APA (NASDAQ:APA) Releases Earnings Results, Misses Estimates By $0.01 EPS

Posted by Francis Steltz on Aug 5th, 2026

APA (NASDAQ:APA – Get Free Report) announced its earnings results on Wednesday. The company reported $1.89 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.90 by ($0.01), Zacks reports. APA had a net margin of 17.38% and a return on equity of 20.70%.

APA Stock Down 3.2%

Shares of NASDAQ APA traded down $1.14 during trading hours on Wednesday, hitting $34.66. The company had a trading volume of 5,386,849 shares, compared to its average volume of 7,041,397. The stock has a market capitalization of $12.25 billion, a P/E ratio of 8.08 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. APA has a 1-year low of $17.86 and a 1-year high of $45.66. The firm’s 50 day moving average is $35.14 and its 200-day moving average is $34.53.

APA Dividend Announcement

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 paid a dividend of $0.25 per share. The ex-dividend date is Wednesday, July 22nd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.9%. APA’s dividend payout ratio is currently 23.31%.

Insider Buying and Selling at APA

In related news, VP Mark D. Maddox sold 9,800 shares of the business’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $40.04, for a total transaction of $392,392.00. Following the transaction, the vice president directly owned 66,810 shares in the company, valued at approximately $2,675,072.40. The trade was a 12.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.73% of the company’s stock.

Institutional Trading of APA

Large investors have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP increased its stake in shares of APA by 9.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 15,321,936 shares of the company’s stock worth $374,786,000 after purchasing an additional 1,291,706 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of APA by 2.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 14,710,034 shares of the company’s stock valued at $359,807,000 after purchasing an additional 285,542 shares during the period. Morgan Stanley lifted its stake in APA by 21.8% in the 4th quarter. Morgan Stanley now owns 10,425,586 shares of the company’s stock valued at $255,010,000 after purchasing an additional 1,864,900 shares during the last quarter. Northern Trust Corp lifted its stake in APA by 29.6% in the 3rd quarter. Northern Trust Corp now owns 4,462,476 shares of the company’s stock valued at $108,349,000 after purchasing an additional 1,018,326 shares during the last quarter. Finally, AQR Capital Management LLC grew its holdings in APA by 157.1% during the second quarter. AQR Capital Management LLC now owns 3,060,135 shares of the company’s stock worth $55,970,000 after purchasing an additional 1,869,891 shares during the period. Institutional investors and hedge funds own 83.01% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. The Goldman Sachs Group decreased their price target on shares of APA from $34.00 to $32.00 and set a “sell” rating for the company in a research note on Tuesday, June 30th. Capital One Financial boosted their price objective on shares of APA from $50.00 to $51.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 12th. Weiss Ratings cut shares of APA from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, June 23rd. Stephens raised their target price on shares of APA from $43.00 to $47.00 in a research report on Wednesday, June 10th. Finally, Susquehanna lowered their price target on shares of APA from $47.00 to $45.00 and set a “positive” rating on the stock in a research note on Tuesday, July 21st. 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. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $40.35.

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About APA

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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.