Zacks Research Has Negative Forecast for APA Q2 Earnings

APA Co. (NASDAQ:APA - Free Report) - Equities research analysts at Zacks Research reduced their Q2 2025 earnings per share (EPS) estimates for shares of APA in a report issued on Wednesday, May 21st. Zacks Research analyst N. Choudhury now forecasts that the company will post earnings per share of $0.53 for the quarter, down from their prior forecast of $0.79. The consensus estimate for APA's current full-year earnings is $4.03 per share. Zacks Research also issued estimates for APA's Q3 2025 earnings at $0.49 EPS, Q4 2025 earnings at $0.50 EPS, FY2025 earnings at $2.59 EPS, Q1 2026 earnings at $0.53 EPS, Q2 2026 earnings at $0.30 EPS, Q3 2026 earnings at $0.53 EPS, Q4 2026 earnings at $0.46 EPS, FY2026 earnings at $1.81 EPS and Q1 2027 earnings at $0.41 EPS.

APA (NASDAQ:APA - Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The company reported $1.06 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.83 by $0.23. The business had revenue of $2.61 billion during the quarter, compared to analysts' expectations of $2.17 billion. APA had a return on equity of 27.86% and a net margin of 24.36%. The firm's quarterly revenue was up 35.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.78 earnings per share.

A number of other research analysts have also recently issued reports on APA. Citigroup lifted their price objective on APA from $15.00 to $18.00 and gave the company a "neutral" rating in a research note on Monday, May 19th. Raymond James lowered APA from a "strong-buy" rating to an "outperform" rating and reduced their target price for the stock from $45.00 to $32.00 in a report on Monday, March 10th. JPMorgan Chase & Co. reduced their target price on APA from $23.00 to $20.00 and set a "neutral" rating for the company in a report on Thursday, March 13th. Morgan Stanley lifted their target price on APA from $20.00 to $21.00 and gave the stock an "underweight" rating in a report on Friday. Finally, Piper Sandler reduced their target price on APA from $22.00 to $19.00 and set a "neutral" rating for the company in a report on Tuesday, May 13th. Four research analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $25.58.

APA Stock Up 0.7%

NASDAQ:APA traded up $0.11 during trading hours on Friday, reaching $16.85. 6,820,074 shares of the company traded hands, compared to its average volume of 7,018,209. The business's 50-day moving average price is $17.24 and its two-hundred day moving average price is $20.47. The stock has a market capitalization of $6.09 billion, a P/E ratio of 2.38 and a beta of 1.18. APA has a 1 year low of $13.58 and a 1 year high of $33.41. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 1.03.

Hedge Funds Weigh In On APA

Several large investors have recently made changes to their positions in APA. Dimensional Fund Advisors LP lifted its position in shares of APA by 46.8% in the first quarter. Dimensional Fund Advisors LP now owns 9,080,787 shares of the company's stock valued at $190,876,000 after acquiring an additional 2,894,543 shares in the last quarter. Freestone Grove Partners LP purchased a new stake in shares of APA in the fourth quarter worth about $30,767,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of APA by 29.1% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,297,871 shares of the company's stock worth $122,328,000 after buying an additional 1,195,212 shares in the last quarter. Nuveen LLC purchased a new stake in shares of APA in the first quarter worth about $22,533,000. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of APA by 8.1% in the first quarter. Charles Schwab Investment Management Inc. now owns 13,932,980 shares of the company's stock worth $292,871,000 after buying an additional 1,046,893 shares in the last quarter. 83.01% of the stock is currently owned by hedge funds and other institutional investors.

APA Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, August 22nd. Shareholders of record on Tuesday, July 22nd will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 5.93%. The ex-dividend date is Tuesday, July 22nd. APA's dividend payout ratio is presently 35.97%.

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.