NASDAQ:APA APA (APA) Stock Forecast, Price & News $40.22 +0.08 (+0.20%) (As of 09/22/2023 ET) Add Compare Share Share Today's Range$40.07▼$41.0450-Day Range$36.33▼$45.3252-Week Range$30.67▼$50.58Volume2.20 million shsAverage Volume3.82 million shsMarket Capitalization$12.36 billionP/E Ratio8.61Dividend Yield2.49%Price Target$47.57 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media APA MarketRank™ ForecastAnalyst RatingHold2.47 Rating ScoreUpside/Downside18.3% Upside$47.57 Price TargetShort InterestHealthy2.49% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.21Based on 32 Articles This WeekInsider TradingN/AProj. Earnings Growth35.92%From $4.51 to $6.13 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.05 out of 5 starsOils/Energy Sector31st out of 243 stocksCrude Petroleum & Natural Gas Industry20th out of 79 stocks 3.2 Analyst's Opinion Consensus RatingAPA has received a consensus rating of Hold. The company's average rating score is 2.47, and is based on 7 buy ratings, 5 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $47.57, APA has a forecasted upside of 18.3% from its current price of $40.22.Amount of Analyst CoverageAPA has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.49% of the float of APA has been sold short.Short Interest Ratio / Days to CoverAPA has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in APA has recently decreased by 7.08%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldAPA pays a meaningful dividend of 2.49%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthAPA has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of APA is 21.41%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, APA will have a dividend payout ratio of 16.31% next year. This indicates that APA will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for APA. Previous Next 2.3 News and Social Media Coverage News SentimentAPA has a news sentiment score of 0.21. 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 0.70 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 32 news articles for APA this week, compared to 10 articles on an average week.Search InterestOnly 18 people have searched for APA on MarketBeat in the last 30 days. This is a decrease of -31% compared to the previous 30 days.MarketBeat Follows12 people have added APA to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, APA insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.19% of the stock of APA is held by insiders.Percentage Held by Institutions80.48% of the stock of APA is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for APA are expected to grow by 35.92% in the coming year, from $4.51 to $6.13 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of APA is 8.61, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 114.34.Price to Earnings Ratio vs. SectorThe P/E ratio of APA is 8.61, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 9.38.Price to Earnings Growth RatioAPA has a PEG Ratio of 7.49. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAPA has a P/B Ratio of 9.62. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About APA (NASDAQ:APA) StockAPA Corporation, through its subsidiaries, explores for, develops, and produces natural gas, crude oil, and natural gas liquids. 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, compression, processing, and transmission assets in West Texas, as well as holds ownership in four Permian Basin long-haul pipeline. APA Corporation was founded in 1954 and is based in Houston, Texas.Read More APA Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart APA Stock News HeadlinesSeptember 23, 2023 | americanbankingnews.comZacks Research Comments on APA Co.'s Q2 2025 Earnings (NASDAQ:APA)September 22, 2023 | msn.comOops. Trump Shared Website Linking the January 6th Riot to Election Misinformation.September 24, 2023 | The Oxford Club (Ad)He's Giving Away His Ultimate Dividend Package FOR FREE!Marc Lichtenfeld, Author of Get Rich with Dividends, is giving away his Ultimate Dividend Package, Including Details on His #1 Dividend Stock... the Safest 8% Dividend in the World... the Top Three "Extreme Dividend" Stocks... and Much, Much More. For Free. September 22, 2023 | americanbankingnews.comAPA Co. Forecasted to Earn Q3 2023 Earnings of $0.96 Per Share (NASDAQ:APA)September 21, 2023 | marketwatch.comAPA Corp. stock falls Thursday, underperforms marketSeptember 21, 2023 | bizjournals.comGreensboro planning director elected to presidency of national organizationSeptember 21, 2023 | msn.comAustin Pets Alive! rescues lab with 'horrific' tail amputationSeptember 21, 2023 | americanbankingnews.comAPA Co. (NASDAQ:APA) Short Interest UpdateSeptember 24, 2023 | Chaikin Analytics (Ad)Buy This Stock for AI Tidal Wave (not NVDA)The internet boom made more millionaires than any tech - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.September 21, 2023 | americanbankingnews.comAPA Co. (NASDAQ:APA) Given Consensus Recommendation of "Hold" by BrokeragesSeptember 20, 2023 | msn.comSecurity guard at Austin hotel severely injured in machete attack, police union saysSeptember 20, 2023 | seekingalpha.comAPA Corporation: Playing The Block-58 Waiting GameSeptember 19, 2023 | finance.yahoo.comAPA Group's (ASX:APA) top owners are individual investors with 59% stake, while 41% is held by institutionsSeptember 19, 2023 | msn.comOne dead, 20 injured as bus coach crashes in AustriaSeptember 19, 2023 | abcnews.go.comA bus coach crashes in Austria, killing a woman and injuring 20 othersSeptember 19, 2023 | foxnews.com1 dead, 20 injured in Austria after Italy-bound double-decker bus overturnsSeptember 19, 2023 | americanbankingnews.comAPA (NASDAQ:APA) PT Raised to $49.00September 18, 2023 | marketwatch.comAPA Corp. stock rises Monday, outperforms marketSeptember 18, 2023 | msn.comW.Va. attorney law license suspended, removed from APA positionSeptember 16, 2023 | finance.yahoo.comAPA (NASDAQ:APA) Has Affirmed Its Dividend Of $0.25September 16, 2023 | americanbankingnews.comAPA's (APA) "Buy" Rating Reaffirmed at BenchmarkSeptember 14, 2023 | benzinga.comTotalEnergies Eyes $9B Oil Venture In Block 58 Offshore Suriname, Production To Begin In 2028September 14, 2023 | markets.businessinsider.comBank of America Securities Sticks to Its Buy Rating for APA (APA)September 14, 2023 | msn.comBenchmark Reiterates APA (APA) Buy RecommendationSeptember 14, 2023 | markets.businessinsider.comBenchmark Co. Keeps Their Buy Rating on APA (APA)September 13, 2023 | finance.yahoo.comAPA Corp. Declares Regular Cash DividendSeptember 13, 2023 | msn.comAPA Corp.: Suriname Is Looking GoodSee More Headlines 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. Email Address APA Company Calendar Ex-Dividend for 8/22 Dividend7/20/2023Last Earnings8/03/2023Dividend Payable8/22/2023Today9/24/2023Ex-Dividend for 11/22 Dividend10/20/2023Next Earnings (Estimated)11/01/2023Dividend Payable11/22/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Crude petroleum & natural gas Sub-IndustryN/A SectorOils/Energy Current SymbolNASDAQ:APA CUSIPN/A CIK1841666 Webwww.apachecorp.com Phone(713) 296-6000Fax713-296-6455Employees2,273Year FoundedN/APrice Target and Rating Average Stock Price Forecast$47.57 High Stock Price Forecast$59.00 Low Stock Price Forecast$30.00 Forecasted Upside/Downside+18.3%Consensus RatingHold Rating Score (0-4)2.47 Research Coverage15 Analysts Profitability EPS (Most Recent Fiscal Year)$4.67 Trailing P/E Ratio8.61 Forward P/E Ratio8.92 P/E Growth7.49Net Income$3.67 billion Net Margins16.14% Pretax Margin37.78% Return on Equity117.05% Return on Assets13.25% Debt Debt-to-Equity Ratio3.29 Current Ratio0.99 Quick Ratio0.99 Sales & Book Value Annual Sales$12.13 billion Price / Sales1.02 Cash Flow$11.79 per share Price / Cash Flow3.41 Book Value$4.18 per share Price / Book9.62Miscellaneous Outstanding Shares307,270,000Free Float303,609,000Market Cap$12.36 billion OptionableOptionable Beta3.53 Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. John J. Christmann IV (Age 56)CEO, Pres & Director Comp: $4.32MMr. Stephen J. Riney (Age 62)Exec. VP & CFO Comp: $2.27MMr. David Clay Bretches (Age 58)Exec. VP of Operations Comp: $1.86MMr. P. Anthony Lannie (Age 69)Exec. VP & Gen. Counsel Comp: $1.75MMr. David Alan Pursell (Age 57)Exec. VP of Devel. Comp: $1.83MMs. Rebecca A. Hoyt (Age 59)Sr. VP, Chief Accounting Officer & Controller Mr. Mark D. Maddox (Age 56)Exec. VP of Admin. Mr. Gary Thomas Clark (Age 52)VP of Investor Relations Ms. Castlen Kennedy (Age 44)VP of Corp. Communications & Public Affairs Mr. Ben C. Rodgers (Age 43)Sr. VP of Midstream and Marketing & Treasurer More ExecutivesKey CompetitorsChesapeake EnergyNASDAQ:CHKEQTNYSE:EQTMarathon OilNYSE:MROSasolNYSE:SSLAntero ResourcesNYSE:ARView All CompetitorsInstitutional OwnershipWolverine Trading LLCSold 249,200 shares on 8/23/2023Ownership: 0.000%Virginia Retirement Systems ET ALBought 514,024 shares on 8/22/2023Ownership: 0.167%Segment Wealth Management LLCBought 50,000 shares on 8/22/2023Ownership: 0.016%California State Teachers Retirement SystemSold 26,564 shares on 8/21/2023Ownership: 0.157%Osaic Holdings Inc.Sold 31,485 shares on 8/21/2023Ownership: 0.033%View All Institutional Transactions APA Stock - Frequently Asked Questions Should I buy or sell APA stock right now? 15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for APA in the last twelve months. There are currently 2 sell ratings, 5 hold ratings, 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" APA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in APA, but not buy additional shares or sell existing shares. View APA analyst ratings or view top-rated stocks. What is APA's stock price forecast for 2023? 15 Wall Street analysts have issued 12-month price objectives for APA's stock. Their APA share price forecasts range from $30.00 to $59.00. On average, they predict the company's stock price to reach $47.57 in the next year. This suggests a possible upside of 18.3% 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 2023? APA's stock was trading at $46.68 at the start of the year. Since then, APA shares have decreased by 13.8% and is now trading at $40.22. View the best growth stocks for 2023 here. Are investors shorting APA? APA saw a drop in short interest in August. As of August 31st, there was short interest totaling 7,610,000 shares, a drop of 7.1% from the August 15th total of 8,190,000 shares. Based on an average trading volume of 4,420,000 shares, the short-interest ratio is presently 1.7 days. Currently, 2.5% of the shares of the stock are short sold. View APA's Short Interest. When is APA's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023. View our APA earnings forecast. How were APA's earnings last quarter? APA Co. (NASDAQ:APA) announced its quarterly earnings data on Thursday, August, 3rd. The company reported $0.85 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.66 by $0.19. The firm earned $1.80 billion during the quarter, compared to analyst estimates of $1.74 billion. APA had a trailing twelve-month return on equity of 117.05% and a net margin of 16.14%. The firm's quarterly revenue was down 41.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.37 EPS. Read the conference call transcript. How often does APA pay dividends? What is the dividend yield for APA? APA declared a quarterly dividend on Tuesday, September 12th. Shareholders of record on Monday, October 23rd will be given a dividend of $0.25 per share on Wednesday, November 22nd. This represents a $1.00 annualized dividend and a yield of 2.49%. The ex-dividend date is Friday, October 20th. Read our dividend analysis for APA. What ETFs hold APA's stock? ETFs with the largest weight of APA (NASDAQ:APA) stock in their portfolio include Noble Absolute Return ETF (NOPE), Invesco Energy Exploration & Production ETF (PXE), Invesco S&P 500 Equal Weight Energy ETF (RSPG), Invesco S&P 500 Equal Weight Energy ETF (RYE), LeaderShares AlphaFactor Tactical Focused ETF (LSAT), First Trust Natural Gas ETF (FCG), SPDR S&P Oil & Gas Exploration & Production ETF (XOP) and First Trust Nasdaq Oil & Gas ETF (FTXN). Is APA a good dividend stock? APA (NASDAQ:APA) pays an annual dividend of $1.00 per share and currently has a dividend yield of 2.49%. 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 21.41%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, APA will have a dividend payout ratio of 16.31% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for APA. How will APA's stock buyback program work? APA announced that its board has initiated a share buyback plan on Wednesday, September 14th 2022, which allows the company to buyback 40,000,000 shares, according to EventVestor. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Shares buyback plans are generally a sign that the company's board of directors believes its stock is undervalued. 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 variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.91%), State Street Corp (6.69%), Hotchkis & Wiley Capital Management LLC (6.11%), Harris Associates L P (4.35%), Geode Capital Management LLC (2.28%) and Northern Trust Corp (1.32%). Insiders that own company stock include Chansoo Joung, Juliet S Ellis, P Anthony Lannie and Stephen J Riney. 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 $40.22. How much money does APA make? APA (NASDAQ:APA) has a market capitalization of $12.36 billion and generates $12.13 billion in revenue each year. The company earns $3.67 billion in net income (profit) each year or $4.67 on an earnings per share basis. How many employees does APA have? The company employs 2,273 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 9/24/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding APA Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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