NASDAQ:APA APA (APA) Stock Forecast, Price & News $33.34 +0.27 (+0.82%) (As of 06/6/2023 ET) Add Compare Share Share Today's Range$32.16▼$33.4850-Day Range$31.63▼$40.7852-Week Range$30.15▼$51.95Volume4.39 million shsAverage Volume5.96 million shsMarket Capitalization$10.29 billionP/E Ratio5.42Dividend Yield3.00%Price Target$46.88 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media APA MarketRank™ ForecastAnalyst RatingModerate Buy2.59 Rating ScoreUpside/Downside40.6% Upside$46.88 Price TargetShort InterestHealthy3.59% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.03Based on 9 Articles This WeekInsider TradingN/AProj. Earnings Growth25.48%From $4.71 to $5.91 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.3.11 out of 5 starsOils/Energy Sector16th out of 242 stocksCrude Petroleum & Natural Gas Industry11th out of 77 stocks 4.3 Analyst's Opinion Consensus RatingAPA has received a consensus rating of Buy. The company's average rating score is 2.59, and is based on 9 buy ratings, 6 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $46.88, APA has a forecasted upside of 40.6% from its current price of $33.34.Amount of Analyst CoverageAPA has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.59% of the float of APA has been sold short.Short Interest Ratio / Days to CoverAPA has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in APA has recently increased by 7.94%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldAPA pays a meaningful dividend of 2.97%, 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 16.26%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, APA will have a dividend payout ratio of 16.92% 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 1.7 News and Social Media Coverage News SentimentAPA has a news sentiment score of 0.03. 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 0.64 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 9 news articles for APA this week, compared to 12 articles on an average week.Search InterestOnly 37 people have searched for APA on MarketBeat in the last 30 days. This is a decrease of -56% compared to the previous 30 days.MarketBeat Follows9 people have added APA to their MarketBeat watchlist in the last 30 days. This is an increase of 125% 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 Institutions80.79% 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 25.48% in the coming year, from $4.71 to $5.91 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of APA is 5.42, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.12.Price to Earnings Ratio vs. SectorThe P/E ratio of APA is 5.42, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 48.16.Price to Earnings Growth RatioAPA has a PEG Ratio of 6.01. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAPA has a P/B Ratio of 7.98. 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 Corp. explores for oil and natural gas through its subsidiaries. It produces oil and gas with operations in the United States, Egypt and the United Kingdom, and exploration activities offshore in Suriname. The company was founded in 1954 and is headquartered in Houston, TX.Read More 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 Stock News HeadlinesJune 5, 2023 | benzinga.comPsilocybin Therapy: Potential For Treating Alcoholism Examined In APA PublicationJune 5, 2023 | msn.comAPA Corp.'s Egypt Operations Offset By Domestic And U.K. Headwinds (Downgrade)June 6, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.June 2, 2023 | finance.yahoo.comAPA (APA) Down 0.7% Since Last Earnings Report: Can It Rebound?June 2, 2023 | finance.yahoo.comAPA Corporation (APA) Declined on Increased Volatility in Commodity MarketJune 1, 2023 | msn.comFive Austin police officers indicted for conduct in 2020 protest, police union saysJune 1, 2023 | markets.businessinsider.comAPA Group (APAJF) Receives a Buy from JardenJune 1, 2023 | americanbankingnews.comAPA Co. (NASDAQ:APA) Short Interest UpdateJune 6, 2023 | Behind the Markets (Ad)How A.I. Could Make Most 21st Century Diseases EXTINCTOn December 22, 2022, AI discovered a new treatment for multiple myeloma... in just 4 months... On March 19, 2023, AI discovered a new drug for liver cancer... in only 30 days... There's one small-cap at the center of it all. Bill Gates owns 7 million shares... Billionaire hedge-fund manager Steve Cohen owns 1.4 million shares...May 31, 2023 | msn.comFive more Austin Police officers indicted for actions during 2020 protests, APA saysMay 30, 2023 | msn.comTen ways APA says parents can protect kids while onlineMay 26, 2023 | msn.comOlivette APA shelter waiving adoption fees for bigger dogs due to shelter crowdingMay 26, 2023 | americanbankingnews.comReviewing APA (NASDAQ:APA) and Stratex Oil & Gas (OTCMKTS:STTX)May 25, 2023 | msn.comAPA Promotes Brady Torgeson, Alex Chaykin to Partner (EXCLUSIVE)May 25, 2023 | americanbankingnews.comAPA Co. (NASDAQ:APA) Plans $0.25 Quarterly DividendMay 25, 2023 | msn.comAPA (APA) Declares $0.25 DividendMay 24, 2023 | finance.yahoo.comAPA Corporation: Oil and Gas Producers: Incorporating Lower Well Costs From 2024May 23, 2023 | msn.comPine Grove native wins APA Pool ChampionshipsMay 23, 2023 | msn.comAPA declares $0.25 dividendMay 23, 2023 | americanbankingnews.comAPA (NASDAQ:APA) Price Target Cut to $37.00 by Analysts at MizuhoMay 23, 2023 | americanbankingnews.comAPA Co. (NASDAQ:APA) to Post Q3 2023 Earnings of $0.83 Per Share, Capital One Financial ForecastsMay 22, 2023 | americanbankingnews.comAPA Co. (NASDAQ:APA) Receives $47.38 Consensus PT from AnalystsMay 21, 2023 | americanbankingnews.comPiper Sandler Cuts APA (NASDAQ:APA) Price Target to $39.00May 21, 2023 | americanbankingnews.comCapital One Financial Weighs in on APA Co.'s Q2 2023 Earnings (NASDAQ:APA)May 20, 2023 | americanbankingnews.comAPA (NYSE:APA) Research Coverage Started at StockNews.comMay 20, 2023 | americanbankingnews.comStockNews.com Initiates Coverage on APA (NYSE:APA)May 19, 2023 | news.yahoo.comAPA releases new guidelines on teen social media use: What parents need to knowSee More Headlines APA Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart APA Company Calendar Ex-Dividend for 5/22 Dividend4/20/2023Last Earnings5/04/2023Dividend Payable5/22/2023Today6/06/2023Next Earnings (Estimated)8/02/2023Fiscal 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$46.88 High Stock Price Forecast$57.00 Low Stock Price Forecast$37.00 Forecasted Upside/Downside+40.6%Consensus RatingModerate Buy Rating Score (0-4)2.59 Research Coverage17 Analysts Profitability EPS (Most Recent Fiscal Year)$6.15 Trailing P/E Ratio5.42 Forward P/E Ratio7.08 P/E Growth6.01Net Income$3.67 billion Net Margins19.72% Pretax Margin41.19% Return on Equity158.38% Return on Assets17.46% Debt Debt-to-Equity Ratio4.04 Current Ratio1.11 Quick Ratio1.11 Sales & Book Value Annual Sales$12.13 billion Price / Sales0.85 Cash Flow$11.70 per share Price / Cash Flow2.85 Book Value$4.18 per share Price / Book7.98Miscellaneous Outstanding Shares308,600,000Free Float304,927,000Market Cap$10.29 billion OptionableOptionable Beta3.54 Key ExecutivesJohn J. ChristmannPresident, Chief Executive Officer & DirectorDavid Clay BretchesExecutive Vice President-OperationsStephen J. RineyChief Financial Officer & Executive Vice PresidentTravis R. OsborneVice President-Information TechnologyP. Anthony LannieExecutive Vice President & General CounselKey CompetitorsChesapeake EnergyNASDAQ:CHKOvintivNYSE:OVVEQTNYSE:EQTSasolNYSE:SSLRange ResourcesNYSE:RRCView All CompetitorsInstitutional OwnershipLevel Four Advisory Services LLCSold 413 shares on 6/5/2023Ownership: 0.002%Macquarie Group Ltd.Sold 393,162 shares on 6/1/2023Ownership: 0.418%Ontario Teachers Pension Plan BoardBought 53,300 shares on 6/1/2023Ownership: 0.033%Golden State Equity PartnersBought 8,400 shares on 6/1/2023Ownership: 0.003%ProShare Advisors LLCBought 40,456 shares on 5/26/2023Ownership: 0.037%View All Institutional Transactions APA Stock - Frequently Asked Questions Should I buy or sell APA stock right now? 17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for APA in the last year. There are currently 1 sell rating, 6 hold ratings, 9 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. View APA analyst ratings or view top-rated stocks. What is APA's stock price forecast for 2023? 17 brokerages have issued 1 year price targets for APA's stock. Their APA share price forecasts range from $37.00 to $57.00. On average, they predict the company's share price to reach $46.88 in the next twelve months. This suggests a possible upside of 40.6% 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 beginning of the year. Since then, APA shares have decreased by 28.6% and is now trading at $33.34. View the best growth stocks for 2023 here. Are investors shorting APA? APA saw a increase in short interest in May. As of May 15th, there was short interest totaling 11,010,000 shares, an increase of 7.9% from the April 30th total of 10,200,000 shares. Based on an average daily volume of 6,240,000 shares, the days-to-cover ratio is currently 1.8 days. Approximately 3.6% of the company's shares are sold short. 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, August 2nd 2023. View our APA earnings forecast. How were APA's earnings last quarter? APA Co. (NASDAQ:APA) released its quarterly earnings results on Thursday, May, 4th. The company reported $1.19 earnings per share for the quarter, topping analysts' consensus estimates of $0.98 by $0.21. The firm earned $2.03 billion during the quarter, compared to analysts' expectations of $1.84 billion. APA had a trailing twelve-month return on equity of 158.38% and a net margin of 19.72%. The company's quarterly revenue was down 47.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.92 earnings per share. How often does APA pay dividends? What is the dividend yield for APA? APA declared a quarterly dividend on Tuesday, May 23rd. Shareholders of record on Friday, July 21st will be paid a dividend of $0.25 per share on Tuesday, August 22nd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.00%. The ex-dividend date of this dividend is Thursday, July 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 Invesco S&P 500 Equal Weight Energy ETF (RYE), LeaderShares AlphaFactor Tactical Focused ETF (LSAT), First Trust Natural Gas ETF (FCG), Invesco DWA Energy Momentum ETF (PXI), Invesco Dynamic Energy Exploration & Production ETF (PXE), AXS Astoria Inflation Sensitive ETF (PPI), 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 2.97%. 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 16.26%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, APA will have a dividend payout ratio of 16.92% 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 of Directors has initiated a share repurchase program on Wednesday, September 14th 2022, which authorizes the company to buyback 40,000,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Shares buyback programs are often an indication that the company's leadership 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 retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.92%), State Street Corp (7.04%), Hotchkis & Wiley Capital Management LLC (5.54%), Harris Associates L P (3.53%), Geode Capital Management LLC (2.30%) and Pacer Advisors Inc. (1.58%). 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 $33.34. How much money does APA make? APA (NASDAQ:APA) has a market capitalization of $10.29 billion and generates $12.13 billion in revenue each year. The company earns $3.67 billion in net income (profit) each year or $6.15 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 6/6/2023 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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