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

21.97

Mkt cap

8.1B

Volume

12M

High

22.25

P/E Ratio

2.36

52-wk high

38.27

Low

21.15

Div yield

0.06

52-wk low

21.15

APA Corporation announced that its subsidiary, Apache, along with other subsidiaries, will sell non-core properties, generating proceeds of over $700 million.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 8:19 pm

Piper Sandler analyst Mark Lear maintains a Neutral rating on APA Corporation (NASDAQ:APA) and lowers the price target from $35 to $33.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 11:48 am

Mizuho analyst William Janela has maintained an Underperform rating on APA Corporation (NASDAQ:APA) while raising the price target from $32 to $34.

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 2:54 pm

Wall Street's most accurate analysts have provided updates on three high-dividend yielding energy stocks: APA Corporation, HF Sinclair Corporation, and Delek US Holdings. APA Corporation received mixed reviews with a downgrade in earnings, while HF Sinclair and Delek US Holdings reported better-than-expected quarterly earnings. Analysts have adjusted their ratings and price targets accordingly, reflecting their outlook on these stocks amidst market uncertainties.

Portfolio Pulse from Avi Kapoor

May 08, 2024 | 12:24 pm

Susquehanna analyst Biju Perincheril maintains a Positive rating on APA Corporation (NASDAQ:APA) and raises the price target from $54 to $57.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 12:12 pm

Last week, several large-cap stocks experienced significant declines. CVS Health Corporation led the losses with an 18.2% drop after missing Q1 sales and EPS estimates and cutting FY24 guidance. Skyworks Solutions and Starbucks Corporation also saw notable declines of 16.8% and 15.2%, respectively, due to disappointing financial results and lowered analyst price targets. Other companies like Super Micro Computer, Bruker Corporation, Stellantis N.V., and DoorDash reported mixed financial results or revenue misses, contributing to their stock price decreases.

Portfolio Pulse from Lekha Gupta

May 06, 2024 | 12:48 am

The article highlights the top 3 oversold energy stocks, which are RPC, Inc. (RES), APA Corporation (APA), and Schlumberger Limited (SLB), based on their RSI values indicating potential undervaluation. RES reported disappointing Q1 results, APA's Q1 earnings missed expectations, and SLB had strong sales but expects softness in North America. Their recent price actions and RSI values suggest they may be poised for short-term performance changes.

Portfolio Pulse from Avi Kapoor

May 03, 2024 | 1:02 pm

APA shares are trading lower following the announcement of worse-than-expected Q1 earnings.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 2:41 pm

Barclays analyst Betty Jiang maintains an Equal-Weight rating on APA Corporation (NASDAQ:APA) and lowers the price target from $40 to $38.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 2:20 pm

Mizuho analyst William Janela has maintained an Underperform rating on APA Corporation (NASDAQ:APA) and reduced the price target from $34 to $32.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 11:42 am

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