Q1 Earnings Forecast for APA Issued By Capital One Financial

Key Points

• Capital One Financial has issued a Q1 2026 earnings per share estimate of $0.45 for APA Corporation, with further projections of $0.50 for Q2, $0.55 for Q3, and $0.58 for Q4 of 2026.
• APA reported a Q2 earnings result of $0.87 per share, exceeding expectations by $0.42, despite experiencing a revenue decline of 14.4% year-over-year.
• The company declared a quarterly dividend of $0.25 per share, which translates to an annualized yield of 5.0% based on its payout ratio of 33.44%.

APA Corporation (NASDAQ:APA - Free Report) - Equities research analysts at Capital One Financial issued their Q1 2026 earnings per share (EPS) estimates for APA in a research note issued to investors on Sunday, August 10th. Capital One Financial analyst B. Velie expects that the company will post earnings of $0.45 per share for the quarter. 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 $0.50 EPS, Q3 2026 earnings at $0.55 EPS, Q4 2026 earnings at $0.58 EPS and FY2027 earnings at $2.27 EPS.

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

APA has been the subject of several other research reports. Susquehanna reduced their price objective on shares of APA from $31.00 to $30.00 and set a "positive" rating for the company in a research note on Tuesday, April 22nd. Raymond James Financial restated an "outperform" rating and set a $26.00 price target (up from $25.00) on shares of APA in a research report on Tuesday, July 22nd. Morgan Stanley increased their price objective on APA from $20.00 to $21.00 and gave the stock an "underweight" rating in a research report on Friday, May 23rd. UBS Group restated a "neutral" rating and set a $19.00 target price (up from $18.00) on shares of APA in a research report on Monday, July 14th. Finally, Citigroup raised their price target on APA from $15.00 to $18.00 and gave the company a "neutral" rating in a report on Monday, May 19th. Three equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $23.59.

APA Stock Performance

NASDAQ:APA opened at $19.92 on Tuesday. The company has a market capitalization of $7.13 billion, a P/E ratio of 6.66, a P/E/G ratio of 6.54 and a beta of 1.23. The business has a fifty day simple moving average of $19.21 and a two-hundred day simple moving average of $19.02. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.80 and a quick ratio of 0.80. APA has a 1 year low of $13.58 and a 1 year high of $29.88.

Institutional Investors Weigh In On APA

A number of institutional investors have recently made changes to their positions in APA. Golden State Wealth Management LLC grew its stake in shares of APA by 2,709.8% in the first quarter. Golden State Wealth Management LLC now owns 1,433 shares of the company's stock worth $30,000 after acquiring an additional 1,382 shares during the period. Rakuten Securities Inc. lifted its position in APA by 499.2% during the first quarter. Rakuten Securities Inc. now owns 1,546 shares of the company's stock valued at $32,000 after purchasing an additional 1,288 shares during the period. TD Private Client Wealth LLC boosted its holdings in APA by 144.9% in the second quarter. TD Private Client Wealth LLC now owns 1,866 shares of the company's stock worth $34,000 after purchasing an additional 1,104 shares during the last quarter. CVA Family Office LLC grew its position in APA by 6,096.7% in the 2nd quarter. CVA Family Office LLC now owns 1,859 shares of the company's stock worth $34,000 after purchasing an additional 1,829 shares during the period. Finally, Whittier Trust Co. raised its stake in APA by 214.3% during the 2nd quarter. Whittier Trust Co. now owns 2,200 shares of the company's stock valued at $40,000 after buying an additional 1,500 shares during the last quarter. Hedge funds and other institutional investors own 83.01% of the company's stock.

APA Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 22nd. Investors of record on Tuesday, July 22nd will be paid a $0.25 dividend. The ex-dividend date is Tuesday, July 22nd. This represents a $1.00 dividend on an annualized basis and a yield of 5.0%. APA's payout ratio is presently 33.44%.

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.

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