Zacks Research Issues Positive Forecast for APA Earnings

APA Corporation (NASDAQ:APA) – Research analysts at Zacks Research boosted their Q1 2028 earnings estimates for APA in a research report issued to clients and investors on Monday, March 30th. Zacks Research analyst Team now anticipates that the company will earn $1.24 per share for the quarter, up from their previous estimate of $1.22. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for APA’s current full-year earnings is $4.03 per share.

APA (NASDAQ:APA) last issued its quarterly earnings data on Wednesday, February 25th. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.62 by $0.29. The firm 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%. APA’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 EPS.

Other equities analysts also recently issued reports about the company. Roth Mkm boosted their price objective on APA from $23.00 to $27.00 and gave the stock a “neutral” rating in a research report on Thursday, February 26th. Sanford C. Bernstein cut their target price on APA from $26.00 to $25.00 and set a “market perform” rating on the stock in a research note on Monday, January 5th. Piper Sandler boosted their price target on APA from $30.00 to $37.00 and gave the stock a “neutral” rating in a research report on Thursday, March 12th. Capital One Financial increased their price target on APA from $32.00 to $51.00 and gave the stock an “overweight” rating in a research note on Wednesday, March 25th. Finally, Bank of America raised their price target on APA from $23.00 to $27.00 and gave the company an “underperform” rating in a report on Monday, March 16th. Seven equities research analysts have rated the stock with a Buy rating, twenty have issued a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, APA has a consensus rating of “Hold” and an average target price of $35.38.

APA Price Performance

Shares of NASDAQ:APA opened at $41.35 on Thursday. The firm’s 50 day moving average is $31.70 and its two-hundred day moving average is $26.92. APA has a 52 week low of $13.58 and a 52 week high of $45.66. The firm has a market capitalization of $14.61 billion, a P/E ratio of 10.36 and a beta of 0.67. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.61.

APA Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, May 22nd. Investors of record on Wednesday, April 22nd will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Wednesday, April 22nd. APA’s payout ratio is presently 25.06%.

Insider Buying and Selling

In other APA news, Director Matthew Regis Bob sold 23,000 shares of the business’s stock in a transaction dated 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 in the company, valued at approximately $240,349.82. The trade was a 77.61% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.69% of the company’s stock.

Hedge Funds Weigh In On APA

Hedge funds have recently made changes to their positions in the business. Rockefeller Capital Management L.P. raised its holdings in shares of APA by 0.4% in the 4th quarter. Rockefeller Capital Management L.P. now owns 106,667 shares of the company’s stock worth $2,609,000 after purchasing an additional 375 shares in the last quarter. Corient Private Wealth LLC boosted its holdings in APA by 39.2% during the fourth quarter. Corient Private Wealth LLC now owns 185,873 shares of the company’s stock worth $4,547,000 after buying an additional 52,376 shares in the last quarter. DGS Capital Management LLC acquired a new position in APA in the fourth quarter worth approximately $244,000. Compound Planning Inc. increased its holdings in shares of APA by 45.5% in the fourth quarter. Compound Planning Inc. now owns 15,173 shares of the company’s stock valued at $371,000 after buying an additional 4,744 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV boosted its stake in shares of APA by 13.5% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 102,471 shares of the company’s stock worth $2,506,000 after acquiring an additional 12,211 shares in the last quarter. Institutional investors and hedge funds own 83.01% of the company’s stock.

Trending Headlines about APA

Here are the key news stories impacting APA this week:

• Positive Sentiment: Stephens sharply raised its price target for APA to $45 (from $24), signaling stronger upside potential even while keeping an equal-weight rating; this lifted investor sentiment. Stephens Adjusts Price Target on APA to $45 From $24
• Positive Sentiment: Zacks Research nudged up EPS estimates across multiple quarters and raised FY2026/FY2027 forecasts (still with a “Hold” rating), which suggests incremental improvement in Street earnings expectations. MarketBeat APA Profile (Zacks coverage summary)
• Positive Sentiment: APA’s renewed focus on Suriname Block 58 — described as a low‑cost, large offshore opportunity — and its digital/workforce tech push were highlighted in company presentations, supporting a longer-term growth narrative. How APA’s Suriname Block 58 Focus and Digital Push Has Changed Its Investment Story
• Positive Sentiment: APA Solar announced an expansion of its manufacturing campus in Northwest Ohio, showing operational diversification into renewables and potential new revenue streams. APA Solar expands manufacturing campus in Northwest Ohio
• Neutral Sentiment: Analysts and industry outlets published FY2028 expectations and coverage notes for APA — useful for modeling but not a single near-term catalyst. Equities Analysts Set Expectations for APA FY2028 Earnings
• Negative Sentiment: Macro/commodity pressure: APA slid as crude prices pulled back on hopes the Iran war may wind down — a direct negative for APA because upstream cash flows and valuations are oil-price sensitive; QuiverQuant notes the move looked macro-driven rather than company-specific and flags recent insider/institutional selling. APA slides as crude oil pulls back on hopes the Iran war may wind down

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.