APA cuts U.S. natural gas and NGL output in the second quarter due to weak prices and completes its sale of New Mexico assets.
TotalEnergies has acquired a 25% working interest in Block 53 which contains the Baja-1 oil discovery. This partners TTE with APA's 45% working interest in Block 53. This discovery is on the edge of the GranMorgu project, making it a logical extension of the project's capabilities. APA has reported significant efficiency improvements to mitigate a significant portion of the recent commodity price weakness.
In the United States, crude oil extraction in the Midland and Delaware Basins seeks to increase efficiency with fewer drilling rigs by increasing production volumes. The company's EBTIDA margin of 58.80% is extremely interesting. Furthermore, the leveraged free cash flow margin of 22.45% is extremely significant. I would like to emphasize that if we annualize the latest value and compare it to the current EV of $13.15 billion, the EV/EBITDA ratio is 2.21x.
APA (APA) closed at $18.29 in the latest trading session, marking a -1.45% move from the prior day.
APA and OXY are expanding their operations and have a strong presence in the Permian Basin.
APA (APA) concluded the recent trading session at $20.78, signifying a +1.37% move from its prior day's close.
Crude jumps on Middle East tensions. Oil stocks like CIVI, APA and FANG rally on supply fears and rising risk premiums.
In the latest trading session, APA (APA) closed at $19.61, marking a +1.71% move from the previous day.
According to Bank of America, oil could push higher on short covering. Working with a financial advisor can help individuals navigate ongoing political and economic uncertainty.
APA Corporation is trading at recession-like valuation levels, with ultra-low price-to-sales and cash flow ratios rarely seen outside crisis periods. Shares offer a high 17% free cash flow yield and an above-average dividend yield of 5.4%, making it an attractive income and value play in oil/gas. Key risks include elevated debt and the potential for continued low selling prices for fossil fuels, but debt maturities are manageable and cash flow is robust.
APA (APA) reported earnings 30 days ago. What's next for the stock?
APA, PBR and PR stand out in a volatile oil market, backed by strong dividends and robust cash flow strategies.