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APA (APA)
NASDAQ:APA
APA (APA) Stock Price & Analysis
2,238 Followers
APA Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$28.90 - $45.15
Previous Close$30.88
Volume1.39M
Average Volume (3M)7.33M
Market Cap
$11.30B
Enterprise Value$16.56B
Total Cash (Recent Filing)$87.00M
Total Debt (Recent Filing)$5.19B
Price to Earnings (P/E)3.5
Beta0.83
Next Earnings
Jul 31, 2024EPS Estimate
$1.24Last Dividend Ex-Date
Apr 19, 2024Dividend Yield3.24%
Share Statistics
EPS (TTM)8.94
Shares Outstanding371,192,344
10 Day Avg. Volume7,206,527
30 Day Avg. Volume7,331,647
Standard Deviation0.34
R-Squared0.28
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)4.23
Price to Sales (P/S)1.37
Price to Cash Flow (P/CF)2.70
P/FCF Ratio4.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.07
Enterprise Value/Gross Profit2.08
Enterprise Value/Ebitda3.47
Forecast
1Y Price Target
$38.65Price Target Upside26.97% Upside
Rating ConsensusHold
Number of Analyst Covering18
APA News
Bulls Say, Bears Say
Bulls Say
Discovery And Production PotentialThe company discovered high quality oil in two target zones in Alaska, which could hint at future production potential.
Financial SynergiesIncreased expected annual cost synergies from $150MM to $225MM, suggesting efficiency gains and operational benefits.
Valuation And Investment AppealAPA trades at a discount to peers on 2024/25E EV/EBITDA and FCF/EV yield metrics, indicating potential undervaluation and investment opportunity.
Bears Say
Financial GuidancePro forma 2024 guidance underwhelmed expectations with lower oil volumes and higher capex.
Operational DelaysFurther exploration in Alaska and any potential resource estimates are delayed until 2025+.
Stock PerformanceShares have meaningfully lagged peers since announcing the deal.
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Ownership Overview
1.16% Insiders
29.05% Mutual Funds
33.39% Other Institutional Investors
36.40% 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 $28.90 and its highest was $45.15 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 Jul 31, 2024 which is in 82 days.
How were APA’s earnings last quarter?
APA released its earnings results on May 01, 2024. The company reported $0.78 earnings per share for the quarter, missing the consensus estimate of $0.948 by -$0.168.
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 3.24%. See more information on APA dividends here
What is APA’s EPS estimate?
APA’s EPS estimate is $1.24.
How many shares outstanding does APA have?
APA has 371,192,350 shares outstanding.
What happened to APA’s price movement after its last earnings report?
APA reported an EPS of $0.78 in its last earnings report, missing expectations of $0.948. Following the earnings report the stock price went down -4.328%.
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 728M.
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APA Stock Smart Score
Neutral
1
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4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$38.65 (26.97% Upside)
$38.65 (26.97% Upside)
Blogger Sentiment
Bullish
APA Sentiment 66%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Increased
By 1.7M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.6%
Last 30 Days ▼ 6.1%
Last 30 Days ▼ 6.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-4.20%
12-Months-Change
Fundamentals
Return on Equity
179.94%
Trailing 12-Months
Asset Growth
13.16%
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
Q1 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
$38.65
▲(26.97% Upside)
Technical Analysis
Best Analysts Covering APA
1 Year
1 Year Success Rate
15/22 ratings generated profit
1 Year Average Return
+25.15%
reiterated a buy rating 3 months ago
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