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APA (APA)
NASDAQ:APA
Holding APA?
Track your performance easily
APA Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$25.10 - $44.76
Previous Close$25.24
Volume5.69M
Average Volume (3M)5.53M
Market Cap
$9.61B
Enterprise Value$17.26B
Total Cash (Recent Filing)$160.00M
Total Debt (Recent Filing)$6.74B
Price to Earnings (P/E)2.8
Beta0.78
Next Earnings
Oct 30, 2024EPS Estimate
$1.13Last Dividend Ex-Date
Jul 22, 2024Dividend Yield3.85%
Share Statistics
EPS (TTM)9.16
Shares Outstanding369,904,843
10 Day Avg. Volume6,111,266
30 Day Avg. Volume5,525,930
Standard Deviation0.33
R-Squared0.26
Alpha0.00938
Financial Highlights & Ratios
Price to Book (P/B)1.77
Price to Sales (P/S)1.07
Price to Cash Flow (P/CF)2.70
P/FCF Ratio13.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.99
Enterprise Value/Gross Profit2.17
Enterprise Value/Ebitda3.54
Forecast
1Y Price Target
$37.06Price Target Upside46.83% Upside
Rating ConsensusHold
Number of Analyst Covering18
APA News
Bulls Say, Bears Say
Bulls Say
EarningsAPA had a strong quarter with production beating estimates and guidance in all three geographies and FY24 guidance raised for oil production despite asset sales.
Operational PerformanceEgypt operations have improved due to more capital efficient workover rigs and water injection initiatives.
Strategic InitiativesInitial progress on the integration of CPE appears encouraging, with APA increasing deal synergies another $25mm to $250mm/annum, mostly on additional G&A savings.
Bears Say
International OperationsBroader macro-economic challenges in Egypt are hindering the country’s ability to pay APA in a timely manner, resulting in inconsistent cash flows.
Production Guidance3Q24 production guidance of 388 mboe/d was ~7% below forecasts, driven by North Sea (Beryl turnaround) and additional onshore NGL/gas curtailments.
Stock PerformanceShares have meaningfully lagged peers YTD (APA -16% vs. XOP +7%), though APA is still valued at a premium to peers on FCF/EV.
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Ownership Overview
1.17% Insiders
34.48% Mutual Funds
55.87% Other Institutional Investors
8.48% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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APA FAQ
What was APA’s price range in the past 12 months?
APA lowest stock price was $25.09 and its highest was $44.76 in the past 12 months.
What is APA’s market cap?
Currently, no data Available
When is APA’s upcoming earnings report date?
APA’s upcoming earnings report date is Oct 30, 2024 which is in 52 days.
How were APA’s earnings last quarter?
APA released its earnings results on Jul 31, 2024. The company reported $1.17 earnings per share for the quarter, beating the consensus estimate of $0.882 by $0.288.
Is APA overvalued?
According to Wall Street analysts APA’s price is currently Undervalued.
Does APA pay dividends?
APA pays a Quarterly dividend of $0.25 which represents an annual dividend yield of 3.85%. See more information on APA dividends here
What is APA’s EPS estimate?
APA’s EPS estimate is $1.13.
How many shares outstanding does APA have?
APA has 369,904,850 shares outstanding.
What happened to APA’s price movement after its last earnings report?
APA reported an EPS of $1.17 in its last earnings report, beating expectations of $0.882. Following the earnings report the stock price went down -0.353%.
Which hedge fund is a major shareholder of APA?
Among the largest hedge funds holding APA’s share is Hotchkis & Wiley Capital Management LLC. It holds APA’s shares valued at 797M.
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APA Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$37.06 (46.83% Upside)
$37.06 (46.83% Upside)
Blogger Sentiment
Bullish
APA Sentiment 100%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Increased
By 10.1M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.4%
Last 30 Days ▼ 4.8%
Last 30 Days ▼ 4.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-41.77%
12-Months-Change
Fundamentals
Return on Equity
94.75%
Trailing 12-Months
Asset Growth
52.48%
Trailing 12-Months
Company Description
APA
Apache Corp. operates as an energy company, which engages in the exploration, development, and production of natural gas, crude oil, and natural gas liquids. The company was founded by Truman Anderson, Raymond Plank, and Charles Arnao on December 6, 1954 and is headquartered in Houston, TX.
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APA Company Deck
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APA Earnings Call
Q2 2024
0:00 / 0:00
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APA Revenue Breakdown
47.25% U.S.
36.59% Egypt
16.16% North Sea
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APA Stock 12 Month Forecast
Average Price Target
$37.06
▲(46.83% Upside)
Technical Analysis
Best Analysts Covering APA
1 Year
1 Year Success Rate
18/26 ratings generated profit
1 Year Average Return
+25.18%
reiterated a sell rating 20 days ago
Copying Devin McDermott's trades and holding each position for 1 Year would result in 69.23% of your transactions generating a profit, with an average return of +25.18% per trade.
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