Q1 Earnings Forecast for APA Issued By Capital One Financial

Key Points

• Capital One Financial has revised their Q1 2026 earnings per share estimate for APA Corporation from $0.45 to $0.33, reflecting concerns about the company's future performance.
• APA Corporation reported a $0.87 earnings per share in their latest quarterly results, exceeding expectations but down 14.4% in revenue compared to the same quarter last year.
• A consensus rating of "Hold" for APA stock has been established, with an average price target of $23.72, according to analysts.

APA Corporation (NASDAQ:APA - Free Report) - Equities researchers at Capital One Financial dropped their Q1 2026 earnings estimates for APA in a research note issued on Wednesday, August 27th. Capital One Financial analyst B. Velie now expects that the company will post earnings per share of $0.33 for the quarter, down from their prior forecast of $0.45. The consensus estimate for APA's current full-year earnings is $4.03 per share. Capital One Financial also issued estimates for APA's Q2 2026 earnings at $0.37 EPS, Q3 2026 earnings at $0.42 EPS and Q4 2026 earnings at $0.45 EPS.

Several other brokerages have also recently weighed in on APA. UBS Group raised their price target on shares of APA from $21.00 to $23.00 and gave the stock a "neutral" rating in a research note on Wednesday, August 20th. Stephens assumed coverage on shares of APA in a research note on Tuesday, August 5th. They issued an "equal weight" rating and a $24.00 price target on the stock. Argus raised shares of APA to a "hold" rating in a research report on Friday, May 16th. Cowen restated a "hold" rating on shares of APA in a report on Thursday, August 7th. Finally, Scotiabank reissued a "sector perform" rating and set a $22.00 price target (up from $14.00) on shares of APA in a research report on Friday, July 11th. Three equities research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $23.72.

APA Stock Up 1.0%

Shares of NASDAQ:APA traded up $0.24 during mid-day trading on Friday, reaching $23.22. 5,660,800 shares of the stock were exchanged, compared to its average volume of 7,316,170. The stock's 50 day simple moving average is $19.72 and its 200-day simple moving average is $18.90. APA has a one year low of $13.58 and a one year high of $29.47. The company has a market cap of $8.31 billion, a P/E ratio of 7.77, a P/E/G ratio of 6.91 and a beta of 1.29. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 0.62.

APA (NASDAQ:APA - Get Free Report) last released its earnings results on Wednesday, August 6th. The company reported $0.87 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.45 by $0.42. The firm had revenue of $2.18 billion during the quarter, compared to analysts' expectations of $2.03 billion. APA had a return on equity of 20.98% and a net margin of 10.53%.The company's revenue was down 14.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.17 EPS.

Institutional Trading of APA

A number of hedge funds have recently modified their holdings of the stock. State of Tennessee Department of Treasury grew its holdings in APA by 14.1% in the 4th quarter. State of Tennessee Department of Treasury now owns 46,755 shares of the company's stock valued at $1,080,000 after buying an additional 5,766 shares in the last quarter. Price T Rowe Associates Inc. MD grew its holdings in shares of APA by 1.1% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 534,417 shares of the company's stock valued at $12,340,000 after purchasing an additional 6,007 shares during the last quarter. Coldstream Capital Management Inc. increased its position in APA by 28.7% during the 4th quarter. Coldstream Capital Management Inc. now owns 15,653 shares of the company's stock worth $361,000 after purchasing an additional 3,491 shares in the last quarter. Beacon Pointe Advisors LLC bought a new position in APA in the 4th quarter valued at approximately $390,000. Finally, The Manufacturers Life Insurance Company boosted its position in APA by 3.1% in the fourth quarter. The Manufacturers Life Insurance Company now owns 311,740 shares of the company's stock valued at $7,198,000 after buying an additional 9,439 shares in the last quarter. Institutional investors and hedge funds own 83.01% of the company's stock.

About APA

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.