Q2 2025 EPS Estimates for APA Co. (NASDAQ:APA) Raised by Analyst

APA Co. (NASDAQ:APA - Free Report) - Equities researchers at Zacks Research raised their Q2 2025 earnings estimates for APA in a report released on Tuesday, May 21st. Zacks Research analyst N. Choudhury now expects that the company will post earnings per share of $1.35 for the quarter, up from their previous forecast of $1.29. The consensus estimate for APA's current full-year earnings is $4.64 per share. Zacks Research also issued estimates for APA's Q3 2025 earnings at $1.36 EPS.

APA has been the topic of several other research reports. Roth Mkm raised their price target on APA from $37.00 to $39.00 and gave the stock a "buy" rating in a report on Tuesday, April 2nd. JPMorgan Chase & Co. lifted their price objective on shares of APA from $38.00 to $40.00 and gave the company a "neutral" rating in a research report on Thursday, April 11th. Piper Sandler decreased their target price on shares of APA from $35.00 to $33.00 and set a "neutral" rating for the company in a research report on Tuesday, May 14th. Morgan Stanley reaffirmed an "underweight" rating and set a $28.00 price target on shares of APA in a report on Monday, April 15th. Finally, Susquehanna increased their price objective on APA from $54.00 to $57.00 and gave the stock a "positive" rating in a report on Tuesday, May 7th. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $42.10.

APA Stock Performance

Shares of NASDAQ APA traded down $0.59 during trading on Wednesday, reaching $30.13. The stock had a trading volume of 6,192,006 shares, compared to its average volume of 6,649,941. The firm's 50 day moving average price is $32.54 and its two-hundred day moving average price is $33.15. APA has a one year low of $28.90 and a one year high of $46.15. The stock has a market cap of $11.18 billion, a PE ratio of 3.40 and a beta of 3.29. The company has a debt-to-equity ratio of 1.42, a quick ratio of 1.16 and a current ratio of 1.16.

APA (NASDAQ:APA - Get Free Report) last issued its quarterly earnings results on Thursday, May 2nd. The company reported $0.78 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.90 by ($0.12). APA had a return on equity of 45.32% and a net margin of 34.04%. The company had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $1.89 billion. During the same quarter last year, the firm posted $1.19 EPS. The firm's quarterly revenue was down 2.8% on a year-over-year basis.

Institutional Trading of APA

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Harris Associates L P lifted its stake in shares of APA by 17.8% in the fourth quarter. Harris Associates L P now owns 15,705,693 shares of the company's stock valued at $563,520,000 after buying an additional 2,367,570 shares during the period. Vanguard Group Inc. grew its holdings in shares of APA by 4.7% during the 1st quarter. Vanguard Group Inc. now owns 44,648,084 shares of the company's stock worth $1,535,001,000 after purchasing an additional 2,004,555 shares in the last quarter. Hotchkis & Wiley Capital Management LLC raised its stake in shares of APA by 10.6% in the fourth quarter. Hotchkis & Wiley Capital Management LLC now owns 20,299,538 shares of the company's stock valued at $728,347,000 after purchasing an additional 1,938,335 shares in the last quarter. Ameriprise Financial Inc. lifted its position in APA by 130.0% in the third quarter. Ameriprise Financial Inc. now owns 1,534,209 shares of the company's stock worth $63,037,000 after purchasing an additional 867,257 shares during the period. Finally, Los Angeles Capital Management LLC lifted its position in APA by 1,527.3% in the third quarter. Los Angeles Capital Management LLC now owns 921,662 shares of the company's stock worth $37,880,000 after purchasing an additional 865,026 shares during the period. Institutional investors and hedge funds own 83.01% of the company's stock.

APA Company Profile

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.