Streetbeat News

APA

APA Corporation

Industry

Oil & Gas Exploration & Production

APA Corporation, through its subsidiaries, explores for, develops, and produces oil and gas properties. It has operations in the United States, Egypt, and the United Kingdom, as well as has exploration activities offshore Suriname. The company also operates gathering, processing, and transmission assets in West Texas, as well as holds ownership in four Permian-to-Gulf Coast pipelines. APA Corporation was founded in 1954 and is based in Houston, Texas.

Open

22.64

Mkt cap

8.4B

Volume

1.2M

High

22.92

P/E Ratio

3.23

52-wk high

37.82

Low

22.58

Div yield

0.06

52-wk low

21.15

Piper Sandler analyst Mark Lear has maintained a Neutral rating on APA Corporation (NASDAQ:APA) and lowered the price target from $29 to $28.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 12:36 pm

Energy stocks are experiencing a decline as oil prices drop following reports that Israel may target military sites in Iran, excluding oil or nuclear targets.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 10:52 am

Scotiabank analyst Paul Cheng has maintained a Sector Perform rating on APA Corporation (NASDAQ:APA) but has lowered the price target from $30 to $27.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 5:06 pm

APA Corporation curtailed 103 MMcf/d of U.S. natural gas production and 10,000 barrels per day of natural gas liquids in Q3 due to weak or negative Waha hub prices. This exceeded their previous guidance of 90 MMcf/d and 7,500 barrels per day.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 8:13 pm

Truist Securities has maintained a Buy rating on APA Corporation and increased its price target from $34 to $36, indicating a positive outlook for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 4:24 pm

Goldman Sachs analyst Neil Mehta has maintained a 'Sell' rating on APA Corporation and lowered the price target from $30 to $26.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 2:03 pm

Barclays analyst Betty Jiang has maintained an Equal-Weight rating on APA Corporation (NASDAQ:APA) but has lowered the price target from $35 to $30.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 3:23 pm

TotalEnergies has signed a mid-term LNG supply contract with Santos, boosting its shares by 2.60% premarket. The contract involves supplying 20 LNG cargoes annually over three years starting in Q4 2025. This deal highlights Santos' strong LNG portfolio and demand in Asia for high heating value LNG. TotalEnergies also announced a $10.5 billion investment in an oil development project in Suriname.

Portfolio Pulse from Lekha Gupta

October 02, 2024 | 10:43 am

Analysts have provided mixed ratings for APA Corporation (NASDAQ:APA) over the past three months, with a recent decline in the average 12-month price target from $41.57 to $37.95. Despite strong financial performance, including a 41.59% revenue growth and high net margins, concerns about APA's high debt-to-equity ratio persist.

Portfolio Pulse from Benzinga Insights

October 01, 2024 | 9:00 pm

Wells Fargo analyst Roger Read maintains an Overweight rating on APA Corporation but lowers the price target from $49 to $47.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 7:08 pm

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