APA (NASDAQ:APA) Price Target Raised to $47.00

APA (NASDAQ:APA) had its price objective boosted by Wolfe Research from $45.00 to $47.00 in a research note issued to investors on Monday,MarketScreener reports. Wolfe Research currently has an outperform rating on the stock.

Other research analysts also recently issued reports about the stock. Sanford C. Bernstein dropped their target price on shares of APA from $26.00 to $25.00 and set a “market perform” rating on the stock in a research report on Monday, January 5th. Zacks Research upgraded shares of APA from a “strong sell” rating to a “hold” rating in a research note on Thursday, February 26th. Scotiabank upgraded shares of APA to a “hold” rating in a research note on Friday, March 27th. Citigroup upped their price objective on shares of APA from $25.00 to $45.00 and gave the company a “neutral” rating in a research note on Monday, March 30th. Finally, Bank of America upped their price objective on shares of APA from $23.00 to $27.00 and gave the company an “underperform” rating in a research note on Monday, March 16th. Seven research analysts have rated the stock with a Buy rating, twenty have assigned a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $36.54.

APA Stock Performance

APA stock opened at $38.75 on Monday. The firm’s 50 day simple moving average is $33.30 and its 200-day simple moving average is $27.55. The company has a market cap of $13.69 billion, a P/E ratio of 9.71 and a beta of 0.49. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.82 and a quick ratio of 0.82. APA has a fifty-two week low of $13.58 and a fifty-two week high of $45.66.

APA (NASDAQ:APA) last released its earnings results on Wednesday, February 25th. The company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.62 by $0.29. The business had revenue of $1.99 billion for the quarter, compared to the consensus estimate of $1.89 billion. APA had a net margin of 15.55% and a return on equity of 19.89%. The firm’s quarterly revenue was down 26.6% compared to the same quarter last year. During the same period last year, the firm posted $0.79 earnings per share. As a group, equities research analysts predict that APA will post 4.03 EPS for the current year.

APA Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 22nd. Shareholders of record on Wednesday, April 22nd will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 2.6%. The ex-dividend date is Wednesday, April 22nd. APA’s dividend payout ratio is currently 25.06%.

Insiders Place Their Bets

In other APA news, Director Matthew Regis Bob sold 23,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $36.23, for a total value of $833,290.00. Following the transaction, the director owned 6,634 shares in the company, valued at approximately $240,349.82. This represents a 77.61% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.69% of the company’s stock.

Institutional Trading of APA

Large investors have recently added to or reduced their stakes in the business. Deseret Mutual Benefit Administrators grew its position in APA by 276.7% in the third quarter. Deseret Mutual Benefit Administrators now owns 1,213 shares of the company’s stock worth $29,000 after acquiring an additional 891 shares in the last quarter. Summit Securities Group LLC grew its position in APA by 115.1% in the fourth quarter. Summit Securities Group LLC now owns 1,327 shares of the company’s stock worth $32,000 after acquiring an additional 710 shares in the last quarter. Atlantic Union Bankshares Corp bought a new stake in APA in the third quarter worth approximately $34,000. Spire Wealth Management grew its position in APA by 179.6% in the third quarter. Spire Wealth Management now owns 1,521 shares of the company’s stock worth $37,000 after acquiring an additional 977 shares in the last quarter. Finally, Camelot Portfolios LLC bought a new stake in APA in the fourth quarter worth approximately $37,000. 83.01% of the stock is owned by institutional investors.

Trending Headlines about APA

Here are the key news stories impacting APA this week:

• Positive Sentiment: Two brokers lifted targets: RBC raised its target to $45 (from $29) and BMO raised to $47 (from $35), providing upside vs. the recent price and signaling improved analyst confidence even while keeping neutral/market-perform ratings. RBC Raises Price Target BMO Raises Price Target
• Positive Sentiment: Wolfe Research expects APA’s stock to rise, adding another analyst voice that sees upside potential. This supports the case that some institutional research views the name as attractive despite recent gains. Wolfe Research Note
• Positive Sentiment: Zacks highlights APA as a top-ranked momentum stock, which can attract momentum-driven flows and ETFs that follow style/rankings. Zacks Momentum Coverage
• Positive Sentiment: Operational update: APA reported a new onshore gas discovery in Egypt’s Western Desert — a resource add that could influence future production mix and upside optionality in international assets. Egypt Gas Discovery
• Neutral Sentiment: Valuation/positioning write-up: Coverage asks whether APA’s large one‑year share gain (~222% in one article) leaves the stock stretched — useful context but not a direct catalyst. Investors should weigh growth/production outlook vs. valuation. Valuation Analysis
• Neutral Sentiment: Local business press release (APA Total Car Care) appears unrelated to APA Corporation (energy company); likely no material impact on APA stock. Local Press Release (Unrelated)
• Negative Sentiment: Geopolitical-driven commodity move: Investopedia flagged APA among stocks sliding after a US–Iran two‑week ceasefire — that headline reduced near‑term oil risk and pressured energy names, which helps explain today’s downside. Investopedia: Stocks Sliding After Ceasefire

About APA

APA Corporation (NASDAQ: APA) is an independent exploration and production company engaged in the acquisition, development and production of oil and natural gas resources. The company operates through three core regions: the United States, Egypt and the North Sea. Through its integrated approach, APA combines geological and geophysical expertise with technical innovation to identify and develop hydrocarbons in both onshore and offshore settings.

In the United States, APA’s largest position is in the Permian Basin of West Texas and southeastern New Mexico, where it holds substantial acreage dedicated to oil-focused drilling and production.