Zacks Research Issues Pessimistic Estimate for APA Earnings

APA Corporation (NASDAQ:APA) – Investment analysts at Zacks Research dropped their Q2 2026 EPS estimates for APA in a report released on Wednesday, March 11th. Zacks Research analyst Team now expects that the company will earn $0.44 per share for the quarter, down from their prior estimate of $0.50. Zacks Research currently has a “Hold” 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 $0.46 EPS and FY2028 earnings at $2.64 EPS.

APA (NASDAQ:APA) last announced its quarterly earnings results on Wednesday, February 25th. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.62 by $0.29. APA had a net margin of 15.55% and a return on equity of 19.89%. The business had revenue of $1.99 billion for the quarter, compared to analysts’ expectations of $1.89 billion. During the same quarter in the previous year, the company earned $0.79 EPS. The business’s quarterly revenue was down 26.6% compared to the same quarter last year.

A number of other equities analysts have also commented on APA. Piper Sandler increased their price target on APA from $23.00 to $30.00 and gave the company a “neutral” rating in a research note on Thursday, March 5th. Roth Mkm upped their price objective on APA from $23.00 to $27.00 and gave the stock a “neutral” rating in a report on Thursday, February 26th. Mizuho increased their target price on APA from $22.00 to $24.00 and gave the company an “underperform” rating in a research report on Thursday, February 26th. UBS Group raised their target price on shares of APA from $30.00 to $34.00 and gave the company a “neutral” rating in a report on Monday, March 2nd. Finally, Wolfe Research upped their price target on shares of APA from $39.00 to $45.00 in a research note on Monday. Seven equities research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $29.63.

APA Trading Up 3.6%

Shares of APA stock opened at $32.97 on Thursday. APA has a 12-month low of $13.58 and a 12-month high of $33.78. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.61. The stock’s 50-day moving average price is $27.51 and its 200-day moving average price is $25.20. The stock has a market capitalization of $11.65 billion, a price-to-earnings ratio of 8.26, a price-to-earnings-growth ratio of 16.50 and a beta of 0.67.

Hedge Funds Weigh In On APA

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Allspring Global Investments Holdings LLC boosted its stake in APA by 869.7% during the third quarter. Allspring Global Investments Holdings LLC now owns 194,418 shares of the company’s stock worth $4,872,000 after buying an additional 174,369 shares during the period. United Capital Management of KS Inc. purchased a new stake in shares of APA in the third quarter valued at $1,214,000. Prudential Financial Inc. lifted its holdings in shares of APA by 38.8% in the 2nd quarter. Prudential Financial Inc. now owns 284,275 shares of the company’s stock worth $5,199,000 after acquiring an additional 79,451 shares during the last quarter. Jackson Creek Investment Advisors LLC purchased a new position in shares of APA during the 3rd quarter worth about $2,337,000. Finally, AE Wealth Management LLC boosted its stake in shares of APA by 2,049.4% during the 3rd quarter. AE Wealth Management LLC now owns 403,511 shares of the company’s stock worth $9,797,000 after purchasing an additional 384,738 shares during the period. Hedge funds and other institutional investors own 83.01% of the company’s stock.

APA Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 22nd. Stockholders of record on Wednesday, April 22nd will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend is Wednesday, April 22nd. APA’s dividend payout ratio (DPR) is presently 25.06%.

More APA News

Here are the key news stories impacting APA this week:

• Positive Sentiment: RBC Capital raised its price target to $29 (from $26) and cited oil strength and earnings momentum as support for the shares. RBC Capital Raises APA Target
• Positive Sentiment: Goldman Sachs increased its price target to $29 (while keeping a “sell” rating) — the higher target signals improved near-term fundamentals even if the firm’s stance remains cautious. Goldman Sachs Adjusts Price Target
• Positive Sentiment: Capital One raised its target to $32 and kept an “overweight” rating, reinforcing a constructive view of APA’s near-term outlook. Capital One Raises Target
• Positive Sentiment: Wolfe Research and Jefferies issued bullish commentary/raised targets (Jefferies to $26) and forecasts suggesting upside potential over a longer horizon. Jefferies & Wolfe Coverage
• Neutral Sentiment: A Seeking Alpha piece argues APA is still undervalued and advancing across operations — useful for investor debate but opinion-driven rather than new company guidance. Seeking Alpha Article
• Neutral Sentiment: Short-interest reports in the feed show zero or faulty values (0 shares / NaN changes), indicating data glitches rather than a credible change in short positioning; treat as noise for now.
• Negative Sentiment: Zacks Research trimmed Q2 2026 and Q4 2026 EPS estimates (to $0.44 and $0.46, respectively) and set FY2028 at $2.64, while keeping a “Hold” rating — small near-term earnings cuts that could cap upside if downward revisions continue.

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.