APA Corporation (APA)
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.
APA (APA) Laps the Stock Market: Here's Why
APA (APA) concluded the recent trading session at $26.89, signifying a +1.36% move from its prior day's close.
If Oil Prices Jump Past This Level On Middle East Tensions These Stocks Could Kick Into Overdrive
Oil stocks are looking to move higher, with Halliburton in the mix.
3 Energy Stocks to Consider as Oil Price Remains Quite Healthy
As oil prices remain elevated, companies like Northern Oil and Gas (NOG), APA, and Devon (DVN) are poised to capitalize on increased exploration and production activities.
APA and TotalEnergies Announce Joint Venture Offshore Suriname
APA and TTE will undertake a project for oil production: Suriname's offshore energy sector is set for a transformation with the $10.5 billion Block 58 project.
Is It Time to Buy September's Worst-Performing S&P 500 Stocks?
Could rebounds be in store for these beaten-down stocks?
Oil Prices Fall 17% in Q3: 3 Reasons for the Slide
Oil prices took a dive in Q3, with OXY, DVN and APA being some of the weakest performers.
TotalEnergies, APA greenlight $10 bln oil and gas project in Suriname
France's TotalEnergies and U.S. APA Corp on Tuesday announced a positive investment decision for Suriname's most promising oil and gas project, Block 58, which is expected to inaugurate the South American country's offshore output.
