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

Wall Street's most accurate analysts recommend buying three energy stocks with over 3% dividend yields: Viper Energy, Inc. (VNOM), EOG Resources, Inc. (EOG), and APA Corporation (APA). These recommendations come amidst market turbulence, highlighting the stocks' strong dividend yields and recent analyst ratings adjustments. VNOM recently announced a secondary stock offering, EOG posted in-line quarterly earnings, and APA reported disappointing quarterly results.

Portfolio Pulse from Avi Kapoor

March 11, 2024 | 12:44 pm

Piper Sandler analyst Mark Lear maintains a Neutral rating on APA Corporation (NASDAQ:APA) and lowers the price target from $36 to $33.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 12:38 pm

APA Corporation's (NYSE:APA) short interest has increased by 10.39%, with 16.43 million shares sold short, representing 6.27% of its available trading shares. This indicates a bearish market sentiment towards APA, as it now has more short interest compared to its peers, with the peer group average at 6.22%. The rise in short interest suggests investors are expecting the stock price to fall, although it doesn't guarantee a near-term decline.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 3:15 pm

APA anticipates the completion of its acquisition of Callon Petroleum (CPE) around April 1, 2024. Both companies have set March 27, 2024, for shareholder votes on the deal. The Hart-Scott-Rodino Antitrust waiting period expired on February 22, 2024, indicating regulatory clearance.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 10:54 pm

APA reported Q4 earnings of $1.15 per share, missing the $1.35 estimate, and sales of $1.89B, missing the $2.05B estimate. This represents a decrease from the previous year's earnings and sales.

Portfolio Pulse from Happy Mohamed

February 21, 2024 | 9:22 pm

APA Corporation reported its Q4 earnings at $1.15 per share, missing the consensus estimate of $1.35 by 14.81%. This represents a 22.3% decrease from the $1.48 per share reported in the same quarter last year.

Portfolio Pulse from Happy Mohamed

February 21, 2024 | 9:16 pm

The article lists companies scheduled to report their earnings on February 21, 2024, including their expected earnings per share and revenue. It covers a wide range of industries and includes both companies expected to report profits and losses.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 10:09 am

APA (NASDAQ:APA) is scheduled to release its quarterly earnings report on February 21, 2024, with analysts estimating an EPS of $1.35. The company's past performance shows a history of beating EPS estimates, which has occasionally led to positive stock price movements the following day. However, APA's stock has declined 17.58% over the last 52 weeks, indicating a bearish sentiment among long-term shareholders. Investors will be closely watching for both the earnings outcome and the company's future guidance.

Portfolio Pulse from Benzinga Insights

February 20, 2024 | 4:02 pm

Susquehanna analyst Biju Perincheril has maintained a Positive rating on APA Corporation (NASDAQ:APA) but has reduced the price target from $53 to $50.

Portfolio Pulse from Benzinga Newsdesk

January 26, 2024 | 8:33 pm

Wall Street's most accurate analysts have recommended three high-dividend yielding energy stocks: Civitas Resources, Inc. (CIVI), APA Corporation (APA), and Valero Energy Corporation (VLO). These stocks are attractive to investors seeking stable returns during market uncertainty. CIVI has a dividend yield of 9.59%, APA offers 3.12%, and VLO provides 3.18%. Recent analyst ratings and price targets have been provided for each company, along with their respective analyst accuracy rates. Additionally, recent company news includes a passive stake report for CIVI, a promotion within APA, and a mixed earnings report for VLO.

Portfolio Pulse from Avi Kapoor

January 26, 2024 | 12:14 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.