Zacks Research Estimates APA’s Q3 Earnings (NASDAQ:APA)

APA Corporation (NASDAQ:APA) – Zacks Research boosted their Q3 2026 earnings per share estimates for APA in a research note issued on Monday, December 15th. Zacks Research analyst Team now expects that the company will earn $0.54 per share for the quarter, up from their previous estimate of $0.51. The consensus estimate for APA’s current full-year earnings is $4.03 per share.

APA (NASDAQ:APA) last announced its quarterly earnings results on Wednesday, November 5th. The company reported $0.93 EPS for the quarter, beating the consensus estimate of $0.74 by $0.19. The business had revenue of $2.12 billion for the quarter, compared to analyst estimates of $2.06 billion. APA had a return on equity of 19.86% and a net margin of 15.49%.The company’s quarterly revenue was down 16.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.00 EPS.

A number of other equities research analysts also recently issued reports on the stock. Weiss Ratings reissued a “hold (c-)” rating on shares of APA in a research note on Monday, December 8th. The Goldman Sachs Group lifted their target price on shares of APA from $19.00 to $21.00 and gave the company a “sell” rating in a report on Thursday, November 20th. Morgan Stanley boosted their target price on APA from $22.00 to $23.00 and gave the company an “underweight” rating in a research report on Thursday, November 20th. Piper Sandler raised their price target on APA from $22.00 to $23.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 18th. Finally, Scotiabank lifted their price objective on APA from $22.00 to $26.00 and gave the company a “sector perform” rating in a research note on Thursday, October 9th. Six research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, APA has an average rating of “Hold” and an average price target of $26.73.

APA Stock Up 2.8%

Shares of APA opened at $24.63 on Thursday. The company’s 50-day moving average price is $24.12 and its 200 day moving average price is $22.01. APA has a 12-month low of $13.58 and a 12-month high of $27.72. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.62. The firm has a market cap of $8.74 billion, a P/E ratio of 5.92, a price-to-earnings-growth ratio of 6.46 and a beta of 0.75.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of APA. Hotchkis & Wiley Capital Management LLC raised its position in APA by 2.9% in the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 36,439,749 shares of the company’s stock valued at $765,964,000 after purchasing an additional 1,029,961 shares in the last quarter. Harris Associates L P grew its position in shares of APA by 1.9% during the first quarter. Harris Associates L P now owns 25,708,527 shares of the company’s stock worth $540,393,000 after buying an additional 488,530 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of APA by 2.0% during the second quarter. Charles Schwab Investment Management Inc. now owns 14,208,961 shares of the company’s stock worth $259,882,000 after buying an additional 275,981 shares during the period. Dimensional Fund Advisors LP raised its holdings in APA by 13.6% in the third quarter. Dimensional Fund Advisors LP now owns 14,030,230 shares of the company’s stock valued at $340,657,000 after acquiring an additional 1,674,739 shares in the last quarter. Finally, Northern Trust Corp raised its holdings in APA by 29.6% in the third quarter. Northern Trust Corp now owns 4,462,476 shares of the company’s stock valued at $108,349,000 after acquiring an additional 1,018,326 shares in the last quarter. 83.01% of the stock is owned by institutional investors and hedge funds.

APA Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, February 23rd. Stockholders of record on Thursday, January 22nd will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 4.1%. The ex-dividend date is Thursday, January 22nd. APA’s dividend payout ratio (DPR) is presently 24.04%.

APA Company Profile

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.