APA Corporation: Kicking Tires In The Gas Heavy Sector
APA Corporation's stock has underperformed despite generating free cash flow, paying dividends, and repurchasing shares, making it a potential buy for growth and income. Gas demand is rising, benefiting APA's West Texas production; WAHA hub pricing has turned positive, crucial for APA's revenue. Management's capital allocation strategy faces criticism; focus on share buybacks over debt reduction may hinder stock price recovery.
Why U.S. Oil and Gas Stocks Plunged Today
Shares of U.S.-based oil and gas fracking companies such as Devon Energy (DVN -11.76%), APA Corporation (APA -15.07%), and Diamondback Energy (FANG -11.38%) plunged on Thursday, falling 11.2%, 14.4%, and 11%, respectively, as of 12:32 p.m. ET.
APA (APA) Up 3.8% Since Last Earnings Report: Can It Continue?
APA (APA) reported earnings 30 days ago. What's next for the stock?
APA (APA) Ascends But Remains Behind Market: Some Facts to Note
APA (APA) reachead $20.84 at the closing of the latest trading day, reflecting a +1.12% change compared to its last close.
APA Reduces Workforce as Part of Cost-Cutting Initiative
APA reduces its workforce by 10-15% to cut costs and enhance competitiveness amid declining oil prices and rising automation.
APA's North Slope Prospects Strengthened by Sockeye-2 Discovery
APA and its partners announce promising results from the Sockeye-2 well, confirming a high quality reservoir and unlocking potential in Alaska.
Compared to Estimates, APA (APA) Q4 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for APA (APA) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
APA Corp: An Interesting Proxy For Suriname Working Interests But Not Much Else (Rating Downgrade)
APA had strong FCF generation in Q4, significantly improving the company's full year performance. I expect FCF generation to reduce in 2025 due to weaker oil prices but offset by improving natural gas fundamentals and lower CAPEX expenses. The company is beginning the four-year journey to bring online the Suriname asset. This asset is expected to product very healthy margins with breakeven levels below $20/barrel.
Why Oil and Gas Stocks Plunged This Week
The oil and gas market dropped this week on a number of news items that seemed to hit the energy industry all at once. OPEC is increasing production, the U.S. economy may be slowing, and U.S. tariffs have become a topic once again.
Oil Slips to 2025 Lows Following OPEC's Output Hike, Stocks Slide
Energy stocks like APA, FANG and COP may face near-term volatility, but long-term fundamentals remain intact.
APA Q4 Earnings Disappoint Even as Callon Buy Drives Production
APA bought back 4.6 million shares at $21.90 apiece during the fourth quarter. The company also shelled out $93 million in dividend payments.
APA Corporation (APA) Q4 2024 Earnings Call Transcript
APA Corporation (NASDAQ:APA ) Q4 2024 Earnings Conference Call February 27, 2025 11:00 AM ET Company Participants Ben Rodgers - Senior Vice President of Finance and Treasurer John Christmann - Chief Executive Officer Stephen Riney - President and Chief Financial Officer Tracey Henderson - Senior Vice President of Exploration Conference Call Participants Doug Leggate - Wolfe research Charles Meade - Johnson Rice Scott Hanold - RBC Capital Markets Leo Mariani - ROTH Capital Partners Betty Jiang - Barclays Bertrand Donnes - Truist Securities David Deckelbaum - TD Cowen Neil Mehta - Goldman Sachs Group, Inc. Operator Thank you for standing by. Welcome to the APA Corporation's Fourth Quarter 2024 Financial and Operational Results.
