Brokers Set Expectations for APA’s Q2 Earnings (NASDAQ:APA)

APA Corporation (NASDAQ:APA) – Investment analysts at Zacks Research issued their Q2 2026 earnings estimates for APA in a research note issued on Monday, July 20th. Zacks Research analyst Team anticipates that the company will post earnings of $1.57 per share for the quarter. Zacks Research 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 Q3 2026 earnings at $0.54 EPS, FY2026 earnings at $4.22 EPS, Q4 2027 earnings at $0.69 EPS, FY2027 earnings at $2.99 EPS and Q2 2028 earnings at $0.78 EPS.

APA (NASDAQ:APA) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $1.38 EPS for the quarter, beating the consensus estimate of $1.11 by $0.27. The firm had revenue of $2.33 billion during 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 business’s quarterly revenue was down 11.7% compared to the same quarter last year. During the same period last year, the firm earned $1.06 EPS.

Other equities analysts have also recently issued reports about the company. Wolfe Research boosted their target price on APA from $45.00 to $47.00 and gave the stock an “outperform” rating in a research report on Monday, April 6th. JPMorgan Chase & Co. upped their price objective on shares of APA from $38.00 to $41.00 in a research report on Friday, May 8th. Wall Street Zen downgraded shares of APA from a “buy” rating to a “hold” rating in a research note on Saturday, July 4th. UBS Group dropped their target price on shares of APA from $45.00 to $41.00 and set a “neutral” rating for the company in a research report on Wednesday, July 15th. Finally, Barclays boosted their price target on shares of APA from $35.00 to $41.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 26th. Eight equities research 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, the stock presently has an average rating of “Hold” and an average price target of $40.35.

APA Trading Up 2.7%

APA stock opened at $35.77 on Wednesday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.92 and a current ratio of 0.92. APA has a fifty-two week low of $17.86 and a fifty-two week high of $45.66. The stock has a market cap of $12.64 billion, a P/E ratio of 8.34 and a beta of 0.35. The firm’s fifty day moving average price is $35.65 and its 200-day moving average price is $33.74.

Institutional Trading of APA

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Altshuler Shaham Ltd grew its stake in shares of 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 during the last quarter. Rockefeller Capital Management L.P. grew 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 purchasing an additional 375 shares during the period. Coldstream Capital Management Inc. lifted its position 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 valued at $689,000 after acquiring an additional 396 shares during the period. Fortitude Family Office LLC boosted its stake in shares of APA by 37.9% during the 2nd quarter. Fortitude Family Office LLC now owns 1,489 shares of the company’s stock worth $48,000 after acquiring an additional 409 shares in the last quarter. Finally, Patriot Financial Group Insurance Agency LLC boosted its stake in shares of APA by 3.2% during the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 14,648 shares of the company’s stock worth $358,000 after acquiring an additional 461 shares in the last quarter. Hedge funds and other institutional investors own 83.01% of the company’s stock.

Insider Activity

In other news, VP Mark D. Maddox sold 9,800 shares of the company’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $40.04, for a total value of $392,392.00. Following the completion of the sale, the vice president owned 66,810 shares of the company’s stock, valued at approximately $2,675,072.40. This represents a 12.79% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.73% of the company’s stock.

APA Dividend Announcement

The firm 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 $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date is Wednesday, July 22nd. APA’s payout ratio is presently 23.31%.

Key APA News

Here are the key news stories impacting APA this week:

• Positive Sentiment: Zacks Research raised its FY2027 EPS estimate for APA to $2.99 from $2.60, suggesting improved longer-term earnings expectations.
• Positive Sentiment: Zacks Research also lifted FY2028 EPS estimates to $3.38 from $3.34 and increased several later-quarter forecasts, including Q1 2027, Q2 2027, Q3 2027, and Q4 2027.
• Neutral Sentiment: Zacks Research maintained a Hold rating on APA while keeping its current full-year earnings consensus at $5.00 per share.
• Neutral Sentiment: Susquehanna cut APA’s price target to $45 from $47 but still kept a positive rating, implying upside from recent trading levels. Article Title
• Negative Sentiment: Zacks Research trimmed APA’s Q2 2028 EPS estimate to $0.78 from $1.01, signaling weaker expectations further out.
• Negative Sentiment: The firm also reduced its Q3 2026 EPS estimate to $0.54 from $0.56, and cut FY2026 earnings expectations to $4.22 per share, which could pressure shares if investors focus on nearer-term profitability.
• Negative Sentiment: APA’s Q1 2028 EPS estimate was lowered to $1.03 from $1.15, adding to the cautious tone around intermediate-term earnings growth.

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.