Roth Capital Brokers Reduce Earnings Estimates for APA

APA Co. (NASDAQ:APA - Free Report) - Analysts at Roth Capital decreased their Q1 2025 EPS estimates for APA in a research note issued on Monday, April 14th. Roth Capital analyst L. Mariani now expects that the company will post earnings of $0.97 per share for the quarter, down from their previous estimate of $1.02. The consensus estimate for APA's current full-year earnings is $4.03 per share. Roth Capital also issued estimates for APA's Q1 2026 earnings at $0.90 EPS, Q2 2026 earnings at $0.80 EPS, Q4 2026 earnings at $1.05 EPS and FY2026 earnings at $3.71 EPS.

APA (NASDAQ:APA - Get Free Report) last announced its earnings results on Wednesday, February 26th. The company reported $0.79 EPS for the quarter, missing analysts' consensus estimates of $0.97 by ($0.18). APA had a return on equity of 27.86% and a net margin of 24.36%. The company had revenue of $2.50 billion during the quarter, compared to the consensus estimate of $2.31 billion.

Several other equities analysts also recently weighed in on APA. Scotiabank lowered their price target on shares of APA from $26.00 to $14.00 and set a "sector perform" rating on the stock in a report on Friday, April 11th. Wells Fargo & Company dropped their target price on shares of APA from $25.00 to $23.00 and set an "equal weight" rating for the company in a report on Wednesday, March 26th. Susquehanna decreased their price target on APA from $33.00 to $31.00 and set a "positive" rating on the stock in a report on Monday, March 3rd. Raymond James lowered APA from a "strong-buy" rating to an "outperform" rating and dropped their price objective for the stock from $45.00 to $32.00 in a research note on Monday, March 10th. Finally, JPMorgan Chase & Co. decreased their target price on APA from $23.00 to $20.00 and set a "neutral" rating on the stock in a research note on Thursday, March 13th. Four investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, APA presently has a consensus rating of "Hold" and an average target price of $26.21.

APA Stock Performance

Shares of APA stock traded up $0.75 during trading hours on Wednesday, reaching $16.12. 7,366,161 shares of the company traded hands, compared to its average volume of 6,791,856. The firm has a 50-day moving average price of $19.41 and a 200 day moving average price of $21.98. The company has a market cap of $5.83 billion, a P/E ratio of 2.28 and a beta of 2.74. APA has a 12-month low of $13.58 and a 12-month high of $33.41. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.24 and a quick ratio of 1.24.

Institutional Investors Weigh In On APA

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in APA. Dimensional Fund Advisors LP increased its position in shares of APA by 33.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 6,186,244 shares of the company's stock valued at $142,823,000 after purchasing an additional 1,540,055 shares during the last quarter. Freestone Grove Partners LP bought a new position in APA during the fourth quarter valued at $30,767,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of APA by 29.1% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,297,871 shares of the company's stock valued at $122,328,000 after acquiring an additional 1,195,212 shares during the period. Bank of New York Mellon Corp raised its stake in shares of APA by 29.4% in the fourth quarter. Bank of New York Mellon Corp now owns 4,092,666 shares of the company's stock valued at $94,500,000 after acquiring an additional 929,770 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of APA by 7.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 12,886,087 shares of the company's stock worth $297,540,000 after purchasing an additional 894,574 shares during the period. 83.01% of the stock is currently owned by hedge funds and other institutional investors.

APA Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 22nd. Investors of record on Tuesday, April 22nd will be given a $0.25 dividend. The ex-dividend date of this dividend is Tuesday, April 22nd. This represents a $1.00 annualized dividend and a yield of 6.20%. APA's dividend payout ratio is currently 44.25%.

APA Company Profile

APA Corporation, an independent energy company, explores for, develops, and produces natural gas, crude oil, and natural gas liquids. It has oil and gas operations in the United States, Egypt, and North Sea. The company also has exploration and appraisal activities in Suriname, as well as holds interests in projects located in Uruguay and internationally.