Zacks Research Issues Positive Forecast for APA Earnings

APA Corporation (NASDAQ:APA) – Research analysts at Zacks Research lifted their Q3 2026 earnings per share (EPS) estimates for APA in a research note issued on Wednesday, January 21st. Zacks Research analyst Team now expects that the company will post earnings of $0.56 per share for the quarter, up from their previous forecast of $0.55. Zacks Research has a “Strong Sell” rating on the stock. The consensus estimate for APA’s current full-year earnings is $4.03 per share. Zacks Research also issued estimates for APA’s Q4 2026 earnings at $0.50 EPS and Q3 2027 earnings at $0.56 EPS.

APA (NASDAQ:APA) last posted its quarterly earnings data on Wednesday, November 5th. The company reported $0.93 EPS for the quarter, beating analysts’ consensus estimates of $0.74 by $0.19. APA had a net margin of 15.49% and a return on equity of 19.86%. The company had revenue of $2.12 billion for the quarter, compared to analyst estimates of $2.06 billion. During the same period in the previous year, the business posted $1.00 earnings per share. APA’s quarterly revenue was down 16.4% on a year-over-year basis.

Other research analysts have also issued research reports about the company. Evercore ISI dropped their target price on APA from $21.00 to $16.00 in a report on Tuesday, November 4th. Capital One Financial dropped their price objective on shares of APA from $32.00 to $31.00 and set an “overweight” rating on the stock in a research note on Friday, January 9th. Barclays set a $24.00 price target on shares of APA in a research note on Wednesday. Citigroup raised their price objective on shares of APA from $24.00 to $25.00 and gave the company a “neutral” rating in a research report on Wednesday, November 26th. Finally, BMO Capital Markets boosted their target price on APA from $28.00 to $30.00 and gave the stock a “market perform” rating in a research report on Monday, October 13th. Six research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and five have given a Sell rating to the stock. According to data from MarketBeat, APA has a consensus rating of “Hold” and a consensus target price of $26.35.

APA Stock Up 4.7%

APA opened at $26.54 on Thursday. APA has a 52 week low of $13.58 and a 52 week high of $27.72. The business has a 50 day moving average price of $25.02 and a two-hundred day moving average price of $23.03. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.62. The company has a market cap of $9.41 billion, a PE ratio of 6.38, a P/E/G ratio of 11.31 and a beta of 0.74.

Institutional Investors Weigh In On APA

A number of large investors have recently bought and sold shares of the stock. Wetzel Investment Advisors Inc. raised its holdings in shares of APA by 6.7% in the fourth quarter. Wetzel Investment Advisors Inc. now owns 21,405 shares of the company’s stock worth $524,000 after acquiring an additional 1,353 shares during the last quarter. Cidel Asset Management Inc. raised its stake in APA by 7.9% in the 4th quarter. Cidel Asset Management Inc. now owns 9,240 shares of the company’s stock valued at $224,000 after purchasing an additional 680 shares during the last quarter. Signaturefd LLC lifted its holdings in APA by 8.5% in the 4th quarter. Signaturefd LLC now owns 13,695 shares of the company’s stock valued at $335,000 after purchasing an additional 1,077 shares in the last quarter. Stratos Wealth Partners LTD. boosted its stake in shares of APA by 11.4% during the 4th quarter. Stratos Wealth Partners LTD. now owns 14,868 shares of the company’s stock worth $364,000 after purchasing an additional 1,519 shares during the last quarter. Finally, Philip James Wealth Mangement LLC boosted its stake in shares of APA by 19.7% during the 4th quarter. Philip James Wealth Mangement LLC now owns 11,491 shares of the company’s stock worth $281,000 after purchasing an additional 1,895 shares during the last quarter. Institutional investors and hedge funds own 83.01% of the company’s stock.

APA Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, February 23rd. Investors of record on Thursday, January 22nd will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 3.8%. The ex-dividend date is Thursday, January 22nd. APA’s payout ratio is currently 24.04%.

More APA News

Here are the key news stories impacting APA this week:

• Positive Sentiment: Management repurchased 2.7 million shares in 4Q25 at an average price of $24.17, reducing float and signaling confidence — a clear buyback-driven support for the stock. QuiverQuant: APA Provides Supplemental Info
• Positive Sentiment: Company disclosed a $193 million pre-tax net gain on oil & gas purchases/sales and stronger international realized prices (oil/NGL), which improve near-term cash flow visibility vs. U.S. price weakness. QuiverQuant: APA Provides Supplemental Info
• Neutral Sentiment: Zacks Research made very small quarter-by-quarter EPS tweaks (minor raises for some quarters, a slight trim for Q4) but maintained a “Strong Sell” rating — the estimate moves themselves are immaterial for near-term stock direction. MarketBeat / Zacks Research
• Negative Sentiment: Zacks Research downgraded APA from “Hold” to “Strong Sell,” which can drive selling pressure and influence other funds’ positioning. Zacks.com
• Negative Sentiment: Barclays reaffirmed an “Underweight” rating, adding to negative analyst sentiment that may limit upside despite the stock bounce. The Fly: Barclays Reaffirms Underweight
• Negative Sentiment: APA curtailed ~91 MMcf/d of U.S. natural gas and 7,600 b/d of NGL production in 4Q25 due to weak hub prices and recorded $36M of transaction/reorganization/separation costs — both pressures on near-term earnings. QuiverQuant: APA Provides Supplemental Info
• Negative Sentiment: Earnings previews point to a double-digit earnings contraction in the upcoming quarterly report, which is a fundamental downside risk ahead of the Feb. 26 earnings call. Barchart: APA Earnings Preview
• Neutral Sentiment: Jefferies raised its price target modestly to $22 and kept a “Hold” rating — a small technical positive but still below the current share price, so its market impact is limited. MarketScreener: Jefferies Adjusts PT

About APA

APA Corporation (NASDAQ: APA) is an independent exploration and production company engaged in the acquisition, development and production of oil and natural gas resources. The company operates through three core regions: the United States, Egypt and the North Sea. Through its integrated approach, APA combines geological and geophysical expertise with technical innovation to identify and develop hydrocarbons in both onshore and offshore settings.

In the United States, APA’s largest position is in the Permian Basin of West Texas and southeastern New Mexico, where it holds substantial acreage dedicated to oil-focused drilling and production.