APA Stock Price, News & Analysis (NASDAQ:APA)

17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for APA in the last year. There are currently 2 sell ratings, 7 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.

17 brokers have issued 12-month target prices for APA's shares. Their APA share price targets range from $30.00 to $59.00. On average, they expect the company's stock price to reach $46.47 in the next twelve months. This suggests a possible upside of 36.6% from the stock's current price.
View analysts price targets for APA or view top-rated stocks among Wall Street analysts.

APA's stock was trading at $46.68 on January 1st, 2023. Since then, APA shares have decreased by 27.1% and is now trading at $34.03.
View the best growth stocks for 2023 here.

APA saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 8,540,000 shares, an increase of 16.5% from the October 31st total of 7,330,000 shares. Based on an average trading volume of 3,740,000 shares, the days-to-cover ratio is currently 2.3 days. Currently, 2.8% of the shares of the company are short sold.
View APA's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 28th 2024.
View our APA earnings forecast.

APA Co. (NASDAQ:APA) posted its earnings results on Thursday, November, 2nd. The company reported $1.33 EPS for the quarter, beating analysts' consensus estimates of $1.08 by $0.25. The company had revenue of $2.31 billion for the quarter, compared to analysts' expectations of $2.02 billion. APA had a net margin of 17.62% and a trailing twelve-month return on equity of 92.51%. APA's quarterly revenue was down 20.1% compared to the same quarter last year. During the same period in the prior year, the company earned $1.97 EPS.
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APA declared a quarterly dividend on Tuesday, September 12th. Stockholders 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 2.94%. The ex-dividend date is Friday, October 20th.
Read our dividend analysis for APA.

APA (NASDAQ:APA) pays an annual dividend of $1.00 per share and currently has a dividend yield of 2.76%. 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 20.49%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, APA will have a dividend payout ratio of 15.43% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for APA.

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).

APA announced that its board has approved a share buyback plan on Wednesday, September 14th 2022, which allows the company to repurchase 40,000,000 outstanding shares, according to EventVestor. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's board of directors 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's stock is owned by a number of retail and institutional investors. Top institutional investors include Harris Associates L P (4.35%), Invesco Ltd. (4.02%), Smead Capital Management Inc. (1.50%), Morgan Stanley (1.35%), Northern Trust Corp (1.30%) and Bank of New York Mellon Corp (0.97%). Insiders that own company stock include Chansoo Joung, Juliet S Ellis, P Anthony Lannie and Stephen J Riney.
View institutional ownership trends.

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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