APA (NASDAQ:APA) Given New $45.00 Price Target at Royal Bank Of Canada

APA (NASDAQ:APA) had its price objective hoisted by Royal Bank Of Canada from $29.00 to $45.00 in a research report report published on Wednesday,MarketScreener reports. The brokerage currently has a sector perform rating on the stock.

APA has been the topic of several other research reports. Jefferies Financial Group increased their target price on shares of APA from $22.00 to $26.00 in a report on Monday, March 9th. Stephens increased their target price on shares of APA from $24.00 to $45.00 and gave the company an “equal weight” rating in a report on Tuesday, March 31st. The Goldman Sachs Group increased their target price on shares of APA from $29.00 to $30.00 and gave the company a “sell” rating in a report on Monday, March 23rd. Wolfe Research increased their target price on shares of APA from $45.00 to $47.00 and gave the company an “outperform” rating in a report on Monday. Finally, Roth Mkm increased their target price on shares of APA from $23.00 to $27.00 and gave the company a “neutral” rating in a report on Thursday, February 26th. Seven equities research analysts have rated the stock with a Buy rating, twenty have given a Hold rating and four have given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $36.54.

APA Price Performance

Shares of NASDAQ:APA opened at $38.75 on Wednesday. The company’s fifty day moving average price is $33.30 and its 200-day moving average price is $27.55. The firm has a market capitalization of $13.69 billion, a price-to-earnings ratio of 9.71 and a beta of 0.49. APA has a one year low of $13.58 and a one year high of $45.66. 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 (NASDAQ:APA) last issued its quarterly earnings results on Wednesday, February 25th. The company reported $0.91 EPS for the quarter, topping analysts’ consensus estimates of $0.62 by $0.29. The firm had revenue of $1.99 billion for the quarter, compared to analyst estimates of $1.89 billion. APA had a net margin of 15.55% and a return on equity of 19.89%. The business’s revenue for the quarter was down 26.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.79 EPS. On average, equities research analysts anticipate that APA will post 4.03 earnings per share for the current fiscal year.

APA Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 22nd. Shareholders of record on Wednesday, April 22nd will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Wednesday, April 22nd. APA’s dividend payout ratio (DPR) is 25.06%.

Insider Transactions at APA

In other APA news, Director Matthew Regis Bob sold 23,000 shares of the firm’s stock in a transaction 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 sale, the director owned 6,634 shares of the company’s stock, valued at $240,349.82. This trade represents a 77.61% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.69% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On APA

Large investors have recently added to or reduced their stakes in the company. Deseret Mutual Benefit Administrators grew its holdings in APA by 276.7% in the 3rd quarter. Deseret Mutual Benefit Administrators now owns 1,213 shares of the company’s stock worth $29,000 after acquiring an additional 891 shares during the last quarter. Summit Securities Group LLC grew its holdings in APA by 115.1% in the 4th quarter. Summit Securities Group LLC now owns 1,327 shares of the company’s stock worth $32,000 after acquiring an additional 710 shares during the last quarter. Atlantic Union Bankshares Corp bought a new stake in APA in the 3rd quarter worth $34,000. Spire Wealth Management grew its holdings in APA by 179.6% in the 3rd quarter. Spire Wealth Management now owns 1,521 shares of the company’s stock worth $37,000 after acquiring an additional 977 shares during the last quarter. Finally, Camelot Portfolios LLC bought a new stake in APA in the 4th quarter worth $37,000. Institutional investors own 83.01% of the company’s stock.

APA News Summary

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.