APA (NASDAQ:APA – Get Free Report) will likely be issuing its Q2 2026 results after the market closes on Wednesday, August 5th. Analysts expect the company to announce earnings of $1.85 per share and revenue of $2.4605 billion for the quarter. Investors can find conference call details on the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Thursday, August 6, 2026 at 11:00 AM ET.
APA (NASDAQ:APA – Get Free Report) 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 business had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.13 billion. APA had a return on equity of 20.70% and a net margin of 17.38%.The company’s quarterly revenue was down 11.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.06 EPS. 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
NASDAQ APA opened at $34.93 on Wednesday. The stock has a fifty day simple moving average of $35.33 and a 200-day simple moving average of $34.14. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.58. The stock has a market cap of $12.34 billion, a PE ratio of 8.14 and a beta of 0.35. APA has a twelve month low of $17.86 and a twelve month high of $45.66.
APA Announces Dividend
Wall Street Analyst Weigh In
Several research analysts have weighed in on APA shares. Citigroup reaffirmed a “neutral” rating on shares of APA in a research note on Tuesday, July 21st. Susquehanna decreased their price objective on shares of APA from $47.00 to $45.00 and set a “positive” rating on the stock in a report on Tuesday, July 21st. Truist Financial lowered their price objective on shares of APA from $39.00 to $38.00 and set a “hold” rating for the company in a research report on Friday, July 10th. Mizuho lifted their target price on shares of APA from $32.00 to $36.00 and gave the company an “underperform” rating in a report on Wednesday, May 27th. Finally, Raymond James Financial decreased their price target on APA from $57.00 to $50.00 and set an “outperform” rating on the stock in a research note on Monday, July 13th. Eight analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat, APA presently has an average rating of “Hold” and a consensus price target of $40.35.
Check Out Our Latest Research Report on APA
Insider Activity at APA
In other 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 transaction of $392,392.00. Following 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.73% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
Several large investors have recently modified their holdings of APA. Compound Planning Inc. boosted its holdings in shares of APA by 45.5% in the fourth quarter. Compound Planning Inc. now owns 15,173 shares of the company’s stock valued at $371,000 after acquiring an additional 4,744 shares during the period. Corient Private Wealth LLC increased its holdings in shares of APA by 212.2% in the 4th quarter. Corient Private Wealth LLC now owns 416,796 shares of the company’s stock valued at $10,195,000 after purchasing an additional 283,299 shares in the last quarter. Mercer Global Advisors Inc. ADV increased its holdings in APA by 13.5% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 102,471 shares of the company’s stock valued at $2,506,000 after buying an additional 12,211 shares in the last quarter. Vident Advisory LLC grew its holdings in APA by 12.2% in the fourth quarter. Vident Advisory LLC now owns 144,112 shares of the company’s stock valued at $3,525,000 after purchasing an additional 15,657 shares during the last quarter. Finally, EP Wealth Advisors LLC purchased a new stake in shares of APA in the fourth quarter valued at about $632,000. Institutional investors and hedge funds own 83.01% of the company’s stock.
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.
Read More
- Five stocks we like better than APA
- Amazon’s Satellite Push Raises the Stakes for SpaceX and AST SpaceMobile
- NVIDIA’s OpenAI Backstop Puts AI Financing Risk in Focus
- UPS Just Gave Investors a Second Chance to Buy
- Welltower at 52-Week Highs—But Analysts Believe There’s More to Come
Receive News & Ratings for APA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for APA and related companies with MarketBeat.com's FREE daily email newsletter.
