Zacks Research Has Bullish Estimate for APA Q1 Earnings

APA Co. (NASDAQ:APA) – Stock analysts at Zacks Research boosted their Q1 2025 earnings estimates for APA in a research note issued to investors on Wednesday, March 12th. Zacks Research analyst N. Choudhury now expects that the company will earn $0.57 per share for the quarter, up from their prior estimate of $0.53. The consensus estimate for APA’s current full-year earnings is $4.03 per share. Zacks Research also issued estimates for APA’s FY2027 earnings at $2.55 EPS.

A number of other research analysts have also recently commented on the company. The Goldman Sachs Group lowered their price target on APA from $25.00 to $22.00 and set a “sell” rating on the stock in a report on Friday, January 3rd. Piper Sandler lowered their price target on APA from $26.00 to $23.00 and set a “neutral” rating on the stock in a report on Tuesday, December 17th. Wells Fargo & Company cut APA from an “overweight” rating to an “equal weight” rating and lowered their price target for the stock from $42.00 to $25.00 in a report on Tuesday, December 17th. JPMorgan Chase & Co. lowered their price target on APA from $23.00 to $20.00 and set a “neutral” rating on the stock in a report on Thursday. Finally, Citigroup decreased their price objective on APA from $29.00 to $24.00 and set a “neutral” rating on the stock in a report on Tuesday, November 26th. Four analysts have rated the stock with a sell rating, eleven have assigned a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, APA has an average rating of “Hold” and an average target price of $28.90.

APA Trading Up 3.0 %

Shares of NASDAQ:APA opened at $19.61 on Friday. The stock has a 50 day moving average of $22.29 and a 200 day moving average of $23.33. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 1.03. APA has a 12-month low of $17.66 and a 12-month high of $36.05. The company has a market cap of $7.14 billion, a PE ratio of 2.77 and a beta of 3.26.

APA (NASDAQ:APA) last released its quarterly earnings results on Wednesday, February 26th. The company reported $0.79 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.97 by ($0.18). The firm had revenue of $2.50 billion for the quarter, compared to the consensus estimate of $2.31 billion. APA had a net margin of 24.36% and a return on equity of 27.86%.

APA Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 22nd. Shareholders of record on Tuesday, April 22nd will be given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 5.10%. The ex-dividend date is Tuesday, April 22nd. APA’s dividend payout ratio (DPR) is presently 44.25%.

Hedge Funds Weigh In On APA

Several hedge funds have recently bought and sold shares of APA. ProShare Advisors LLC grew its position in shares of APA by 0.4% during the 4th quarter. ProShare Advisors LLC now owns 113,913 shares of the company’s stock worth $2,630,000 after buying an additional 449 shares in the last quarter. Van ECK Associates Corp grew its position in shares of APA by 0.6% during the 4th quarter. Van ECK Associates Corp now owns 77,110 shares of the company’s stock worth $1,780,000 after buying an additional 469 shares in the last quarter. Empirical Finance LLC grew its position in shares of APA by 1.6% during the 3rd quarter. Empirical Finance LLC now owns 31,272 shares of the company’s stock worth $765,000 after buying an additional 497 shares in the last quarter. Nissay Asset Management Corp Japan ADV grew its position in shares of APA by 1.1% during the 4th quarter. Nissay Asset Management Corp Japan ADV now owns 46,063 shares of the company’s stock worth $1,018,000 after buying an additional 517 shares in the last quarter. Finally, TD Private Client Wealth LLC grew its position in shares of APA by 84.1% during the 3rd quarter. TD Private Client Wealth LLC now owns 1,182 shares of the company’s stock worth $29,000 after buying an additional 540 shares in the last quarter. Institutional investors own 83.01% of the company’s stock.

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.