APA Corporation (APA)
APA & Palantir Collaborate to Optimize Oil and Gas Production With AI
APA partners with Palantir to boost AI-driven efficiency in oil & gas, enhancing production, maintenance and logistics across its global portfolio.
Ring Energy: APA Transaction Points To Potential Upside
APA sold CBP and NW Shelf assets for $950 million. The metrics for this deal suggest a valuation for Ring's shares that could be approximately 50% to 100% higher than its current share price. Ring will likely need to reduce its leverage without significant dilution to achieve this potential upside, though.
APA Q3 Earnings Miss Even as Callon Buyout Drives Production
APA bought back 102,305 shares at $29.32 apiece during the third quarter. The company also shelled out $92 million in dividend payments.
APA Corporation (APA) Q3 2024 Earnings Call Transcript
APA Corporation (NASDAQ:APA ) Q3 2024 Earnings Conference Call November 7, 2024 11:00 AM ET Company Participants Gary Clark - Vice President, Investor Relations John Christmann - Chief Executive Officer Steve Riney - President & Chief Financial Officer Tracy Henderson - Executive Vice President, Exploration Conference Call Participants Doug Leggate - Wolfe research John Freeman - Raymond James Bob Brackett - Bernstein Research Roger Read - Wells Fargo Securities Paul Cheng - Scotiabank Neal Dingmann - Truist Arun Jayaram - JPMorgan Charles Meade - Johnson Rice Leo Mariani - ROTH Betty Jiang - Barclays Jeoffrey Lambujon - TPH & Company. Operator Good day, everyone, and thank you for standing by.
APA (APA) Lags Q3 Earnings Estimates
APA (APA) came out with quarterly earnings of $1 per share, missing the Zacks Consensus Estimate of $1.03 per share. This compares to earnings of $1.33 per share a year ago.
APA Corporation's Q3 Earnings Preview: Key Things to Consider
APA has a last four-quarter earnings surprise of 4.1%, on average, having surpassed the Zacks Consensus Estimate on two occasions and missing on the other two.
Earnings Preview: APA (APA) Q3 Earnings Expected to Decline
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.
2 Energy Stocks Sliding After Israel's Attack on Iran
Oil prices are sliding on the heels of Israel's attack on Iran over the weekend.
Oil Stocks Fall, Travel Shares Rise as Crude Futures Plunge
Shares of companies impacted by the price of oil were among the biggest movers in the S&P 500 Monday as crude futures sank after a weekend retaliatory strike against Iran by Israel didn't hit Iran's oil facilities.
APA: Raised Callon Synergies, Margin-Accretive Divestment And Suriname FID Confirm Our Rating
Driven by strong initial progress in well performance and overhead, APA raised its Callon synergy target by 66% to $250MM annually, implying a present value worth ~55% of deal value. Management also continues to streamline the business, selling off $950MM worth of non-core U.S. assets, which are expected to lower domestic lease unit costs by ~10%. With the first Suriname FPSO now officially sanctioned, we remain firmly Overweight but decrease our price target to $36/sh on a lower price deck (~46% price upside).
The Zacks Analyst Blog ExxonMobil's, APA, TotalEnergies', Eni SpA and EQT
ExxonMobil's, APA, TotalEnergies', Eni SpA and EQT are included in this Analyst Blog.
APA Corporation: Oil Patch Value
APA Corporation, formerly Apache, is a mid-sized oil and gas company with operations in the US, Egypt, and North Sea. Major events in 2024 include an acquisition adding production in the Permian Basin, and a development commitment for offshore Surinam. APA currently offers a 3.7% dividend and a potential 30% capital gain.
