Scotiabank Weighs in on APA's FY2027 Earnings (NASDAQ:APA)

Key Points

• Scotiabank cut its FY2027 EPS forecast for APA to $1.50 from $1.65, a downward revision that sits well below the market consensus full‑year estimate of $4.03 and could pressure forward expectations.
• APA beat Q4 estimates with EPS of $0.91 (vs. $0.62 expected) and revenue of $1.99B (vs. $1.89B), but revenue was down 26.6% year‑over‑year.
• Analyst views are mixed—several firms raised price targets and issued bullish notes, yet the average rating remains Hold with a consensus target of $28.92; APA also announced a $0.25 quarterly dividend (3.1% yield).

APA Corporation (NASDAQ:APA - Free Report) - Scotiabank lowered their FY2027 EPS estimates for APA in a research report issued on Thursday, March 5th. Scotiabank analyst P. Cheng now anticipates that the company will earn $1.50 per share for the year, down from their previous forecast of $1.65. The consensus estimate for APA's current full-year earnings is $4.03 per share.

APA (NASDAQ:APA - Get Free Report) last issued its earnings results on Wednesday, February 25th. The company reported $0.91 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.62 by $0.29. The company had revenue of $1.99 billion during the quarter, compared to analyst estimates of $1.89 billion. APA had a return on equity of 19.89% and a net margin of 15.55%.The firm's quarterly revenue was down 26.6% on a year-over-year basis. During the same quarter last year, the business posted $0.79 EPS.

APA has been the topic of a number of other research reports. Evercore upped their target price on APA from $21.00 to $25.00 in a research note on Thursday, February 26th. Johnson Rice upgraded APA from a "hold" rating to an "accumulate" rating and upped their price objective for the stock from $35.00 to $40.00 in a research report on Thursday, December 4th. Roth Mkm lifted their target price on shares of APA from $23.00 to $27.00 and gave the company a "neutral" rating in a report on Thursday, February 26th. UBS Group increased their price target on shares of APA from $30.00 to $34.00 and gave the stock a "neutral" rating in a report on Monday. Finally, Citigroup raised their price target on shares of APA from $24.00 to $25.00 and gave the company a "neutral" rating in a research report on Wednesday, November 26th. Seven equities research analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $28.92.

APA Trading Up 4.1%

Shares of APA stock opened at $32.38 on Friday. The stock has a market cap of $11.44 billion, a PE ratio of 8.12, a price-to-earnings-growth ratio of 15.11 and a beta of 0.67. The firm has a fifty day moving average price of $26.87 and a 200 day moving average price of $24.84. APA has a 1 year low of $13.58 and a 1 year high of $32.78. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.82 and a quick ratio of 0.82.

APA Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 22nd. Stockholders of record on Wednesday, April 22nd will be given a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 3.1%. The ex-dividend date is Wednesday, April 22nd. APA's dividend payout ratio (DPR) is 25.06%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Coldstream Capital Management Inc. boosted its stake in APA by 1.4% during the 4th quarter. Coldstream Capital Management Inc. now owns 28,171 shares of the company's stock worth $689,000 after purchasing an additional 396 shares during the last quarter. Patriot Financial Group Insurance Agency LLC grew its stake in APA by 3.2% during the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 14,648 shares of the company's stock valued at $358,000 after acquiring an additional 461 shares in the last quarter. Howard Capital Management Inc. raised its holdings in APA by 0.5% in the 3rd quarter. Howard Capital Management Inc. now owns 94,848 shares of the company's stock valued at $2,303,000 after acquiring an additional 485 shares during the last quarter. one8zero8 LLC lifted its stake in APA by 1.2% in the 3rd quarter. one8zero8 LLC now owns 42,254 shares of the company's stock worth $1,026,000 after purchasing an additional 488 shares in the last quarter. Finally, Arizona State Retirement System grew its position in shares of APA by 0.5% in the third quarter. Arizona State Retirement System now owns 106,734 shares of the company's stock valued at $2,592,000 after purchasing an additional 517 shares in the last quarter. 83.01% of the stock is owned by institutional investors and hedge funds.

More APA News

Here are the key news stories impacting APA this week:

• Positive Sentiment: APA announced a dual listing on Nasdaq Texas, highlighting its Texas/Permian roots and raising local investor visibility. APA Corporation Announces Dual Listing on Nasdaq Texas
• Positive Sentiment: Benchmark raised its price target to $40 and assigned a "buy" rating, providing a sizable upside view versus current levels. Benchmark price-target coverage (Benzinga)
• Positive Sentiment: MarketBeat highlighted APA as one of three energy stocks to buy amid oil-price volatility and Permian exposure, reinforcing interest from income/value energy investors. Why One Energy Expert Is Betting on These 3 Oil Stocks Now
• Positive Sentiment: Fundamental coverage (Seeking Alpha / company analysis) emphasizes APA's operational efficiencies, >$1B free cash flow in 2025 and a large inventory of high-return wells—supporting sustainable cash generation and buyback/dividend optionality. APA Corp: Redefined By Operational Efficiencies And Middle East Turmoil
• Positive Sentiment: Several bullish analyst notes and price-target raises (including Susquehanna, BMO and a $34 PT report) are adding upward pressure by signaling improving sell‑side sentiment. Susquehanna Forecasts Strong Price Appreciation for APA
• Neutral Sentiment: Argus / institutional research coverage published analyst-level reports on APA; these add informational depth but were not uniformly transformational. Analyst Report: APA Corporation (Argus)
• Neutral Sentiment: Short-interest data in the feed is unreliable (zero/NaN entries) and does not provide a clear signal for positioning or squeeze risk at present.
• Negative Sentiment: Scotiabank cut its FY2027 EPS forecast to $1.50 from $1.65, a downward revision that could weigh on forward expectations if other shops follow.
• Negative Sentiment: RBC and Piper Sandler adjusted price targets ($29 and $30 respectively) and maintained non‑buy/neutral stances, implying limited near‑term upside from those desks. RBC adjusts APA price target to $29 Piper Sandler adjusts APA price target to $30

About APA

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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