APA Co. to Post Q1 2025 Earnings of $0.86 Per Share, Zacks Research Forecasts (NASDAQ:APA)

APA Co. (NASDAQ:APA) – Stock analysts at Zacks Research reduced their Q1 2025 earnings estimates for APA in a research note issued on Monday, October 14th. Zacks Research analyst N. Choudhury now forecasts that the company will earn $0.86 per share for the quarter, down from their previous estimate of $1.00. The consensus estimate for APA’s current full-year earnings is $3.97 per share.

APA (NASDAQ:APA) last released its quarterly earnings results on Wednesday, July 31st. The company reported $1.17 EPS for the quarter, beating the consensus estimate of $0.95 by $0.22. APA had a net margin of 32.66% and a return on equity of 35.95%. The business had revenue of $2.54 billion for the quarter, compared to the consensus estimate of $2.28 billion. During the same period in the prior year, the company posted $0.85 earnings per share. APA’s revenue was up 41.6% compared to the same quarter last year.

Several other equities analysts also recently commented on the stock. Evercore ISI decreased their price target on shares of APA from $39.00 to $33.00 and set an “in-line” rating on the stock in a research note on Monday, September 30th. Barclays reduced their price objective on shares of APA from $35.00 to $30.00 and set an “equal weight” rating on the stock in a research note on Thursday, October 3rd. Wells Fargo & Company reduced their price objective on shares of APA from $49.00 to $47.00 and set an “overweight” rating on the stock in a research note on Tuesday, October 1st. Susquehanna reduced their price objective on shares of APA from $57.00 to $52.00 and set a “positive” rating on the stock in a research note on Wednesday, September 4th. Finally, Piper Sandler reduced their price objective on shares of APA from $29.00 to $28.00 and set a “neutral” rating on the stock in a research note on Tuesday. Four research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, APA presently has a consensus rating of “Hold” and an average price target of $34.86.

APA Trading Down 0.2 %

APA stock opened at $24.80 on Tuesday. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.01 and a current ratio of 1.01. The company’s 50-day simple moving average is $26.56 and its 200 day simple moving average is $29.21. APA has a 52 week low of $22.72 and a 52 week high of $43.58. The company has a market capitalization of $9.21 billion, a PE ratio of 2.77 and a beta of 3.23.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in APA. American International Group Inc. raised its holdings in APA by 0.5% in the 4th quarter. American International Group Inc. now owns 86,458 shares of the company’s stock valued at $3,102,000 after buying an additional 461 shares during the last quarter. Vanguard Group Inc. increased its position in APA by 2.2% during the 4th quarter. Vanguard Group Inc. now owns 42,643,529 shares of the company’s stock valued at $1,530,050,000 after purchasing an additional 924,400 shares during the period. Healthcare of Ontario Pension Plan Trust Fund increased its position in APA by 340.4% during the 4th quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 125,072 shares of the company’s stock valued at $4,488,000 after purchasing an additional 96,672 shares during the period. PNC Financial Services Group Inc. increased its position in APA by 7.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 41,648 shares of the company’s stock valued at $1,494,000 after purchasing an additional 2,787 shares during the period. Finally, HighPoint Advisor Group LLC acquired a new stake in APA during the 4th quarter valued at approximately $454,000. Institutional investors own 83.01% of the company’s stock.

APA Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 22nd. Investors of record on Tuesday, October 22nd will be issued a $0.25 dividend. The ex-dividend date is Tuesday, October 22nd. This represents a $1.00 dividend on an annualized basis and a yield of 4.03%. APA’s dividend payout ratio (DPR) is presently 11.19%.

APA Company Profile

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.