APA - APA Stock Forecast, Price & News

18 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for APA in the last year. There are currently 1 sell rating, 5 hold ratings, 11 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" APA shares.
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18 equities research analysts have issued 1-year target prices for APA's shares. Their APA share price forecasts range from $38.00 to $65.00. On average, they predict the company's share price to reach $49.06 in the next twelve months. This suggests a possible upside of 38.7% from the stock's current price.
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APA's stock was trading at $46.68 at the beginning of the year. Since then, APA shares have decreased by 24.2% and is now trading at $35.38.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023.
View our APA earnings forecast.

APA Co. (NASDAQ:APA) released its quarterly earnings data on Thursday, February, 23rd. The company reported $1.48 earnings per share for the quarter, topping the consensus estimate of $1.44 by $0.04. The business had revenue of $2.47 billion for the quarter, compared to analysts' expectations of $2.37 billion. APA had a net margin of 34.14% and a trailing twelve-month return on equity of 198.44%. The company's revenue for the quarter was up 7.5% on a year-over-year basis. During the same period in the prior year, the company posted $1.29 EPS.
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APA declared a quarterly dividend on Friday, February 3rd. Investors of record on Friday, April 21st will be paid a dividend of $0.25 per share on Monday, May 22nd. This represents a $1.00 dividend on an annualized basis and a yield of 2.83%. The ex-dividend date is Thursday, April 20th.
Read our dividend analysis for APA.

ETFs with the largest weight of APA (NASDAQ:APA) stock in their portfolio include Invesco S&P 500 Equal Weight Energy ETF (RYE), First Trust Nasdaq Oil & Gas ETF (FTXN), AI Powered Equity ETF (AIEQ), Invesco DWA Energy Momentum ETF (PXI), First Trust Natural Gas ETF (FCG), LeaderShares AlphaFactor Tactical Focused ETF (LSAT), Invesco Dynamic Energy Exploration & Production ETF (PXE) and SPDR S&P Oil & Gas Exploration & Production ETF (XOP).

APA (NASDAQ:APA) pays an annual dividend of $1.00 per share and currently has a dividend yield of 2.83%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 9.26%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, APA will have a dividend payout ratio of 13.97% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for APA.

APA announced that its board has approved a share buyback program on Wednesday, September 14th 2022, which permits the company to repurchase 40,000,000 shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company's leadership believes its shares are undervalued.

111 employees have rated APA Chief Executive Officer John J. Christmann, IV on Glassdoor.com. John J. Christmann, IV has an approval rating of 29% among the company's employees. This puts John J. Christmann, IV in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. 41.0% of employees surveyed would recommend working at APA to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other APA investors own include Coty (COTY), Designer Brands (DBI), Boxlight (BOXL), Cloudera (CLDR), Invesco Mortgage Capital (IVR), Bloomin' Brands (BLMN), Carnival Co. & (CCL), Energy Transfer (ET), H&R Block (HRB) and WW International (WW).

APA trades on the NASDAQ under the ticker symbol "APA."

APA's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Harris Associates L P (3.15%), Geode Capital Management LLC (2.29%), Morgan Stanley (1.39%), LSV Asset Management (1.04%), First Trust Advisors LP (0.95%) and Charles Schwab Investment Management Inc. (0.80%). Insiders that own company stock include Chansoo Joung, Juliet S Ellis, P Anthony Lannie and Stephen J Riney.
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Shares of APA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of APA stock can currently be purchased for approximately $35.38.

APA (NASDAQ:APA) has a market capitalization of $11.00 billion and generates $12.13 billion in revenue each year. The company earns $3.67 billion in net income (profit) each year or $10.80 on an earnings per share basis.

The company employs 2,273 workers across the globe.

APA's mailing address is ONE POST OAK CENTRAL 2000 POST OAK BLVD STE 100, HOUSTON TX, 77056. The official website for the company is www.apachecorp.com. The company can be reached via phone at (713) 296-6000, via email at gary.clark@apachecorp.com, or via fax at 713-296-6455.