NASDAQ:APA

APA (APA) Stock Price, News & Analysis

$29.73
+0.47 (+1.61%)
(As of 03:22 PM ET)
Today's Range
$29.41
$30.21
50-Day Range
$29.18
$35.74
52-Week Range
$28.90
$46.15
Volume
4.65 million shs
Average Volume
6.88 million shs
Market Capitalization
$8.95 billion
P/E Ratio
3.33
Dividend Yield
3.36%
Price Target
$42.05

APA MarketRank™ Stock Analysis

Analyst Rating
Hold
2.21 Rating Score
Upside/​Downside
39.6% Upside
$42.05 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.04mentions of APA in the last 14 days
Based on 41 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
12.33%
From $5.03 to $5.65 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.32 out of 5 stars

Oils/Energy Sector

42nd out of 241 stocks

Crude Petroleum & Natural Gas Industry

15th out of 78 stocks

APA stock logo

About APA Stock (NASDAQ:APA)

APA Corporation, an independent energy company, explores for, develops, and produces natural gas, crude oil, and natural gas liquids. It has oil and gas operations in the United States, Egypt, and North Sea. The company also has exploration and appraisal activities in Suriname, as well as holds interests in projects located in Uruguay and internationally. APA Corporation was incorporated in 1954 and is headquartered in Houston, Texas.

APA Stock Price History

APA Stock News Headlines

Do NOT read if you believe in “woke” politics
I have to warn you, however: This CEO of a publicly traded company is not afraid to mince words. Many on Wall Street have refused to work with him.
StockNews.com Lowers APA (NASDAQ:APA) to Hold
APA (NASDAQ:APA) PT Lowered to $32.00
APA (NASDAQ:APA) PT Lowered to $38.00
Do NOT read if you believe in “woke” politics
I have to warn you, however: This CEO of a publicly traded company is not afraid to mince words. Many on Wall Street have refused to work with him.
Decoding APA Corp (APA): A Strategic SWOT Insight
Christianne Weiss Joins 33 & West
APA’s Resilience and Growth Prospects Justify Buy Rating
APA Corp misses first-quarter profit estimates
See More Headlines
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Company Calendar

Ex-Dividend for 2/22 Dividend
1/19/2024
Dividend Payable
2/22/2024
Ex-Dividend for 5/22 Dividend
4/19/2024
Last Earnings
5/02/2024
Today
5/06/2024
Dividend Payable
5/22/2024
Next Earnings (Estimated)
8/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
N/A
Current Symbol
NASDAQ:APA
Employees
2,271
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$42.05
High Stock Price Target
$57.00
Low Stock Price Target
$28.00
Potential Upside/Downside
+43.7%
Consensus Rating
Hold
Rating Score (0-4)
2.21
Research Coverage
19 Analysts

Profitability

Net Income
$2.86 billion
Pretax Margin
31.25%

Debt

Sales & Book Value

Annual Sales
$8.19 billion
Cash Flow
$9.59 per share
Book Value
$12.13 per share

Miscellaneous

Free Float
297,193,000
Market Cap
$8.81 billion
Optionable
Optionable
Beta
3.29
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Key Executives

  • Mr. John J. Christmann IV (Age 57)
    CEO & Director
    Comp: $4.38M
  • Mr. Stephen J. RineyMr. Stephen J. Riney (Age 63)
    President & CFO
    Comp: $2.26M
  • Mr. David Clay Bretches (Age 59)
    Executive Vice President of Operations
    Comp: $1.91M
  • Ms. Tracey K. Henderson
    Executive VP of Exploration
  • Ms. Rebecca A. Hoyt (Age 60)
    Senior VP, Chief Accounting Officer & Controller
  • Mr. Travis Osborne
    VP & Chief Information Officer
  • Mr. Mark D. Maddox (Age 57)
    Executive VP of Administration
  • Mr. Gary Thomas Clark (Age 53)
    Vice President of Investor Relations
  • Mr. P. Anthony LannieMr. P. Anthony Lannie (Age 70)
    Executive VP & General Counsel
    Comp: $1.75M
  • Ms. Castlen Kennedy (Age 45)
    Senior Vice President of Corporate Affairs & Marketing

APA Stock Analysis - Frequently Asked Questions

Should I buy or sell APA stock right now?

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for APA in the last twelve months. There are currently 3 sell ratings, 10 hold ratings, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" APA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in APA, but not buy additional shares or sell existing shares.
View APA analyst ratings
or view top-rated stocks.

What is APA's stock price target for 2024?

19 equities research analysts have issued 12-month price targets for APA's shares. Their APA share price targets range from $28.00 to $57.00. On average, they predict the company's share price to reach $42.05 in the next year. This suggests a possible upside of 40.5% from the stock's current price.
View analysts price targets for APA
or view top-rated stocks among Wall Street analysts.

How have APA shares performed in 2024?

APA's stock was trading at $35.88 at the beginning of the year. Since then, APA shares have decreased by 16.6% and is now trading at $29.92.
View the best growth stocks for 2024 here
.

When is APA's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024.
View our APA earnings forecast
.

How were APA's earnings last quarter?

APA Co. (NASDAQ:APA) announced its quarterly earnings data on Thursday, May, 2nd. The company reported $0.78 EPS for the quarter, missing the consensus estimate of $0.90 by $0.12. The business earned $1.95 billion during the quarter, compared to the consensus estimate of $1.89 billion. APA had a net margin of 34.04% and a trailing twelve-month return on equity of 45.32%. The company's quarterly revenue was down 2.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.19 EPS.
Read the conference call transcript
.

How often does APA pay dividends? What is the dividend yield for APA?

APA declared a quarterly dividend on Thursday, February 8th. Shareholders of record on Monday, April 22nd will be paid a dividend of $0.25 per share on Wednesday, May 22nd. This represents a $1.00 annualized dividend and a yield of 3.34%. The ex-dividend date of this dividend is Friday, April 19th.
Read our dividend analysis for APA
.

Is APA a good dividend stock?

APA (NASDAQ:APA) pays an annual dividend of $1.00 per share and currently has a dividend yield of 3.42%. The dividend payout ratio is 11.19%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, APA will have a dividend payout ratio of 17.70% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for APA.

How will APA's stock buyback program work?

APA announced that its Board of Directors has authorized a share buyback program on Wednesday, September 14th 2022, which allows the company to buyback 40,000,000 outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Shares buyback programs are usually an indication that the company's leadership believes its shares are undervalued.

What is John J. Christmann, IV's approval rating as APA's CEO?

111 employees have rated APA Chief Executive Officer John J. Christmann, IV on Glassdoor.com. John J. Christmann, IV has an approval rating of 29% among the company's employees. This puts John J. Christmann, IV in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. 41.0% of employees surveyed would recommend working at APA to a friend.

What other stocks do shareholders of APA own?

Based on aggregate information from My MarketBeat watchlists, some companies that other APA investors own include Coty (COTY), Designer Brands (DBI), Boxlight (BOXL), Cloudera (CLDR), Invesco Mortgage Capital (IVR), Bloomin' Brands (BLMN), Carnival Co. & (CCL), Energy Transfer (ET), H&R Block (HRB) and WW International (WW).

Who are APA's major shareholders?

APA's stock is owned by a variety of institutional and retail investors. Top institutional investors include Ferguson Wellman Capital Management Inc. (0.42%), Douglas Lane & Associates LLC (0.25%), Sumitomo Mitsui Trust Holdings Inc. (0.25%), Retirement Systems of Alabama (0.19%), Raymond James & Associates (0.17%) and Principal Financial Group Inc. (0.12%). Insiders that own company stock include Chansoo Joung, P Anthony Lannie and Stephen J Riney.
View institutional ownership trends
.

How do I buy shares of APA?

Shares of APA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:APA) was last updated on 5/6/2024 by MarketBeat.com Staff

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