APA (NASDAQ:APA) Issues Quarterly Earnings Results

APA (NASDAQ:APA) released its earnings results on Wednesday. The company reported $1.38 EPS for the quarter, topping analysts’ consensus estimates of $1.11 by $0.27, Zacks reports. APA had a net margin of 17.38% and a return on equity of 21.06%. The company had revenue of $2.33 billion during the quarter, compared to analysts’ expectations of $2.13 billion. During the same period last year, the business earned $1.06 EPS. APA’s revenue for the quarter was down 11.7% on a year-over-year basis.

APA Trading Down 0.7%

Shares of NASDAQ APA traded down $0.27 during trading on Friday, hitting $35.97. 2,529,090 shares of the company were exchanged, compared to its average volume of 7,960,114. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.82 and a current ratio of 0.82. The company has a fifty day moving average price of $37.36 and a 200-day moving average price of $29.49. APA has a 12-month low of $16.15 and a 12-month high of $45.66. The firm has a market capitalization of $12.71 billion, a PE ratio of 8.39 and a beta of 0.38.

Analysts Set New Price Targets

Several equities research analysts have recently commented on APA shares. BMO Capital Markets lifted their price objective on shares of APA from $35.00 to $47.00 and gave the stock a “market perform” rating in a research note on Tuesday, April 7th. Wolfe Research upped their target price on APA from $45.00 to $47.00 and gave the company an “outperform” rating in a research report on Monday, April 6th. Sanford C. Bernstein boosted their price target on APA from $25.00 to $37.00 and gave the company a “market perform” rating in a research note on Monday, April 13th. Evercore lifted their price objective on shares of APA from $25.00 to $40.00 and gave the company a “neutral” rating in a research note on Tuesday, March 24th. Finally, Susquehanna increased their price objective on shares of APA from $37.00 to $47.00 and gave the stock a “positive” rating in a research note on Tuesday, April 21st. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, nineteen have issued a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, APA currently has an average rating of “Hold” and an average target price of $39.62.

Trending Headlines about APA

Here are the key news stories impacting APA this week:

• Positive Sentiment: Q1 results beat expectations: APA reported $1.38 EPS vs. consensus ~ $1.11 and revenue of $2.33B (above estimates). Strong headline earnings, solid margins and free-cash-flow metrics support the long-term thesis. APA (APA) Surpasses Q1 Earnings and Revenue Estimates
• Positive Sentiment: Fund flows/support: APA was the top contributor in Ariel Focus Fund’s Q1 performance, indicating some institutional buying interest into the quarter. Ariel Focus Fund Q1 2026 Performers And Detractors
• Positive Sentiment: Brokerage tweaks: BofA and others have nudged price targets higher recently (BofA to $30), reflecting improved sector outlooks even where the firm keeps a cautious rating. That provides some support under the shares. BofA Lifts APA PT to $30
• Neutral Sentiment: Mixed analyst stance: Mizuho recently raised its price target (to $32) but maintained an Underperform; overall street price targets remain dispersed (median near ~$35), so analyst views are heterogeneous. Mizuho Price Target Note
• Negative Sentiment: Commodity/operational headwinds drove the pullback: crude prices fell on improved Middle East supply optimism, pressuring E&P stocks. APA disclosed Q1 Permian gas curtailments (roughly 88 MMcf/d) due to weak/negative Waha prices, along with a realized loss on derivatives and higher G&A (including stock-based comp) — factors cited as reasons for today’s sell‑off. APA slides as oil prices fall and investors digest Q1 details
• Negative Sentiment: Investor positioning and insider activity: QuiverQuant notes recent institutional rebalancing and at least one insider sale in the past six months, which can amplify downside when headlines turn cautious. Insider & institutional activity details

Insider Buying and Selling at APA

In other news, Director Matthew Regis Bob sold 23,000 shares of the business’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 sale, the director directly owned 6,634 shares of the company’s stock, valued at approximately $240,349.82. The trade was a 77.61% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.73% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Summit Securities Group LLC grew its position in shares of APA by 115.1% in the 4th quarter. Summit Securities Group LLC now owns 1,327 shares of the company’s stock valued at $32,000 after buying an additional 710 shares during the last quarter. Virtus Advisers LLC purchased a new position in shares of APA during the third quarter worth about $57,000. Sunbelt Securities Inc. grew its holdings in shares of APA by 54.6% during the third quarter. Sunbelt Securities Inc. now owns 4,389 shares of the company’s stock worth $107,000 after purchasing an additional 1,550 shares during the last quarter. CIBC Private Wealth Group LLC increased its position in shares of APA by 27.5% during the fourth quarter. CIBC Private Wealth Group LLC now owns 4,418 shares of the company’s stock worth $108,000 after purchasing an additional 953 shares in the last quarter. Finally, Aster Capital Management DIFC Ltd purchased a new stake in shares of APA in the 4th quarter valued at about $123,000. 83.01% of the stock is owned by institutional investors and hedge funds.

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.