Analysts Issue Forecasts for APA’s Q2 Earnings (NASDAQ:APA)

APA Corporation (NASDAQ:APA) – Zacks Research increased their Q2 2026 earnings per share estimates for APA in a research note issued on Wednesday, June 17th. Zacks Research analyst Team now expects that the company will post earnings per share of $0.77 for the quarter, up from their prior forecast of $0.70. Zacks Research has a “Hold” rating on the stock. The consensus estimate for APA’s current full-year earnings is $5.59 per share. Zacks Research also issued estimates for APA’s Q3 2026 earnings at $0.56 EPS, Q4 2026 earnings at $0.67 EPS, FY2026 earnings at $3.38 EPS, Q1 2027 earnings at $0.80 EPS, Q2 2027 earnings at $0.69 EPS, Q3 2027 earnings at $0.64 EPS, Q4 2027 earnings at $0.47 EPS and FY2027 earnings at $2.60 EPS.

APA (NASDAQ:APA) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $1.38 EPS for the quarter, beating the consensus estimate of $1.11 by $0.27. APA had a return on equity of 20.70% and a net margin of 17.38%.The business had revenue of $2.33 billion during the quarter, compared to analyst estimates of $2.13 billion. During the same quarter last year, the firm posted $1.06 earnings per share. The company’s revenue for the quarter was down 11.7% on a year-over-year basis.

Several other equities analysts also recently weighed in on the company. BMO Capital Markets reduced their price target on APA from $47.00 to $45.00 and set a “market perform” rating for the company in a report on Wednesday, May 13th. Evercore increased their price objective on shares of APA from $25.00 to $40.00 and gave the company a “neutral” rating in a research report on Tuesday, March 24th. Mizuho raised their price objective on shares of APA from $32.00 to $36.00 and gave the company an “underperform” rating in a research note on Wednesday, May 27th. JPMorgan Chase & Co. upped their target price on shares of APA from $38.00 to $41.00 in a research note on Friday, May 8th. Finally, Raymond James Financial increased their price target on shares of APA from $45.00 to $57.00 and gave the company an “outperform” rating in a report on Tuesday, May 26th. Eight equities research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $41.04.

APA Stock Down 1.0%

APA stock opened at $33.93 on Thursday. The business has a 50 day moving average of $37.84 and a 200 day moving average of $32.30. The firm has a market cap of $11.99 billion, a PE ratio of 7.91 and a beta of 0.33. APA has a twelve month low of $17.74 and a twelve month high of $45.66. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.58.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. United Capital Management of KS Inc. bought a new stake in shares of APA in the third quarter worth $1,214,000. Allspring Global Investments Holdings LLC lifted its holdings in APA by 57.5% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 306,195 shares of the company’s stock valued at $7,765,000 after acquiring an additional 111,777 shares during the period. Wealth Enhancement Advisory Services LLC boosted its position in APA by 71.0% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 185,818 shares of the company’s stock worth $4,437,000 after purchasing an additional 77,125 shares during the last quarter. Gotham Asset Management LLC boosted its position in APA by 49.5% in the third quarter. Gotham Asset Management LLC now owns 1,578,720 shares of the company’s stock worth $38,331,000 after purchasing an additional 522,673 shares during the last quarter. Finally, Kingsview Wealth Management LLC grew its stake in shares of APA by 604.4% during the 3rd quarter. Kingsview Wealth Management LLC now owns 208,287 shares of the company’s stock valued at $5,057,000 after purchasing an additional 178,717 shares during the period. Institutional investors own 83.01% of the company’s stock.

Insider Activity

In other news, VP Mark D. Maddox sold 9,800 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $40.04, for a total transaction of $392,392.00. Following the sale, the vice president owned 66,810 shares of the company’s stock, valued at $2,675,072.40. This trade represents a 12.79% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.73% of the stock is currently owned by insiders.

APA Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, August 21st. Shareholders of record on Wednesday, July 22nd will be paid a dividend of $0.25 per share. The ex-dividend date is Wednesday, July 22nd. This represents a $1.00 annualized dividend and a yield of 2.9%. APA’s dividend payout ratio is currently 23.31%.

APA News Summary

Here are the key news stories impacting APA this week:

• Positive Sentiment: Zacks Research raised its earnings estimates for APA across multiple periods, including FY2026 to $3.38 per share from $3.22 and FY2027 to $2.60 from $2.42, suggesting improved profit expectations. The firm also lifted quarterly EPS forecasts for Q2 2026, Q3 2026, Q4 2026, and Q1-Q4 2027.
• Neutral Sentiment: Brokerage sentiment remains mixed but cautious, with Zacks Research maintaining a “Hold” rating and the broader average recommendation also reported as “Hold.”
• Negative Sentiment: An article about a “gas pipeline stoush” involving Squadron and an APA project could raise concerns about project execution or regulatory friction, which may weigh on investor sentiment. Gas pipeline stoush heats up as Squadron slams APA project

APA Company Profile

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.