Zacks Research Comments on APA’s Q4 Earnings (NASDAQ:APA)

APA Corporation (NASDAQ:APA) – Stock analysts at Zacks Research increased their Q4 2026 EPS estimates for APA in a research report issued on Monday, July 20th. Zacks Research analyst Team now expects that the company will earn $0.73 per share for the quarter, up from their previous estimate of $0.67. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for APA’s current full-year earnings is $5.00 per share. Zacks Research also issued estimates for APA’s Q1 2027 earnings at $0.84 EPS, Q2 2027 earnings at $0.78 EPS, Q3 2027 earnings at $0.68 EPS, Q1 2028 earnings at $1.03 EPS and FY2028 earnings at $3.38 EPS.

APA (NASDAQ:APA) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $1.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 quarterly revenue was down 11.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.06 EPS.

A number of other brokerages also recently issued reports on APA. Truist Financial reduced their price target on APA from $39.00 to $38.00 and set a “hold” rating on the stock in a research report on Friday, July 10th. Sanford C. Bernstein boosted their target price on APA from $37.00 to $40.00 and gave the stock a “market perform” rating in a research note on Wednesday, May 20th. UBS Group reduced their target price on APA from $45.00 to $41.00 and set a “neutral” rating on the stock in a research report on Wednesday, July 15th. Barclays increased their price target on APA from $35.00 to $41.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 26th. Finally, Jefferies Financial Group raised their price target on APA from $26.00 to $36.00 and gave the stock a “hold” rating in a report on Monday, April 13th. Eight investment analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $40.42.

APA Trading Down 1.1%

NASDAQ:APA opened at $34.84 on Tuesday. The stock has a market capitalization of $12.31 billion, a price-to-earnings ratio of 8.12 and a beta of 0.35. APA has a 52 week low of $17.86 and a 52 week high of $45.66. 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 firm has a 50 day moving average of $35.67 and a 200 day moving average of $33.66.

APA Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 21st. Stockholders of record on Wednesday, July 22nd will be issued a dividend of $0.25 per share. The ex-dividend date of this dividend is Wednesday, July 22nd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.9%. APA’s payout ratio is 23.31%.

Insider Buying and Selling at APA

In related news, VP Mark D. Maddox sold 9,800 shares of the company’s stock in a transaction 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 directly owned 66,810 shares of the company’s stock, valued at $2,675,072.40. This represents a 12.79% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.73% of the stock is owned by company insiders.

Institutional Trading of APA

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Altshuler Shaham Ltd boosted its holdings in APA by 36.7% in the 1st quarter. Altshuler Shaham Ltd now owns 1,229 shares of the company’s stock valued at $52,000 after purchasing an additional 330 shares in the last quarter. Rockefeller Capital Management L.P. raised its stake in shares of APA by 0.4% during the 4th quarter. Rockefeller Capital Management L.P. now owns 106,667 shares of the company’s stock worth $2,609,000 after buying an additional 375 shares in the last quarter. Coldstream Capital Management Inc. raised its stake in shares of APA by 1.4% during the 4th quarter. Coldstream Capital Management Inc. now owns 28,171 shares of the company’s stock worth $689,000 after buying an additional 396 shares in the last quarter. Fortitude Family Office LLC lifted its holdings in shares of APA by 37.9% in the 2nd quarter. Fortitude Family Office LLC now owns 1,489 shares of the company’s stock valued at $48,000 after buying an additional 409 shares during the period. Finally, Patriot Financial Group Insurance Agency LLC lifted its holdings in shares of APA by 3.2% in the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 14,648 shares of the company’s stock valued at $358,000 after buying an additional 461 shares during the period. Institutional investors and hedge funds own 83.01% of the company’s stock.

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.