APA (APA) came out with quarterly earnings of $0.79 per share, missing the Zacks Consensus Estimate of $0.97 per share. This compares to earnings of $1.15 per share a year ago.
Here is a look at what to expect from energy stocks APA, OVV, VIST, and EXE ahead of their quarterly earnings reports, set to be released tomorrow.
Evaluate the expected performance of APA (APA) for the quarter ended December 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Strong domestic production is likely to have boosted APA's profit levels in the fourth quarter.
APA (APA) closed at $23.62 in the latest trading session, marking a +0.13% move from the prior day.
In the closing of the recent trading day, APA (APA) stood at $23.31, denoting a +1.39% change from the preceding trading day.
In the latest trading session, APA (APA) closed at $22.19, marking a -0.89% move from the previous day.
In the closing of the recent trading day, APA (APA) stood at $23.38, denoting a +0.26% change from the preceding trading day.
APA (APA) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
The consensus price target hints at a 26.9% upside potential for APA (APA). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
APA (APA) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.