APA plans to divest Permian Basin assets for $950 million and will focus on reducing debt and boosting production.
Chevron's languishing stock price is an opportunity to buy into an oil industry titan. Chord Energy is a 7.6%-yielding oil and gas company that's fallen out of favor with investors.
APA (APA) reported earnings 30 days ago. What's next for the stock?
APA plans to sell its Permian Basin drilling assets, valued at around $1 billion, to focus on shale operations and reduce its substantial $6-$7 billion debt.
APA Corporation (APA) bought back 1.5 million shares at $28.72 apiece during the second quarter. The company also shelled out $92 million in dividend payment.
APA (APA) came out with quarterly earnings of $1.17 per share, beating the Zacks Consensus Estimate of $0.95 per share. This compares to earnings of $0.85 per share a year ago.
Higher U.S. output and increase in expenses are likely to have adversely impacted APA Corporation's (APA) profit levels in the second quarter.
APA (APA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
VanEck Oil Services ETF surged by nearly 4% as the "Trump Trade" came back into focus. Consider prospects of a second Trump presidency and sectors that could outperform, including oil. Oil exploration and services stocks like Schlumberger, APA Corp, and Halliburton show potential for growth and multiple expansion.
APA (APA) concluded the recent trading session at $31.67, signifying a +0.67% move from its prior day's close.
Energy stocks are pacing the S&P 500 (SPX) today, as investors rotate out of tech heavyweight Nvidia (NVDA) and settle into other sectors.
In the most recent trading session, APA (APA) closed at $27.94, indicating a +0.43% shift from the previous trading day.