Zacks Research Comments on APA’s Q2 Earnings (NASDAQ:APA)

APA Co. (NASDAQ:APA) – Equities researchers at Zacks Research decreased their Q2 2026 earnings per share estimates for shares of APA in a report released on Monday, April 7th. Zacks Research analyst N. Choudhury now forecasts that the company will post earnings of $0.79 per share for the quarter, down from their previous forecast of $0.80. The consensus estimate for APA’s current full-year earnings is $4.03 per share. Zacks Research also issued estimates for APA’s Q3 2026 earnings at $0.80 EPS, Q4 2026 earnings at $0.80 EPS, FY2026 earnings at $3.15 EPS and FY2027 earnings at $2.19 EPS.

APA (NASDAQ:APA) last issued its earnings results on Wednesday, February 26th. The company reported $0.79 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.97 by ($0.18). APA had a return on equity of 27.86% and a net margin of 24.36%. The firm had revenue of $2.50 billion during the quarter, compared to analysts’ expectations of $2.31 billion.

Several other research analysts have also recently weighed in on APA. Morgan Stanley set a $22.00 price target on APA and gave the stock an “underweight” rating in a research note on Wednesday, March 26th. Raymond James lowered APA from a “strong-buy” rating to an “outperform” rating and decreased their target price for the stock from $45.00 to $32.00 in a research report on Monday, March 10th. Barclays dropped their price target on shares of APA from $27.00 to $25.00 and set an “equal weight” rating on the stock in a report on Tuesday, March 18th. Wells Fargo & Company decreased their price objective on shares of APA from $25.00 to $23.00 and set an “equal weight” rating for the company in a report on Wednesday, March 26th. Finally, Susquehanna dropped their target price on shares of APA from $33.00 to $31.00 and set a “positive” rating on the stock in a report on Monday, March 3rd. Four equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, APA currently has an average rating of “Hold” and an average price target of $27.68.

APA Price Performance

Shares of NASDAQ APA opened at $14.60 on Thursday. The firm has a market cap of $5.32 billion, a P/E ratio of 2.06 and a beta of 2.74. APA has a twelve month low of $13.58 and a twelve month high of $35.25. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 1.03. The company has a 50 day moving average of $20.24 and a 200 day moving average of $22.33.

APA Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 22nd. Stockholders of record on Tuesday, April 22nd will be given a dividend of $0.25 per share. The ex-dividend date is Tuesday, April 22nd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 6.85%. APA’s payout ratio is currently 44.25%.

Hedge Funds Weigh In On APA

A number of hedge funds have recently modified their holdings of APA. Brown Brothers Harriman & Co. raised its stake in APA by 1,087.9% during the 4th quarter. Brown Brothers Harriman & Co. now owns 1,176 shares of the company’s stock valued at $27,000 after purchasing an additional 1,077 shares during the period. TD Private Client Wealth LLC grew its holdings in APA by 84.1% during the 3rd quarter. TD Private Client Wealth LLC now owns 1,182 shares of the company’s stock valued at $29,000 after buying an additional 540 shares in the last quarter. Riverview Trust Co raised its position in shares of APA by 5,718.2% during the fourth quarter. Riverview Trust Co now owns 1,280 shares of the company’s stock valued at $30,000 after buying an additional 1,258 shares during the last quarter. Wilmington Savings Fund Society FSB lifted its holdings in shares of APA by 77.9% in the fourth quarter. Wilmington Savings Fund Society FSB now owns 1,338 shares of the company’s stock worth $31,000 after buying an additional 586 shares in the last quarter. Finally, Runnymede Capital Advisors Inc. bought a new position in shares of APA during the fourth quarter worth $35,000. 83.01% of the stock is currently owned by institutional investors.

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.