Zacks Research Issues Optimistic Estimate for APA Earnings

APA Co. (NASDAQ:APA) – Analysts at Zacks Research lifted their Q1 2025 earnings estimates for shares of APA in a research report issued to clients and investors on Wednesday, January 22nd. Zacks Research analyst N. Choudhury now anticipates that the company will post earnings of $0.53 per share for the quarter, up from their previous estimate of $0.50. The consensus estimate for APA’s current full-year earnings is $4.09 per share. Zacks Research also issued estimates for APA’s Q4 2026 earnings at $0.75 EPS and FY2026 earnings at $3.05 EPS.

A number of other research firms have also weighed in on APA. Mizuho cut their target price on shares of APA from $25.00 to $24.00 and set an “underperform” rating on the stock in a research note on Monday, December 16th. Royal Bank of Canada restated a “sector perform” rating and set a $32.00 target price on shares of APA in a research note on Thursday. Evercore ISI lowered their price target on APA from $39.00 to $33.00 and set an “in-line” rating for the company in a report on Monday, September 30th. Wells Fargo & Company downgraded APA from an “overweight” rating to an “equal weight” rating and lowered their price target for the company from $42.00 to $25.00 in a report on Tuesday, December 17th. Finally, Citigroup decreased their price objective on APA from $29.00 to $24.00 and set a “neutral” rating for the company in a report on Tuesday, November 26th. Four investment analysts have rated the stock with a sell rating, eleven have issued a hold rating, four have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, APA has an average rating of “Hold” and an average target price of $30.65.

APA Stock Up 0.6 %

Shares of NASDAQ:APA opened at $23.51 on Friday. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.24 and a quick ratio of 1.24. The firm has a market capitalization of $8.70 billion, a PE ratio of 3.32 and a beta of 3.16. The firm’s 50-day moving average is $22.75 and its two-hundred day moving average is $25.39. APA has a 1 year low of $20.32 and a 1 year high of $36.04.

APA Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, February 21st. Stockholders of record on Wednesday, January 22nd will be given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.25%. The ex-dividend date is Wednesday, January 22nd. APA’s dividend payout ratio is currently 14.12%.

Insider Activity at APA

In related news, Director Juliet S. Ellis acquired 4,391 shares of the firm’s stock in a transaction that occurred on Thursday, December 12th. The shares were acquired at an average price of $22.78 per share, with a total value of $100,026.98. Following the completion of the purchase, the director now directly owns 12,436 shares in the company, valued at approximately $283,292.08. The trade was a 54.58 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 1.30% of the company’s stock.

Institutional Trading of APA

Large investors have recently made changes to their positions in the stock. Envestnet Asset Management Inc. boosted its stake in APA by 12.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 193,069 shares of the company’s stock worth $5,684,000 after buying an additional 20,943 shares during the last quarter. Canada Pension Plan Investment Board acquired a new position in shares of APA in the 2nd quarter valued at about $1,245,000. Pacer Advisors Inc. lifted its stake in shares of APA by 30.3% in the 2nd quarter. Pacer Advisors Inc. now owns 82,753 shares of the company’s stock valued at $2,436,000 after purchasing an additional 19,230 shares in the last quarter. Sei Investments Co. lifted its stake in shares of APA by 1.4% in the 2nd quarter. Sei Investments Co. now owns 85,203 shares of the company’s stock valued at $2,507,000 after purchasing an additional 1,140 shares in the last quarter. Finally, Ensign Peak Advisors Inc lifted its stake in shares of APA by 12.9% in the 2nd quarter. Ensign Peak Advisors Inc now owns 157,785 shares of the company’s stock valued at $4,645,000 after purchasing an additional 18,045 shares in the last quarter. Institutional investors and hedge funds own 83.01% of the company’s stock.

About APA

APA Corporation, an independent energy company, explores for, develops, and produces natural gas, crude oil, and natural gas liquids. It has oil and gas operations in the United States, Egypt, and North Sea. The company also has exploration and appraisal activities in Suriname, as well as holds interests in projects located in Uruguay and internationally.