APA Corporation (APA) To Go Ex-Dividend on October 22nd

APA Corporation (NASDAQ:APA) announced a quarterly dividend on Wednesday, September 16th. Investors of record on Thursday, October 22nd will be paid a dividend of 0.25 per share on Monday, November 23rd. This represents a c) dividend on an annualized basis and a yield of 2.2%. The ex-dividend date is Thursday, October 22nd.

APA has increased its dividend payment by an average of 0.2%per year over the last three years. APA has a payout ratio of 34.8% indicating that its dividend is sufficiently covered by earnings. Analysts expect APA to earn $3.88 per share next year, which means the company should continue to be able to cover its $1.00 annual dividend with an expected future payout ratio of 25.8%.

APA Trading Up 1.5%

Shares of APA stock opened at $45.46 on Friday. APA has a 1 year low of $21.63 and a 1 year high of $47.44. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.95 and a current ratio of 0.95. The company has a market capitalization of $15.93 billion, a P/E ratio of 9.61, a PEG ratio of 0.79 and a beta of 0.37. The company’s fifty day moving average is $39.94 and its two-hundred day moving average is $37.97.

APA (NASDAQ:APA) last announced its earnings results on Wednesday, August 5th. The company reported $1.89 EPS for the quarter, missing analysts’ consensus estimates of $1.90 by ($0.01). APA had a net margin of 19.48% and a return on equity of 24.84%. The business had revenue of $2.37 billion during the quarter, compared to analysts’ expectations of $2.46 billion. During the same period in the previous year, the company posted $0.87 earnings per share. Analysts forecast that APA will post 5.7 earnings per share for the current year.

APA News Summary

Here are the key news stories impacting APA this week:

• Positive Sentiment: APA maintained its quarterly dividend at $0.25 per share, equivalent to an annualized $1.00 and an indicated yield of approximately 2.2%. The dividend is payable November 23 to shareholders of record October 22. APA Keeps Quarterly Dividend at $0.25 a Share; Approves Additional Buyback Authorization
• Positive Sentiment: Technical analysts said APA may have broken above longstanding resistance near $45, potentially signaling that selling pressure is easing and a new uptrend is developing. The stock also recently reached a new 52-week high, reinforcing the positive momentum narrative. Stock of the Day: Did APA Corporation Break Major Resistance?
• Positive Sentiment: Zacks highlighted APA as a potentially strong growth stock, which may attract growth, value and momentum-oriented investors. Here’s Why APA Is a Strong Growth Stock
• Neutral Sentiment: Brokers issued updated forecasts for APA’s fourth-quarter earnings, but the available report does not provide enough detail to determine whether the revisions are favorable or unfavorable. Brokers Issue Forecasts for APA’s Q4 Earnings
• Negative Sentiment: APA recently underperformed the broader market, declining 5.53% in the prior session. That weakness may reflect profit-taking or broader energy-sector pressure and remains a near-term risk despite the subsequent recovery. Here’s Why APA Fell More Than the Broader Market

About APA

APA Corporation (NASDAQ: APA) is an independent energy company engaged in the exploration, development and production of oil, natural gas and natural gas liquids. The company operates through subsidiaries and manages upstream assets spanning exploration, drilling, production and related field-development activities.

APA’s principal producing operations are in the Permian Basin of the United States and in Egypt. The company has also pursued offshore exploration opportunities in Suriname, where it has participated in drilling and appraisal activities in the country’s offshore blocks.