APA (APA) Projected to Announce Earnings on Wednesday

APA (NASDAQ:APA) is expected to be releasing its Q2 2026 results after the market closes on Wednesday, August 5th. Analysts expect APA to announce earnings of $1.90 per share and revenue of $2.4605 billion for the quarter. Investors may visit the the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Thursday, August 6, 2026 at 11:00 AM ET.

APA (NASDAQ:APA) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $1.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.11 by $0.27. The firm had revenue of $2.33 billion for the quarter, compared to the consensus estimate of $2.13 billion. APA had a net margin of 17.38% and a return on equity of 20.70%. The company’s revenue for the quarter was down 11.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.06 earnings per share. On average, analysts expect APA to post $5 EPS for the current fiscal year and $3 EPS for the next fiscal year.

APA Stock Performance

Shares of APA stock opened at $36.87 on Tuesday. The firm has a market capitalization of $13.03 billion, a P/E ratio of 8.59 and a beta of 0.35. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.58. The company has a 50 day moving average price of $35.17 and a 200 day moving average price of $34.46. APA has a 52 week low of $17.86 and a 52 week high of $45.66.

APA Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, August 21st. Shareholders of record on Wednesday, July 22nd will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend is Wednesday, July 22nd. APA’s payout ratio is currently 23.31%.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Morgan Stanley decreased their price target on shares of APA from $44.00 to $41.00 and set an “underweight” rating for the company in a report on Friday, June 26th. The Goldman Sachs Group dropped their price objective on shares of APA from $34.00 to $32.00 and set a “sell” rating on the stock in a report on Tuesday, June 30th. Mizuho boosted their price objective on shares of APA from $32.00 to $36.00 and gave the company an “underperform” rating in a report on Wednesday, May 27th. Raymond James Financial cut their target price on APA from $57.00 to $50.00 and set an “outperform” rating on the stock in a research report on Monday, July 13th. Finally, Weiss Ratings lowered APA from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, June 23rd. Eight equities research analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat, APA currently has an average rating of “Hold” and an average target price of $40.35.

Insider Activity at APA

In other news, VP Mark D. Maddox sold 9,800 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $40.04, for a total value of $392,392.00. Following the transaction, the vice president owned 66,810 shares in the company, valued at $2,675,072.40. This trade represents a 12.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.73% of the stock is owned by insiders.

Institutional Trading of APA

Several large investors have recently made changes to their positions in the company. Summit Securities Group LLC lifted its holdings in APA by 115.1% in the 4th quarter. Summit Securities Group LLC now owns 1,327 shares of the company’s stock valued at $32,000 after purchasing an additional 710 shares in the last quarter. Virtus Advisers LLC purchased a new stake in shares of APA during the third quarter worth $57,000. Sunbelt Securities Inc. raised its position in shares of APA by 54.6% in the third quarter. Sunbelt Securities Inc. now owns 4,389 shares of the company’s stock valued at $107,000 after buying an additional 1,550 shares during the last quarter. CIBC Private Wealth Group LLC raised its position in shares of APA by 27.5% in the fourth quarter. CIBC Private Wealth Group LLC now owns 4,418 shares of the company’s stock valued at $108,000 after buying an additional 953 shares during the last quarter. Finally, Aster Capital Management DIFC Ltd purchased a new position in shares of APA in the fourth quarter worth about $123,000. 83.01% of the stock is currently owned by hedge funds and other institutional investors.

APA Company Profile

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.