APA (APA) to Release Quarterly Earnings on Wednesday

Key Points

• APA will report Q1 2026 results after the market closes on May 6; analysts expect $0.78 EPS and $1.9366 billion in revenue, with an earnings call scheduled for May 7 at 11:00 AM ET.
• In the prior quarter APA beat EPS expectations ($0.91 vs. $0.62) but revenue fell 26.6% year‑over‑year, indicating stronger near‑term profitability amid pressured top‑line trends.
• APA recently declared a quarterly dividend of $0.25 (annualized $1.00, yield 2.6%), while Wall Street sentiment is mixed with a consensus "Hold" rating and a consensus target price of $39.50.

APA (NASDAQ:APA - Get Free Report) is projected to announce its Q1 2026 results after the market closes on Wednesday, May 6th. Analysts expect the company to announce earnings of $0.78 per share and revenue of $1.9366 billion for the quarter. Investors may visit the the company's upcoming Q1 2026 earning results page for the latest details on the call scheduled for Thursday, May 7, 2026 at 11:00 AM ET.

APA (NASDAQ:APA - Get Free Report) last announced its quarterly earnings data on Wednesday, February 25th. The company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.62 by $0.29. APA had a net margin of 15.55% and a return on equity of 19.89%. The firm had revenue of $1.99 billion during the quarter, compared to analysts' expectations of $1.89 billion. During the same quarter last year, the business earned $0.79 earnings per share. The business's revenue for the quarter was down 26.6% compared to the same quarter last year. On average, analysts expect APA to post $5 EPS for the current fiscal year and $4 EPS for the next fiscal year.

APA Stock Up 0.6%

Shares of NASDAQ APA opened at $38.65 on Wednesday. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.61. APA has a 52 week low of $15.20 and a 52 week high of $45.66. The firm has a 50-day moving average price of $36.30 and a 200 day moving average price of $28.91. The stock has a market capitalization of $13.66 billion, a price-to-earnings ratio of 9.69 and a beta of 0.49.

APA Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 22nd. Investors of record on Wednesday, April 22nd will be paid a $0.25 dividend. The ex-dividend date is Wednesday, April 22nd. This represents a $1.00 annualized dividend and a dividend yield of 2.6%. APA's dividend payout ratio (DPR) is 25.06%.

Wall Street Analyst Weigh In

Several analysts recently commented on APA shares. Bank of America raised their price objective on shares of APA from $23.00 to $27.00 and gave the company an "underperform" rating in a research note on Monday, March 16th. Susquehanna raised their price objective on shares of APA from $37.00 to $47.00 and gave the company a "positive" rating in a research note on Tuesday, April 21st. Capital One Financial reduced their price objective on shares of APA from $51.00 to $50.00 and set an "overweight" rating for the company in a research note on Friday, April 17th. JPMorgan Chase & Co. raised their price objective on shares of APA from $29.00 to $38.00 and gave the company a "neutral" rating in a research note on Friday, March 20th. Finally, Sanford C. Bernstein raised their target price on shares of APA from $25.00 to $37.00 and gave the company a "market perform" rating in a report on Monday, April 13th. Seven equities research analysts have rated the stock with a Buy rating, twenty have assigned a Hold rating and four have given a Sell rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $39.50.

Insider Activity at APA

In other news, Director Matthew Regis Bob sold 23,000 shares of APA stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $36.23, for a total transaction of $833,290.00. Following the completion of the sale, the director directly owned 6,634 shares in the company, valued at $240,349.82. The trade was a 77.61% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.73% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On APA

A number of hedge funds and other institutional investors have recently modified their holdings of APA. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of APA by 6.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 33,300 shares of the company's stock worth $700,000 after buying an additional 2,070 shares in the last quarter. NewEdge Advisors LLC grew its holdings in shares of APA by 49.6% during the first quarter. NewEdge Advisors LLC now owns 10,785 shares of the company's stock worth $227,000 after buying an additional 3,578 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of APA by 43.3% during the first quarter. Goldman Sachs Group Inc. now owns 2,668,505 shares of the company's stock worth $56,092,000 after buying an additional 806,252 shares in the last quarter. Focus Partners Wealth grew its holdings in shares of APA by 10.6% during the first quarter. Focus Partners Wealth now owns 44,833 shares of the company's stock worth $942,000 after buying an additional 4,297 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership purchased a new stake in shares of APA during the second quarter worth about $5,199,000. 83.01% of the stock is currently owned by hedge funds and other institutional investors.

Key APA News

Here are the key news stories impacting APA this week:

• Positive Sentiment: Zacks added APA to multiple Zacks Rank #1 (Strong Buy) lists today — including momentum, income and value screeners — which can draw buyer interest and increased trading volume. Best Momentum Stocks to Buy for April 28th Best Income Stocks to Buy for April 28th Best Value Stocks to Buy for April 28th
• Positive Sentiment: Scotiabank sharply raised its FY2026 and FY2027 EPS forecasts for APA (FY2026 to $6.05 from $1.10 and FY2027 to $4.90 from $1.50), signaling materially improved profitability assumptions that support a higher intrinsic value despite the bank's mid‑market "Sector Perform" stance. MarketBeat APA page
• Neutral Sentiment: Morgan Stanley raised its APA price target to $43 from $22 (implying roughly low‑double‑digit upside versus current levels) but kept an "Underweight" rating — a mixed signal that increases the target upside but leaves a cautious institutional view in place. MarketScreener: Morgan Stanley adjusts APA price target
• Neutral Sentiment: Recent fundamentals: APA’s last reported quarter (Feb. 25) beat EPS estimates ($0.91 vs. $0.62) but revenue fell year‑over‑year (~26.6%), so near‑term earnings quality looks stronger while top‑line trends remain pressured — a mixed backdrop for valuation. MarketBeat APA page

APA Company Profile

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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