APA (NASDAQ:APA – Get Free Report) posted its quarterly earnings data on Thursday. The company reported $0.78 earnings per share for the quarter, missing the consensus estimate of $0.90 by ($0.12), Briefing.com reports. The firm had revenue of $1.95 billion for the quarter, compared to analyst estimates of $1.89 billion. APA had a return on equity of 45.32% and a net margin of 34.04%. The firm’s quarterly revenue was down 2.8% on a year-over-year basis. During the same period in the prior year, the company earned $1.19 earnings per share.
APA Stock Performance
NASDAQ:APA traded up $0.08 during mid-day trading on Friday, reaching $29.26. 9,600,753 shares of the company’s stock were exchanged, compared to its average volume of 6,374,839. APA has a one year low of $28.90 and a one year high of $46.15. The company has a debt-to-equity ratio of 1.42, a quick ratio of 1.02 and a current ratio of 1.16. The business’s fifty day simple moving average is $32.52 and its two-hundred day simple moving average is $34.13. The firm has a market capitalization of $8.81 billion, a PE ratio of 3.27 and a beta of 3.29.
APA Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 22nd. Stockholders of record on Monday, April 22nd will be given a $0.25 dividend. The ex-dividend date of this dividend is Friday, April 19th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.42%. APA’s payout ratio is presently 11.19%.
Analyst Ratings Changes
Get Our Latest Analysis on APA
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.
Featured Stories
- Five stocks we like better than APA
- What Are the U.K. Market Holidays? How to Invest and Trade
- MarketBeat Week in Review – 4/29 – 5/3
- Buy P&G Now, Before It Sets A New All-Time High
- Apple’s Earnings Show Investors Its Strength and Its Weakness
- 3 Grocery Stocks That Can Help Take a Bite Out of Inflation
- Bargain Alert: 3 Large Caps With Extremely Oversold RSIs
Receive News & Ratings for APA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for APA and related companies with MarketBeat.com's FREE daily email newsletter.