APA Corporation (APA)

NASDAQ: APA · IEX Real-Time Price · USD
35.88
-0.22 (-0.61%)
Dec 29, 2023, 4:00 PM EST - Market closed
-0.61%
Market Cap 11.01B
Revenue (ttm) 8.68B
Net Income (ttm) 1.53B
Shares Out 306.72M
EPS (ttm) 5.01
PE Ratio 7.16
Forward PE 5.65
Dividend $1.00 (2.79%)
Ex-Dividend Date Jan 19, 2024
Volume 3,671,166
Open 36.31
Previous Close 36.10
Day's Range 35.77 - 36.35
52-Week Range 30.67 - 46.98
Beta 3.32
Analysts Buy
Price Target 45.94 (+28.04%)
Earnings Date Feb 21, 2024

About APA

APA 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]

Industry Oil & Gas E&P
Sector Energy
Founded 1954
Employees 2,273
Stock Exchange NASDAQ
Ticker Symbol APA
Full Company Profile

Financial Performance

In 2022, APA's revenue was $12.13 billion, an increase of 53.03% compared to the previous year's $7.93 billion. Earnings were $3.67 billion, an increase of 277.60%.

Financial Statements

Analyst Forecast

According to 18 analysts, the average rating for APA stock is "Buy." The 12-month stock price forecast is $45.94, which is an increase of 28.04% from the latest price.

Price Target
$45.94
(28.04% upside)
Analyst Consensus: Buy
Stock Forecasts

News

S&P 500 Stocks With the Most Upside

Wall Street analysts forecast these names to deliver the biggest price gains in the S&P 500 over the next 12 months.

5 days ago - Kiplinger

APA Corporation Declares Cash Dividend on Common Shares

HOUSTON, Dec. 12, 2023 (GLOBE NEWSWIRE) -- The board of directors of APA Corporation (Nasdaq: APA) has declared a regular cash dividend on the company's common shares.

19 days ago - GlobeNewsWire

Apache Corporation Partners with Borderlands Research Institute on Well Pad Restoration Research Project in the Permian Basin

HOUSTON, Dec. 11, 2023 (GLOBE NEWSWIRE) -- Apache Corporation (Nasdaq: APA) today announced a partnership with the Borderlands Research Institute (BRI) at Sul Ross State University in Alpine, Texas, t...

20 days ago - GlobeNewsWire

Oil producer APA beats third-quarter profit estimates

APA Corp on Wednesday beat Wall Street estimates for third-quarter profit as the U.S. shale producer benefited from a rise in production and healthy crude prices.

2 months ago - Reuters

APA Corporation Announces Third-Quarter 2023 Financial and Operational Results

HOUSTON, Nov. 01, 2023 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today announced third-quarter 2023 results. Results can be found on the company's website by visiting www.apacorp.com or invest...

2 months ago - GlobeNewsWire

Apache Corporation Tree Grant Program Announces 2023 Recipients

More than 5 million trees have been planted since the program's inaugural season in 2005 More than 5 million trees have been planted since the program's inaugural season in 2005

2 months ago - GlobeNewsWire

Bill Smead Says Restricting Oil Supply Will Only Drive Prices Up

In an interview on Friday, Bill Smead, the chief investment officer of Smead Capital, spoke with CNBC's “The Exchange” about Exxon Mobil Corp.'s (XOM, Financial) potential $60 billion takeover of Pion...

Other symbols: COPDVNOVVOXYPXDXOM
2 months ago - GuruFocus

APA Corporation Provides Third-Quarter 2023 Supplemental Information and Schedules Results Conference Call for Nov. 2 at 10 a.m. Central Time

HOUSTON, Oct. 05, 2023 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today provided supplemental information regarding certain third-quarter 2023 financial and operational results. This informatio...

3 months ago - GlobeNewsWire

APA Corporation Reduces Methane Emissions by Converting More Than 2,000 Pneumatic Devices in the U.S. to Lower Emitting Technologies

HOUSTON, Oct. 03, 2023 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today announced the achievement of an environmental, social and governance (ESG) goal to convert more than 2,000 pneumatic devi...

3 months ago - GlobeNewsWire

Oil and Gas Stocks Topped S&P 500 Returns This Quarter as Crude Prices Surged

Oil and gas companies featured heavily in the list of top-performing S&P 500 companies in the third quarter, as rising crude prices lifted the outlook for profits.

Other symbols: CEGHALMPCPSXSLBVLO
3 months ago - Investopedia

APA Corporation and TotalEnergies Announce Oil Project of 200,000 b/d in Block 58 and Launch Development Studies with the Objective of Sanctioning the Project by Year-end 2024

HOUSTON, Sept. 13, 2023 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) and TotalEnergies have announced the launching of development studies for a large oil project in Block 58, offshore Suriname. ...

3 months ago - GlobeNewsWire

Final Trade: APA, SLB, TLT, RIVN

The final trades of the day with the Fast Money traders.

Other symbols: SLBTLTRIVN
4 months ago - CNBC Television

U.S. energy stocks are back on top as sector leads Wall Street for first time since last year

U.S. energy stocks have zoomed higher in August, reclaiming their spot as the undisputed market leader for the first time since late 2022, when the sector was among the few plays that worked during a ...

Other symbols: XOM
5 months ago - Market Watch

10 Best Natural Gas Stocks to Buy Now

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.

Other symbols: CTRAARCHKDVNEQTLNGRRC
5 months ago - MarketBeat

U.S. oil producer APA quarterly profit tumbles 59%

U.S. oil producer APA Corp reported a 59% slide in second-quarter profit on Wednesday, hurt by lower energy prices.

5 months ago - Reuters

APA Corporation Announces Second-Quarter 2023 Financial and Operational Results

HOUSTON, Aug. 02, 2023 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today announced second-quarter 2023 results. Results can be found on the company's website by visiting www.apacorp.com or inves...

5 months ago - GlobeNewsWire

Energy Transition and Emerging Technology Companies are Set to Present at the 28th Annual EnerCom Denver - The Energy Investment Conference, to be held August 13-16, 2023, in Denver, Colorado

Presentation Times and Schedule for All Participating Companies Now Posted on the Conference Website   www.enercomdenver.com  – Presenting Companies Continue to be Added Investor One-on-One Meeting Re...

5 months ago - PRNewsWire

APA Corporation Publishes 2023 Sustainability Report

HOUSTON, July 11, 2023 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today published its 2023 Sustainability Report. Highlights from the report include the achievement of key Environmental, Social...

6 months ago - GlobeNewsWire

APA Corporation Provides Second-Quarter 2023 Supplemental Information and Schedules Results Conference Call for August 3 at 10 a.m. Central Time

HOUSTON, July 10, 2023 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today provided supplemental information regarding certain second-quarter 2023 financial and operational results. This informati...

6 months ago - GlobeNewsWire

APA Corporation Announces Appointment of Scott Grandt as Senior Vice President, Corporate Development

HOUSTON, June 14, 2023 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq:APA) today announced Scott Grandt has been named senior vice president, Corporate Development; effective June 12.

7 months ago - GlobeNewsWire

Apache Corporation Tree Grant Program Opens Applications for 2023-2024 Planting Season

HOUSTON, June 13, 2023 (GLOBE NEWSWIRE) -- Apache Corporation, a subsidiary of APA Corporation (Nasdaq: APA), today announced the opening of the Apache Corporation Tree Grant Program application for t...

7 months ago - GlobeNewsWire

US Equities Mixed at Midday as Energy Stocks Gain

U.S. equities were mixed at midday on Wednesday, June 7, 2023, as tech and communication stocks weighed on the major indexes.

7 months ago - Investopedia

APA Corporation Announces First-Quarter 2023 Financial and Operational Results

HOUSTON, May 03, 2023 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today announced first-quarter 2023 results. Results can be found on the company's website by visiting www.apacorp.com or investo...

8 months ago - GlobeNewsWire

The Game Has Changed

In the early 2020s, the stock market looked much like basketball used to: a big man's game. As examples, money management firms like Vanguard and Blackrock lumbered to higher heights of assets while t...

Other symbols: AAPLFROMSFTOVV
8 months ago - GuruFocus

Smead Value Fund Goes on 1st-Quarter Buying Spree

The Smead Value Fund (Trades, Portfolio) disclosed its equity portfolio for its fiscal first quarter, which ended Feb. 28, earlier this week.

Other symbols: OVVOXYWBDBAC
8 months ago - GuruFocus