Zacks Research Issues Pessimistic Outlook for APA Earnings

APA Co. (NASDAQ:APA) – Analysts at Zacks Research reduced their Q2 2026 earnings per share (EPS) estimates for APA in a research report issued to clients and investors 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.

A number of other research firms also recently commented on APA. Susquehanna reduced their price objective on shares of APA from $33.00 to $31.00 and set a “positive” rating for the company in a research note on Monday, March 3rd. Barclays cut their target price on shares of APA from $27.00 to $25.00 and set an “equal weight” rating for the company in a research report on Tuesday, March 18th. Raymond James cut shares of APA from a “strong-buy” rating to an “outperform” rating and dropped their target price for the stock from $45.00 to $32.00 in a report on Monday, March 10th. Piper Sandler reduced their price objective on shares of APA from $26.00 to $23.00 and set a “neutral” rating on the stock in a report on Tuesday, December 17th. Finally, The Goldman Sachs Group reissued a “sell” rating and issued a $23.00 target price on shares of APA in a report on Wednesday, March 19th. Four research analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $27.68.

APA Price Performance

NASDAQ APA opened at $16.71 on Thursday. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.24 and a quick ratio of 1.24. The stock’s 50-day moving average is $20.37 and its two-hundred day moving average is $22.41. The firm has a market cap of $6.08 billion, a P/E ratio of 2.36 and a beta of 2.74. APA has a fifty-two week low of $13.58 and a fifty-two week high of $35.25.

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

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in APA. Dimensional Fund Advisors LP boosted its holdings in shares of APA by 33.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 6,186,244 shares of the company’s stock valued at $142,823,000 after purchasing an additional 1,540,055 shares during the last quarter. Freestone Grove Partners LP bought a new position in APA in the 4th quarter worth $30,767,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of APA by 29.1% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,297,871 shares of the company’s stock valued at $122,328,000 after acquiring an additional 1,195,212 shares in the last quarter. Bank of New York Mellon Corp boosted its position in APA by 29.4% in the fourth quarter. Bank of New York Mellon Corp now owns 4,092,666 shares of the company’s stock valued at $94,500,000 after buying an additional 929,770 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of APA by 7.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 12,886,087 shares of the company’s stock worth $297,540,000 after buying an additional 894,574 shares during the last quarter. 83.01% of the stock is owned by hedge funds and other institutional investors.

APA Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 22nd. Stockholders of record on Tuesday, April 22nd will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 5.98%. The ex-dividend date is Tuesday, April 22nd. APA’s payout ratio is 44.25%.

About APA

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.