Zacks Research Comments on APA's Q2 Earnings (NASDAQ:APA)

APA Corporation (NASDAQ:APA - Free Report) - Equities research analysts at Zacks Research decreased their Q2 2025 earnings per share estimates for APA in a note issued to investors on Monday, July 7th. Zacks Research analyst N. Choudhury now expects that the company will post earnings per share of $0.52 for the quarter, down from their previous estimate of $0.53. The consensus estimate for APA's current full-year earnings is $4.03 per share. Zacks Research also issued estimates for APA's Q4 2025 earnings at $0.55 EPS, FY2025 earnings at $2.73 EPS, Q1 2026 earnings at $0.58 EPS, Q3 2026 earnings at $0.62 EPS, Q4 2026 earnings at $0.52 EPS, FY2026 earnings at $2.07 EPS, Q1 2027 earnings at $0.48 EPS, Q2 2027 earnings at $0.61 EPS and FY2027 earnings at $2.40 EPS.

Several other brokerages have also issued reports on APA. Argus raised APA to a "hold" rating in a research note on Friday, May 16th. Scotiabank dropped their price target on APA from $26.00 to $14.00 and set a "sector perform" rating for the company in a research note on Friday, April 11th. Barclays set a $21.00 price target on APA and gave the stock an "equal weight" rating in a research note on Monday. Mizuho dropped their price target on APA from $20.00 to $19.00 and set an "underperform" rating for the company in a research note on Tuesday, May 13th. Finally, JPMorgan Chase & Co. dropped their price target on APA from $23.00 to $20.00 and set a "neutral" rating for the company in a research note on Thursday, March 13th. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have given a buy rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and an average target price of $24.83.

APA Price Performance

NASDAQ:APA opened at $20.50 on Wednesday. The firm has a market capitalization of $7.41 billion, a price-to-earnings ratio of 7.37, a P/E/G ratio of 6.29 and a beta of 1.25. APA has a 52-week low of $13.58 and a 52-week high of $33.41. The stock has a fifty day moving average of $18.11 and a 200 day moving average of $19.75. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.89 and a current ratio of 0.89.

APA (NASDAQ:APA - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The company reported $1.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.23. The company had revenue of $2.61 billion during the quarter, compared to analyst estimates of $2.17 billion. APA had a return on equity of 23.22% and a net margin of 9.75%. The firm's quarterly revenue was up 35.1% on a year-over-year basis. During the same quarter last year, the company earned $0.78 earnings per share.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Parallel Advisors LLC increased its holdings in APA by 40.8% during the 2nd quarter. Parallel Advisors LLC now owns 11,403 shares of the company's stock valued at $209,000 after purchasing an additional 3,306 shares during the period. Wealth Alliance Advisory Group LLC purchased a new position in APA during the 2nd quarter valued at about $376,000. Peak Financial Advisors LLC purchased a new position in APA during the 2nd quarter valued at about $480,000. Cullen Investment Group LTD. increased its holdings in APA by 5.9% during the 2nd quarter. Cullen Investment Group LTD. now owns 11,497 shares of the company's stock valued at $210,000 after purchasing an additional 637 shares during the period. Finally, Lynx Investment Advisory purchased a new position in APA during the 1st quarter valued at about $415,000. Hedge funds and other institutional investors own 83.01% of the company's stock.

APA Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 22nd. Investors of record on Tuesday, July 22nd will be issued a dividend of $0.25 per share. The ex-dividend date of this dividend is Tuesday, July 22nd. This represents a $1.00 dividend on an annualized basis and a yield of 4.88%. APA's dividend payout ratio is presently 35.97%.

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.

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