Education
About Us
Working with TipRanks
Follow Us
APA (GB:0HGC)
LSE:0HGC
Earnings Data
Report Date
Apr 30, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.84Last Year’s EPS
0.78Same Quarter Last Year
Based on 20 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Feb 26, 2025
|% Change Since: -14.04%
|Next Earnings Date:Apr 30, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted APA Corporation's strategic achievements, including investment grade ratings, successful asset refinement, and significant free cash flow generation. The company is focusing on cost reduction and efficient capital allocation. However, challenges remain with liabilities from Fieldwood properties and receivables in Egypt.Company Guidance
In the fourth quarter of 2024, APA Corporation reported a consolidated net income of $354 million, or $0.96 per diluted share. Excluding non-core items, adjusted net income was $290 million, or $0.79 per share. During the quarter, APA generated $420 million in free cash flow, contributing to the year's total of $841 million, of which 71% was returned to shareholders through $353 million in dividends and $246 million in share repurchases. The company also announced significant operational achievements, including a BBB- credit rating from S&P and strategic portfolio changes, with adjusted production from the Permian Basin driving over 75% of current output. Looking forward, APA plans a capital budget of $2.5 to $2.6 billion in 2025, anticipating higher total adjusted production. A focus on cost reduction initiatives is expected to yield annualized savings of at least $350 million by 2027, enhancing future free cash flow growth alongside strategic investments in Suriname and Egypt.Investment Grade Achievement
APA Corporation achieved a BBB- rating from S&P, making it investment grade with all three rating agencies.
Successful Strategic Refinement
APA continued to refine its position in the Permian with the acquisition of Cowen and the sale of non-core assets, solidifying the Permian as the cornerstone of its asset base.
Significant Free Cash Flow
The company generated $420 million of free cash flow during the fourth quarter, the highest of any quarter in 2024.
Gas Trading Success
APA realized an annual net gain of nearly half a billion dollars from gas trading activities in 2024, with expectations of $600 million for 2025.
Permian Basin Performance
APA's production volumes exceeded guidance in all operating regions, with significant well cost reductions in the Permian Basin.
Cost Reduction Initiatives
APA initiated cost-saving measures expected to generate at least $350 million in annualized savings by year-end 2027.
---
GB:0HGC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
GB:0HGC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 26, 2025 | $21.94 | $20.45 | -6.81% |
| Nov 06, 2024 | $24.54 | $22.19 | -9.58% |
| Jul 31, 2024 | $30.77 | $30.25 | -1.67% |
| May 01, 2024 | $29.47 | $28.41 | -3.61% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does APA (GB:0HGC) report earnings?
APA (GB:0HGC) is schdueled to report earning on Apr 30, 2025, TBA Not Confirmed.
What is APA (GB:0HGC) earnings time?
APA (GB:0HGC) earnings time is at Apr 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of APA stock?
The P/E ratio of APA is N/A.
What is GB:0HGC EPS forecast?
GB:0HGC EPS forecast for the fiscal quarter 2025 (Q1) is 0.84.
---