Roth Capital Analysts Increase Earnings Estimates for APA

APA Corporation (NASDAQ:APA) – Research analysts at Roth Capital boosted their FY2025 earnings estimates for APA in a note issued to investors on Thursday, November 6th. Roth Capital analyst L. Mariani now forecasts that the company will post earnings of $3.57 per share for the year, up from their prior estimate of $3.39. Roth Capital has a “Neutral” rating and a $23.00 price objective on the stock. The consensus estimate for APA’s current full-year earnings is $4.03 per share. Roth Capital also issued estimates for APA’s Q4 2025 earnings at $0.72 EPS, Q1 2026 earnings at $0.52 EPS, Q2 2026 earnings at $0.43 EPS, Q3 2026 earnings at $0.57 EPS, Q4 2026 earnings at $0.77 EPS and FY2026 earnings at $2.28 EPS.

APA (NASDAQ:APA) last issued its quarterly earnings data on Wednesday, November 5th. The company reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.74 by $0.19. APA had a net margin of 10.53% and a return on equity of 20.98%. The firm had revenue of $2.12 billion for the quarter, compared to the consensus estimate of $2.06 billion. During the same quarter in the previous year, the firm earned $1.00 EPS. The company’s quarterly revenue was down 16.4% compared to the same quarter last year.

Other analysts have also recently issued research reports about the company. Wells Fargo & Company raised their price objective on APA from $20.00 to $21.00 and gave the stock an “equal weight” rating in a research report on Friday, August 15th. The Goldman Sachs Group raised APA from a “strong sell” rating to a “hold” rating in a report on Monday, October 6th. Barclays boosted their price target on APA from $21.00 to $22.00 and gave the stock an “equal weight” rating in a research note on Friday, August 8th. Stephens increased their price objective on shares of APA from $22.00 to $23.00 and gave the company an “equal weight” rating in a research report on Thursday, November 6th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of APA in a research report on Wednesday, November 5th. Three equities research analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, APA currently has an average rating of “Hold” and a consensus price target of $24.17.

APA Price Performance

Shares of APA opened at $24.35 on Monday. The company has a 50 day moving average of $23.42 and a two-hundred day moving average of $20.48. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 0.62. APA has a twelve month low of $13.58 and a twelve month high of $25.83. The company has a market cap of $8.71 billion, a price-to-earnings ratio of 8.14, a price-to-earnings-growth ratio of 6.28 and a beta of 1.12.

Institutional Trading of APA

Hedge funds and other institutional investors have recently made changes to their positions in the business. Dimensional Fund Advisors LP boosted its holdings in APA by 46.8% in the first quarter. Dimensional Fund Advisors LP now owns 9,080,787 shares of the company’s stock valued at $190,876,000 after purchasing an additional 2,894,543 shares during the last quarter. AQR Capital Management LLC lifted its holdings in shares of APA by 157.1% in the 2nd quarter. AQR Capital Management LLC now owns 3,060,135 shares of the company’s stock valued at $55,970,000 after buying an additional 1,869,891 shares during the period. Nuveen LLC acquired a new position in shares of APA in the 1st quarter valued at about $22,533,000. Charles Schwab Investment Management Inc. boosted its stake in shares of APA by 8.1% in the first quarter. Charles Schwab Investment Management Inc. now owns 13,932,980 shares of the company’s stock worth $292,871,000 after buying an additional 1,046,893 shares during the last quarter. Finally, Hotchkis & Wiley Capital Management LLC grew its holdings in APA by 2.9% during the first quarter. Hotchkis & Wiley Capital Management LLC now owns 36,439,749 shares of the company’s stock worth $765,964,000 after acquiring an additional 1,029,961 shares during the period. Institutional investors and hedge funds 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 21st. Shareholders of record on Wednesday, October 22nd will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 4.1%. The ex-dividend date is Wednesday, October 22nd. APA’s payout ratio is presently 24.04%.

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.