APA Corporation (NASDAQ:APA – Free Report) – Zacks Research issued their Q2 2026 earnings per share (EPS) estimates for APA in a note issued to investors on Monday, July 20th. Zacks Research analyst Team forecasts that the company will post earnings of $1.57 per share for the quarter. Zacks Research 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 Q3 2026 earnings at $0.54 EPS, FY2026 earnings at $4.22 EPS, Q4 2027 earnings at $0.69 EPS, FY2027 earnings at $2.99 EPS and Q2 2028 earnings at $0.78 EPS.
APA has been the topic of a number of other research reports. Scotiabank raised their target price on shares of APA from $26.00 to $36.00 and gave the company a “sector perform” rating in a research report on Wednesday, April 22nd. JPMorgan Chase & Co. upped their price target on shares of APA from $38.00 to $41.00 in a report on Friday, May 8th. Jefferies Financial Group increased their price target on APA from $26.00 to $36.00 and gave the company a “hold” rating in a research note on Monday, April 13th. Mizuho raised their price objective on APA from $32.00 to $36.00 and gave the company an “underperform” rating in a report on Wednesday, May 27th. Finally, The Goldman Sachs Group reduced their price objective on APA from $34.00 to $32.00 and set a “sell” rating on the stock in a research report on Tuesday, June 30th. Eight investment analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $40.35.
APA Trading Up 0.7%
Shares of APA stock opened at $36.42 on Wednesday. The firm’s 50 day moving average is $35.62 and its 200 day moving average is $33.90. The firm has a market capitalization of $12.87 billion, a PE ratio of 8.49 and a beta of 0.35. APA has a 1 year low of $17.86 and a 1 year high of $45.66. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.58.
APA (NASDAQ:APA – Get Free Report) last posted its earnings results on Wednesday, May 6th. The company reported $1.38 EPS for the quarter, topping analysts’ consensus estimates of $1.11 by $0.27. APA had a net margin of 17.38% and a return on equity of 20.70%. The firm had revenue of $2.33 billion during the quarter, compared to analysts’ expectations of $2.13 billion. During the same quarter in the prior year, the business earned $1.06 earnings per share. The business’s revenue for the quarter was down 11.7% compared to the same quarter last year.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of APA. Dimensional Fund Advisors LP grew its position in shares of APA by 6.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 16,376,952 shares of the company’s stock valued at $695,099,000 after buying an additional 1,055,016 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of APA by 2.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 14,710,034 shares of the company’s stock worth $359,807,000 after acquiring an additional 285,542 shares during the last quarter. Morgan Stanley lifted its stake in shares of APA by 21.8% in the fourth quarter. Morgan Stanley now owns 10,425,586 shares of the company’s stock worth $255,010,000 after acquiring an additional 1,864,900 shares during the period. Goldman Sachs Group Inc. lifted its stake in shares of APA by 76.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 7,171,963 shares of the company’s stock worth $175,426,000 after acquiring an additional 3,117,032 shares during the period. Finally, Arrowstreet Capital Limited Partnership lifted its stake in shares of APA by 1,726.2% in the first quarter. Arrowstreet Capital Limited Partnership now owns 4,834,502 shares of the company’s stock worth $205,176,000 after acquiring an additional 4,569,779 shares during the period. 83.01% of the stock is owned by institutional investors.
Insider Activity at APA
In other news, VP Mark D. Maddox sold 9,800 shares of APA stock in a transaction 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 transaction, the vice president owned 66,810 shares in the company, valued at approximately $2,675,072.40. The trade was a 12.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.73% of the company’s stock.
APA Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, August 21st. Stockholders of record on Wednesday, July 22nd will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Wednesday, July 22nd. This represents a $1.00 annualized dividend and a dividend yield of 2.7%. APA’s dividend payout ratio (DPR) is presently 23.31%.
APA News Summary
Here are the key news stories impacting APA this week:
- Positive Sentiment: Zacks Research raised its FY2027 earnings estimate for APA to $2.99 per share from $2.60, which can support the stock by signaling improved longer-term profitability expectations. Zacks Research Issues Positive Estimate for APA Earnings
- Positive Sentiment: Zacks Research also lifted its Q4 2027 EPS forecast to $0.69 from $0.47, reinforcing a more constructive outlook for future earnings power. Zacks Research Issues Positive Estimate for APA Earnings
- Neutral Sentiment: Zacks Research kept a Hold rating on APA and maintained FY2026 EPS estimates at $4.22, suggesting the outlook is improving but not dramatically changing near-term consensus. Susquehanna Issues Pessimistic Forecast for APA (NASDAQ:APA) Stock Price
- Negative Sentiment: Some of the analyst action remained cautious, including lower near-term EPS estimates such as Q3 2026, which may temper enthusiasm around the stock. Susquehanna Issues Pessimistic Forecast for APA (NASDAQ:APA) Stock Price
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.
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