of $33.82.

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

Hedge Funds Weigh In On APA

A number of hedge funds and other institutional investors have recently modified their holdings of APA. Altshuler Shaham Ltd boosted its position in APA by 36.7% in the 1st quarter. Altshuler Shaham Ltd now owns 1,229 shares of the company’s stock valued at $52,000 after buying an additional 330 shares during the period. Rockefeller Capital Management L.P. grew its stake in APA by 0.4% in the 4th quarter. Rockefeller Capital Management L.P. now owns 106,667 shares of the company’s stock worth $2,609,000 after acquiring an additional 375 shares in the last quarter. Coldstream Capital Management Inc. increased its position in shares of APA by 1.4% during the fourth quarter. Coldstream Capital Management Inc. now owns 28,171 shares of the company’s stock worth $689,000 after acquiring an additional 396 shares during the period. Fortitude Family Office LLC increased its position in shares of APA by 37.9% during the second quarter. Fortitude Family Office LLC now owns 1,489 shares of the company’s stock worth $48,000 after acquiring an additional 409 shares during the period. Finally, Patriot Financial Group Insurance Agency LLC raised its stake in shares of APA by 3.2% during the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 14,648 shares of the company’s stock valued at $358,000 after acquiring an additional 461 shares in the last quarter. Institutional investors own 83.01% of the company’s stock.

Insider Transactions at APA

In other APA news, VP Mark D. Maddox sold 9,800 shares of the stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $40.04, for a total transaction of $392,392.00. Following the completion of the sale, the vice president directly owned 66,810 shares of the company’s stock, valued at $2,675,072.40. This trade represents a 12.79% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.73% of the stock is currently owned by company insiders.

APA Dividend Announcement

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

APA News Roundup

Here are the key news stories impacting APA this week:

• Positive Sentiment: Zacks Research raised earnings estimates for APA in several future periods, including Q4 2027, Q2 2027, Q1 2027, Q4 2026, and FY2028, suggesting improved longer-term earnings potential.
• Neutral Sentiment: Zacks Research initiated or reiterated a Hold rating on APA and kept its FY2026 and Q2 2026 estimates in line with current expectations, which does not materially change the near-term outlook.
• Neutral Sentiment: Susquehanna lowered its price target on APA from $47 to $45, but maintained a positive rating, implying continued upside from current levels despite a slightly less bullish valuation view. Article: Susquehanna lowers APA price target
• Negative Sentiment: Some near-term earnings estimates were cut, including Q3 2026 and Q1 2028, which could temper enthusiasm if investors are focused on shorter-term results.

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.