NASDAQ:APA

APA - APA Stock Forecast, Price & News

$33.63

+0.41 (+1.23%)

(As of 08/17/2022 12:00 AM ET)

Add

Compare

Today's Range: $32.80
▼
$33.95
50-Day Range: $30.68
▼
$37.17
52-Week Range: $15.55
▼
$51.95

Volume: 6.80 million shs
Average Volume: 9.24 million shs
Market Capitalization: $10.98 billion

P/E Ratio: 3.78
Dividend Yield: 1.51%
Price Target: $50.25

APA MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.87 Rating Score
Upside/Downside: 49.4% Upside
$50.25 Price Target
Short Interest: Healthy
2.52% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.24
Based on 17 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 3.09%
From $9.39 to $9.68 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.39 out of 5 stars

Oils/Energy Sector

2nd out of 257 stocks

Crude Petroleum & Natural Gas Industry

1st out of 83 stocks

4.4

Analyst's Opinion

Consensus Rating
APA has received a consensus rating of Buy. The company's average rating score is 2.87, and is based on 11 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $50.25, APA has a forecasted upside of 49.4% from its current price of $33.63.
Amount of Analyst Coverage
APA has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

5.0

Short Interest

Percentage of Shares Shorted
2.52% of the float of APA has been sold short.
Short Interest Ratio / Days to Cover
APA has a short interest ratio ("days to cover") of 1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in APA has recently decreased by 15.52%, indicating that investor sentiment is improving significantly.

2.5

Dividend Strength

Dividend Yield
APA pays a meaningful dividend of 1.51%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
APA has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of APA is 5.62%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, APA will have a dividend payout ratio of 5.17% next year. This indicates that APA will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for APA.

1.8

News and Social Media Coverage

News Sentiment
APA has a news sentiment score of 0.24. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.49 average news sentiment score of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 17 news articles for APA this week, compared to 11 articles on an average week.
Search Interest
Only 57 people have searched for APA on MarketBeat in the last 30 days. This is a decrease of -15% compared to the previous 30 days.
MarketBeat Follows
Only 15 people have added APA to their MarketBeat watchlist in the last 30 days. This is a decrease of -17% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, APA insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.05% of the stock of APA is held by insiders.
Percentage Held by Institutions
84.08% of the stock of APA is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for APA are expected to grow by 3.09% in the coming year, from $9.39 to $9.68 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of APA is 3.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.14.
Price to Earnings Ratio vs. Sector
The P/E ratio of APA is 3.78, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 40.56.
Price to Earnings Growth Ratio
APA has a PEG Ratio of 0.13. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
APA has a P/B Ratio of 7.30. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About APA (NASDAQ:APA) Stock

APA Corporation, through its subsidiaries, explores for, develops, and produces oil and gas properties. It has operations in the United States, Egypt, and the United Kingdom, as well as has exploration activities offshore Suriname. The company also operates gathering, processing, and transmission assets in West Texas, as well as holds ownership in four Permian-to-Gulf Coast pipelines. APA Corporation was founded in 1954 and is based in Houston, Texas.

APA Stock Up 1.2 %

APA Stock traded up $0.41 during trading hours on Wednesday, hitting $33.63. The company had a trading volume of 6,798,470 shares, compared to its average volume of 9,242,646. The firm has a market capitalization of $10.98 billion, a P/E ratio of 3.78, a price-to-earnings-growth ratio of 0.13 and a beta of 3.90. The company has a debt-to-equity ratio of 3.43, a current ratio of 1.10 and a quick ratio of 1.10. The firm's fifty day moving average is $33.74 and its 200-day moving average is $38.73. APA has a fifty-two week low of $15.55 and a fifty-two week high of $51.95.

APA (NASDAQ:APA - Get Rating) last released its quarterly earnings data on Wednesday, August 3rd. The company reported $2.37 earnings per share for the quarter, meeting the consensus estimate of $2.37. The firm had revenue of $3.05 billion for the quarter, compared to analyst estimates of $2.77 billion. APA had a net margin of 32.57% and a return on equity of 622.55%. On average, research analysts forecast that APA will post 9.39 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. Raymond James upped their price target on shares of APA from $59.00 to $75.00 and gave the stock a "strong-buy" rating in a research note on Monday, April 25th. Susquehanna cut their target price on shares of APA from $52.00 to $49.00 and set a "positive" rating for the company in a research note on Friday, August 5th. Bank of America cut their target price on shares of APA from $68.00 to $63.00 and set a "buy" rating for the company in a research note on Tuesday, July 19th. Mizuho cut their target price on shares of APA from $60.00 to $56.00 in a research note on Tuesday, July 19th. Finally, Susquehanna Bancshares cut their target price on shares of APA from $52.00 to $49.00 and set a "positive" rating for the company in a research note on Friday, August 5th. Three research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $50.25.

Receive APA Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for APA and its competitors with MarketBeat's FREE daily newsletter.

APA Stock News Headlines

August 11, 2022 | markets.businessinsider.com

New APA Poll: American Adults Largely Support Mental Health Programming in Schools

August 10, 2022 | benzinga.com

What Are Whales Doing With APA - Benzinga

August 18, 2022 | Investing Daily (Ad)

27 U.S. Cities Where Stocks Yield 26% a Year

What’s the highest-yielding stock you’ve ever owned? The dividends for these stocks have risen so fast over the years that they’re now yielding us an average of 26%! When you start getting paid 26% on your money, your financial problems tend to pretty much evaporate.

August 10, 2022 | finance.yahoo.com

APA Meets on Q2 Earnings, Buys Assets, Lowers Output View

August 10, 2022 | seekingalpha.com

APA Corporation's Blowout Q2 Earnings And Low Price Spell Opportunity (NASDAQ:APA) - Seeking Alpha

August 9, 2022 | americanbankingnews.com

FY2022 EPS Estimates for APA Co. Lowered by Capital One Financial (NASDAQ:APA)

August 9, 2022 | americanbankingnews.com

APA (NYSE:APA) Raised to "Strong-Buy" at StockNews.com

August 8, 2022 | msn.com

Russell Hornsby Signs With APA, Reunites With Agent Andrew Rogers

August 18, 2022 | Legacy Research (Affiliate) (Ad)

Trading Millionaire Reveals, “2008 Was My Most Profitable Year”

Jeff Clark IGNORES 99% of the entire stock market… And still delivers 100%, 373%, and 390% gains in just 8 days in bullish AND bearish markets. He’s used this secret to help 170,000 regular folks see triple-digit gains over 48 times and double-digit gains over 81 different times. Now it’s your turn.

August 8, 2022 | americanbankingnews.com

Susquehanna Bancshares Cuts APA (NASDAQ:APA) Price Target to $49.00

August 7, 2022 | americanbankingnews.com

APA (NYSE:APA) PT Lowered to $49.00

August 7, 2022 | americanbankingnews.com

APA (NASDAQ:APA) Price Target Cut to $49.00

August 6, 2022 | americanbankingnews.com

APA (NASDAQ:APA) Trading Down 7.8% on Disappointing Earnings

August 6, 2022 | au.finance.yahoo.com

APA Aims to Reward Shareholders Over 50% of Free Cash Flow by Year-end - Yahoo Finance Australia

August 5, 2022 | benzinga.com

APA Whale Trades For August 05

August 5, 2022 | finance.yahoo.com

APA Aims to Reward Shareholders Over 50% of Free Cash Flow by Year-end

August 5, 2022 | finance.yahoo.com

APA Corporation: Slight Downward Shift in Oil Prices Translates to Minor Fair Value Estimate Reduction for APA Corp.

August 4, 2022 | greenwichtime.com

APA: Q2 Earnings Snapshot - Greenwich Time

August 4, 2022 | seekingalpha.com

APA Corp (APA) CEO John Christmann on Q2 2022 Results - Earnings Call Transcript

August 4, 2022 | markets.businessinsider.com

Newport Healthcare Takes the Stage at APA 2022 Convention

August 4, 2022 | streetinsider.com

Form 8-K APA Corp For: Aug 03 - StreetInsider.com

August 4, 2022 | investing.com

APA Corporation Misses Q2 EPS by 6c By Investing.com - Investing.com

August 4, 2022 | seekingalpha.com

APA Non-GAAP EPS of $2.37 beats by $0.02, revenue of $3.05B beats by $420M (NASDAQ:APA) - Seeking Alpha

August 3, 2022 | seekingalpha.com

APA Corp. posts Q2 earnings beat, buys Permian Basin assets for $505M

August 3, 2022 | reuters.com

APA Corp buys West Texas oil producing land for $505 mln

August 3, 2022 | msn.com

Oil producer APA's second-quarter profit nearly triples

August 3, 2022 | benzinga.com

Recap: APA Q2 Earnings - Benzinga

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

Receive APA Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for APA and its competitors with MarketBeat's FREE daily newsletter.

APA Company Calendar

Ex-Dividend for 5/23 Dividend: 4/21/2022
Dividend Payable: 5/23/2022
Ex-Dividend for 8/22 Dividend: 7/21/2022
Last Earnings: 8/03/2022
Today: 8/17/2022
Dividend Payable: 8/22/2022
Next Earnings (Estimated): 11/02/2022
Fiscal Year End: 12/31/2022

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Crude petroleum & natural gas
Sub-Industry: N/A
Sector: Oils/Energy
Current Symbol: NASDAQ:APA
CUSIP: N/A
CIK: 1841666
Web: www.apachecorp.com
Phone: (713) 296-6000
Fax: 713-296-6455
Employees: 2,253
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $50.25
High Stock Price Forecast: $75.00
Low Stock Price Forecast: $23.00
Forecasted Upside/Downside: +49.4%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.87
Research Coverage: 15 Analysts

Profitability

EPS (Most Recent Fiscal Year): $8.89
Trailing P/E Ratio: 3.78
Forward P/E Ratio: 3.58
P/E Growth: 0.13
Net Income: $973 million
Net Margins: 32.57%
Pretax Margin: 46.93%
Return on Equity: 622.55%
Return on Assets: 17.83%

Debt

Debt-to-Equity Ratio: 3.43
Current Ratio: 1.10
Quick Ratio: 1.10

Sales & Book Value

Annual Sales: $7.99 billion
Price / Sales: 1.38
Cash Flow: $7.78 per share
Price / Cash Flow: 4.32
Book Value: $4.61 per share
Price / Book: 7.30

Miscellaneous

Outstanding Shares: 326,530,000
Free Float: 323,101,000
Market Cap: $10.98 billion
Optionable: Optionable
Beta: 3.90

Key Executives

Mr. John J. Christmann IV (Age 55)
CEO, Pres & Director
Comp: $4.44M
Mr. Stephen J. Riney (Age 61)
Exec. VP & CFO
Comp: $2.28M
Mr. David Clay Bretches (Age 57)
Exec. VP of Operations
Comp: $1.94M
Mr. P. Anthony Lannie (Age 68)
Exec. VP & Gen. Counsel
Comp: $1.75M
Mr. David Alan Pursell (Age 56)
Exec. VP of Devel.
Comp: $1.82M
Ms. Rebecca A. Hoyt (Age 58)
Sr. VP, Chief Accounting Officer & Controller
Mr. Mark D. Maddox (Age 55)
Sr. VP of Admin.
Mr. Gary Thomas Clark (Age 51)
VP of Investor Relations
Ms. Castlen Kennedy (Age 43)
VP of Corp. Communications & Public Affairs
Mr. Ben C. Rodgers (Age 42)
Sr. VP of Midstream and Marketing & Treasurer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

APA Stock - Frequently Asked Questions

Should I buy or sell APA stock right now?: 15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for APA in the last twelve months. There are currently 3 hold ratings, 11 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" APA shares.
View APA analyst ratings or view top-rated stocks.
What is APA's stock price forecast for 2022?: 15 brokers have issued 1-year price targets for APA's shares. Their APA share price forecasts range from $23.00 to $75.00. On average, they expect the company's share price to reach $50.25 in the next year. This suggests a possible upside of 49.4% from the stock's current price.
View analysts price targets for APA or view top-rated stocks among Wall Street analysts.
How have APA shares performed in 2022?: APA's stock was trading at $26.89 at the beginning of the year. Since then, APA shares have increased by 25.1% and is now trading at $33.63.
View the best growth stocks for 2022 here.
When is APA's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our APA earnings forecast.
How were APA's earnings last quarter?: APA Co. (NASDAQ:APA) issued its quarterly earnings results on Wednesday, August, 3rd. The company reported $2.37 earnings per share for the quarter, hitting analysts' consensus estimates of $2.37. The business had revenue of $3.05 billion for the quarter, compared to analysts' expectations of $2.77 billion. APA had a trailing twelve-month return on equity of 622.55% and a net margin of 32.57%.
Read the conference call transcript.
How often does APA pay dividends? What is the dividend yield for APA?: APA declared a quarterly dividend on Thursday, May 12th. Shareholders of record on Friday, July 22nd will be given a dividend of $0.125 per share on Monday, August 22nd. This represents a $0.50 annualized dividend and a yield of 1.49%. The ex-dividend date is Thursday, July 21st.
Read our dividend analysis for APA.
Is APA a good dividend stock?: APA (NASDAQ:APA) pays an annual dividend of $0.50 per share and currently has a dividend yield of 1.51%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 5.62%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, APA will have a dividend payout ratio of 5.17% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for APA.

What is John J. Christmann, IV's approval rating as APA's CEO?: 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.
What other stocks do shareholders of APA own?: 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).
What is APA's stock symbol?: APA trades on the NASDAQ under the ticker symbol "APA."
Who are APA's major shareholders?: APA's stock is owned by a number of retail and institutional investors. Top institutional investors include State Street Corp (7.00%), FMR LLC (1.56%), Price T Rowe Associates Inc. MD (1.31%), Northern Trust Corp (1.28%), UBS Asset Management Americas Inc. (0.95%) and Renaissance Technologies LLC (0.90%). Insiders that own company stock include Chansoo Joung, Juliet S Ellis, P Anthony Lannie, Stephen J Riney and Wheals Rob.
View institutional ownership trends.
How do I buy shares of APA?: 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.
Compare Top Brokerages Here.
What is APA's stock price today?: One share of APA stock can currently be purchased for approximately $33.63.
How much money does APA make?: APA (NASDAQ:APA) has a market capitalization of $10.98 billion and generates $7.99 billion in revenue each year. The company earns $973 million in net income (profit) each year or $8.89 on an earnings per share basis.
How many employees does APA have?: The company employs 2,253 workers across the globe.
How can I contact APA?: 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.

This page (NASDAQ:APA) was last updated on 8/18/2022 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here

APA - APA Stock Forecast, Price & News

APA MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month