APA (NASDAQ:APA) VP Mark Maddox Sells 9,800 Shares

APA Corporation (NASDAQ:APA) VP Mark Maddox sold 9,800 shares of APA stock in a transaction that occurred on 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 approximately $2,675,072.40. The trade was a 12.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

APA Stock Performance

Shares of NASDAQ APA opened at $38.80 on Friday. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.58. APA Corporation has a 12 month low of $16.25 and a 12 month high of $45.66. The company has a 50 day simple moving average of $38.87 and a two-hundred day simple moving average of $30.62. The stock has a market cap of $13.71 billion, a price-to-earnings ratio of 9.04 and a beta of 0.38.

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 net margin of 17.38% and a return on equity of 20.70%. The business had revenue of $2.33 billion during the quarter, compared to analysts’ expectations of $2.13 billion. During the same period in the previous year, the business posted $1.06 EPS. The business’s quarterly revenue was down 11.7% compared to the same quarter last year. As a group, analysts predict that APA Corporation will post 5 earnings per share for the current year.

APA Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, August 21st. Stockholders of record on Wednesday, July 22nd will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Wednesday, July 22nd. APA’s payout ratio is 23.31%.

Institutional Investors Weigh In On APA

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. United Capital Management of KS Inc. acquired a new stake in APA during the 3rd quarter worth $1,214,000. Jackson Creek Investment Advisors LLC acquired a new stake in APA during the 3rd quarter worth $2,337,000. Allspring Global Investments Holdings LLC boosted its stake in APA by 57.5% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 306,195 shares of the company’s stock worth $7,765,000 after purchasing an additional 111,777 shares during the last quarter. AE Wealth Management LLC boosted its stake in APA by 2,049.4% during the 3rd quarter. AE Wealth Management LLC now owns 403,511 shares of the company’s stock worth $9,797,000 after purchasing an additional 384,738 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in APA by 71.0% during the 4th 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. Hedge funds and other institutional investors own 83.01% of the company’s stock.

Trending Headlines about APA

Here are the key news stories impacting APA this week:

• Positive Sentiment: Zacks Research raised multiple earnings forecasts for APA, including FY2026, FY2027, and several quarterly estimates, suggesting improved profitability expectations.
• Positive Sentiment: Morgan Stanley increased its price target on APA to $44 from $43, indicating slightly better valuation expectations despite the cautious rating. Article Title
• Positive Sentiment: APA declared a quarterly dividend of $0.25 per share, which may appeal to income-focused investors and support the stock.
• Neutral Sentiment: APA management discussed the company in a shareholder/analyst call transcript, but no major new catalyst was highlighted in the provided excerpt. Article Title
• Negative Sentiment: VP Mark D. Maddox sold 9,800 shares, a insider sale that can be viewed cautiously by investors. Article Title
• Neutral Sentiment: An energy-sector article about Shell divesting Uruguay offshore interests is more relevant to the broader industry than to APA specifically. Article Title

Analyst Upgrades and Downgrades

APA has been the subject of several recent research reports. TD Cowen raised shares of APA to a “hold” rating in a report on Monday, February 9th. Wall Street Zen raised shares of APA from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. Royal Bank Of Canada lifted their target price on shares of APA from $29.00 to $45.00 and gave the company a “sector perform” rating in a report on Wednesday, April 8th. Roth Mkm lifted their target price on shares of APA from $27.00 to $37.00 and gave the company a “neutral” rating in a report on Wednesday, April 15th. Finally, BMO Capital Markets cut their target price on shares of APA from $47.00 to $45.00 and set a “market perform” rating for the company in a report on Wednesday, May 13th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, seventeen have given a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $40.12.

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.