APA Corp. is an $8.2 billion market capitalization US and international oil & gas producer with a 4.5% dividend yield. Current operations are primarily in the US and Egypt, with declining volumes offshore UK. APA is still suffering from low Permian gas prices. APA's acquisition of Callon Petroleum reinforces its Permian Basin position with oilier reserves.
APA (APA) reported earnings 30 days ago. What's next for the stock?
Despite short-term support, structural challenges could cap long-term crude gains. XOM, DVN and APA are well-positioned to navigate this turbulent landscape.
LNG, APA, EQT, XOM and BP emerge as the energy headline makers during the week.
The major stock market indexes are hovering around all-time highs, but there are plenty of industries that have had their fair share of struggles so far this year.
APA partners with Palantir to boost AI-driven efficiency in oil & gas, enhancing production, maintenance and logistics across its global portfolio.
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 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 (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) 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 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.
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.