Latest news with #APACorporation
Yahoo
6 days ago
- Business
- Yahoo
APA Corporation Announces Second-Quarter 2025 Financial and Operational Results
HOUSTON, Aug. 06, 2025 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today announced second-quarter 2025 results. Results can be found on the company's website by visiting or APA will host a conference call on Aug. 7 at 10 a.m. Central time via the webcast link available on the company website to discuss the results. Following the conference call, a replay will be available for one year on the 'Investors' page of the company's website. About APA APA Corporation owns consolidated subsidiaries that explore for and produce oil and natural gas in the United States, Egypt and the United Kingdom and that explore for oil and natural gas offshore Suriname and elsewhere. APA posts announcements, operational updates, investor information and press releases on its website, Contacts Investor: (281) 302-2286 Media: (713) 296-7276 Website: APA-F
Yahoo
01-08-2025
- Business
- Yahoo
APA Corporation Stock: Analyst Estimates & Ratings
With a market cap of $7 billion, APA Corporation (APA) is a leading independent energy company engaged in the exploration, development, and production of natural gas, crude oil, and natural gas liquids. With operations spanning the U.S., Egypt, the North Sea, and offshore Suriname, APA plays a significant role in global energy markets. Shares of the Houston, Texas-based company have underperformed the broader market over the past 52 weeks. APA stock has declined 37.2% over this time frame, while the broader S&P 500 Index ($SPX) has gained over 17%. In addition, shares of APA Corporation have dropped 15.6% on a YTD basis, compared to SPX's 8.2% rise. More News from Barchart Morgan Stanley Says Nvidia Has 'Exceptional' Strength. Should You Buy NVDA Stock Here? 2 Growth Stocks Wall Street Predicts Will Soar 74% to 159% Dear MicroStrategy Stock Fans, Mark Your Calendars for July 31 Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. Looking closer, the oil and natural gas producer stock has also lagged behind the Energy Select Sector SPDR Fund's (XLE) 5.5% dip over the past 52 weeks. Shares of APA climbed 4.5% following its Q1 2025 results on May 7. The company posted adjusted EPS of $1.06 and revenue of $2.6 billion, beating analysts' estimates. The company reported adjusted production of 398,000 BOE/day and achieved significant cost efficiency, lowering full-year development capital guidance by $150 million. APA also doubled its 2025 expected run-rate savings to $225 million and announced a promising Sockeye-2 discovery well in Alaska with superior reservoir quality. For the current fiscal year, ending in December 2025, analysts expect APA's adjusted EPS to decrease 22.6% year-over-year to $2.92. The company's earnings surprise history is mixed. It beat the consensus estimates in two of the last four quarters while missing on two other occasions. Among the 26 analysts covering the stock, the consensus rating is a 'Hold.' That's based on five 'Strong Buys,' one 'Moderate Buy,' 16 'Hold' ratings, one 'Moderate Sell,' and three 'Strong Sells.' On Jul. 22, Raymond James raised its price target on APA to $26 and maintained an 'Outperform' rating, citing oil price recovery and stable management activity despite ongoing macro uncertainty. As of writing, the stock is trading below the mean price target of $22.80. The Street-high price target of $35 implies a potential upside of 79.7% from the current price levels. On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Sign in to access your portfolio
Yahoo
30-07-2025
- Business
- Yahoo
Here's Why APA Corp. (APA) Shares Pressured in Q2
Hotchkis & Wiley, an investment management company, released its 'Hotchkis & Wiley Large Cap Disciplined Value Fund' second-quarter 2025 investor letter. A copy of the letter can be downloaded here. The S&P 500 rose 10.9% in Q2 2025, despite recent volatility. After the "liberation day' tariff announcement on April 2, the index plunged over 12% in four days. The market rebounded from this low, nearly +25% over the next ~11 weeks, to finish the quarter at an all-time high. In this environment, the fund performed in line with the Russell 1000 Value Index and returned 3.37% vs. 3.79% for the index. Please review the fund's top 5 holdings to gain insight into their key selections for 2025. In its second-quarter 2025 investor letter, Hotchkis & Wiley Large Cap Disciplined Value Fund highlighted stocks such as APA Corporation (NASDAQ:APA). APA Corporation (NASDAQ:APA) engages in oil and natural gas exploration, development, and production. The one-month return of APA Corporation (NASDAQ:APA) was 0.97%, and its shares lost 36.90% of their value over the last 52 weeks. On July 29, 2025, APA Corporation (NASDAQ:APA) stock closed at $19.68 per share, with a market capitalization of $7.101 billion. Hotchkis & Wiley Large Cap Disciplined Value Fund stated the following regarding APA Corporation (NASDAQ:APA) in its second quarter 2025 investor letter: "APA Corporation (NASDAQ:APA) is an independent exploration and production (E&P) operating offshore in Midland and Delaware basins in the Permian and onshore Egypt. The company has lucrative financial contracts that allow it to generate significant free cash flow (FCF) from differentials in natural gas prices. Investing in this company provides exposure to an energy market that was underearning versus normal levels of profitability and is currently generating significant FCF in what could be a perennially undersupplied market. Stock performance continued to be pressured throughout the quarter, driven by worries surrounding the Organization of the Petroleum Exporting Countries+ (OPEC+) barrels returning to the market, coupled with slowing demand. We believe that APA is misunderstood as investors are focusing on relatively shorter resource life in the Permian without factoring reinvestment opportunities in Suriname, Egypt, and potentially Alaska." Workers in hard hats and safety gear processing oil and gas in a US refinery. APA Corporation (NASDAQ:APA) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 42 hedge fund portfolios held APA Corporation (NASDAQ:APA) at the end of the first quarter, compared to 34 in the previous quarter. While we acknowledge the potential of APA Corporation (NASDAQ:APA) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. In another article, we covered APA Corporation (NASDAQ:APA) and shared Ariel Focus Fund's views on the company. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21-07-2025
- Business
- Yahoo
Why Permian Resources (PR) is a Good Investment for Dividend Income
Permian Resources Corporation (NYSE:PR) is included among the 12 Best Oil and Gas Dividend Stocks to Buy Now. A row of massive oil rigs in a desert landscape, against a setting sun. The strategic advantage of Permian Resources Corporation (NYSE:PR) lies in its low breakeven cost of $40 per barrel, which allows the company to remain profitable and pay dividends even during periods of commodity price volatility. The company announced a quarterly dividend of $0.15 per share in May and boasts an annual dividend yield of 4.85% as of the writing of this piece. In Q1 2025, Permian Resources Corporation (NYSE:PR) reported the highest free cash flow per share in the company's history at $0.54 per share, driven by lower per-unit cost and solid production performance. These numbers are expected to receive a boost as the oil and gas producer recently completed the acquisition of Delaware Basin leasehold and royalty interests from APA Corporation, adding approximately 12,000 Boe a day, 13,320 net acres, and 8,700 net royalty acres to its portfolio. Moreover, these acquired locations have a breakeven price of as low as $30 per barrel, allowing Permian resources to generate in excess of 5% free cash flow per share accretion in the near-term, midterm, and long-term. Artisan Partners stated the following regarding Permian Resources Corporation (NYSE:PR) in its Q1 2025 investor letter: 'We made one new purchase this quarter, adding Permian Resources Corporation (NYSE:PR), an independent oil and gas company. PR is focused solely on the Delaware Basin of West Texas and southwestern New Mexico—the most prolific oil-producing region in the US. The founders and co CEOs, who also have large ownership interests in the business, have sought to build a business that can produce substantial free cash flow, return capital to shareholders and generate attractive equity returns across varied commodities price environments. To achieve these goals, PR has pursued best-in-class operations and responsible capital stewardship by thoughtfully acquiring assets it believes are undervalued and divesting acreage it believes would be better in someone else's hands, while meaningfully returning capital to shareholders in the form of dividends. We always seek to align ourselves with shareholder-oriented management teams, but this is even more critical when investing in mid-sized energy companies given their dependence on the underlying commodity prices and minimal diversification by business and geography as well as the sector's general predilection for reinvesting capital for growth rather than returns. Shares were rangebound for much of 2024 as macro fears have weighed on oil prices and energy sector stocks, giving us an opportunity to purchase a strong operator at a favorable price.' Permian Resources Corporation (NYSE:PR) is an independent oil and natural gas company with operations focused in the Permian Basin, with assets concentrated in the core of the Delaware Basin. While we acknowledge the potential of PR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Nuclear Energy Stocks to Buy Right Now and The 5 Energy Stocks Billionaires are Quietly Piling Into. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21-07-2025
- Business
- Yahoo
APA Corporation (APA) Slid on Concerns Over Poor Investor Sentiment
Ariel Investments, an investment management company, released its 'Ariel Focus Fund' second-quarter investor letter. A copy of the letter can be downloaded here. The second quarter of 2025 saw a period of extremes. Despite an initial market sell-off caused by the 'Liberation Day' tariff announcement, the stock market recovered, supported by renewed interest in AI-related stocks, strong economic data, and solid corporate earnings. In the environment, the fund returned +4.75%, outperforming the Russell 1000 Value Index's +3.79% gain but lagging behind the S&P 500 Index's +10.94% return. In addition, please check the fund's top five holdings to know its best picks in 2025. In its second quarter 2025 investor letter, Ariel Focus Fund highlighted stocks such as APA Corporation (NASDAQ:APA). APA Corporation (NASDAQ:APA) engages in oil and natural gas exploration, development, and production. The one-month return of APA Corporation (NASDAQ:APA) was 2.34%, and its shares lost 39.81% of their value over the last 52 weeks. On July 18, 2025, APA Corporation (NASDAQ:APA) stock closed at $18.82 per share, with a market capitalization of $6.791 billion. Ariel Focus Fund stated the following regarding APA Corporation (NASDAQ:APA) in its second quarter 2025 investor letter: "Oil and natural gas explorer, APA Corporation (NASDAQ:APA) also detracted from relative performance in the quarter amid poor investor sentiment across the energy sector due to concerns of slowing global growth. The company continues to execute on its cost reduction plan and announced the divestiture of its Permian Basic assets in New Mexico to paydown debt. Management remains laser-focused on increasing the operational efficiency of the Callon assets, free cash flow generation and returning capital to shareholders. We believe the company trades at a significant discount to its intrinsic value." Workers in hard hats and safety gear processing oil and gas in a US refinery. APA Corporation (NASDAQ:APA) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 42 hedge fund portfolios held APA Corporation (NASDAQ:APA) at the end of the first quarter, compared to 34 in the previous quarter. While we acknowledge the potential of APA Corporation (NASDAQ:APA) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. In another article, we covered APA Corporation (NASDAQ:APA) and shared the list of the top-performing stocks of the day Jim Cramer highlighted within the S&P 500. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey.
