APA (NASDAQ:APA) Price Target Raised to $37.00
by Scott Moore · The Cerbat GemAPA (NASDAQ:APA – Free Report) had its target price increased by Sanford C. Bernstein from $25.00 to $37.00 in a report released on Monday morning,MarketScreener reports. Sanford C. Bernstein currently has a market perform rating on the stock.
Several other equities analysts have also recently weighed in on APA. Susquehanna raised their price objective on APA from $32.00 to $37.00 and gave the company a “positive” rating in a research note on Tuesday, March 3rd. Stephens raised their price objective on APA from $24.00 to $45.00 and gave the company an “equal weight” rating in a research note on Tuesday, March 31st. Morgan Stanley raised their price objective on APA from $22.00 to $43.00 and gave the company an “underweight” rating in a research note on Friday, March 27th. BMO Capital Markets raised their price objective on APA from $35.00 to $47.00 and gave the company a “market perform” rating in a research note on Tuesday, April 7th. Finally, Wells Fargo & Company raised their price objective on APA from $21.00 to $39.00 and gave the company an “equal weight” rating in a research note on Thursday, April 9th. Seven analysts have rated the stock with a Buy rating, twenty have issued a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat, APA has a consensus rating of “Hold” and a consensus price target of $38.46.
Read Our Latest Stock Analysis on APA
APA Trading Down 1.2%
Shares of APA stock opened at $36.60 on Monday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.82 and a current ratio of 0.82. APA has a 52 week low of $14.84 and a 52 week high of $45.66. The stock has a 50 day moving average price of $34.47 and a two-hundred day moving average price of $28.04. The stock has a market capitalization of $12.93 billion, a PE ratio of 9.17 and a beta of 0.49.
APA (NASDAQ:APA – Get Free Report) last posted its earnings results on Wednesday, February 25th. The company reported $0.91 earnings per share for the quarter, beating analysts’ consensus estimates of $0.62 by $0.29. APA had a return on equity of 19.89% and a net margin of 15.55%.The company had revenue of $1.99 billion for the quarter, compared to analyst estimates of $1.89 billion. During the same quarter last year, the company earned $0.79 earnings per share. The company’s revenue for the quarter was down 26.6% on a year-over-year basis. As a group, equities analysts anticipate that APA will post 4.03 earnings per share for the current fiscal year.
APA Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, May 22nd. Investors of record on Wednesday, April 22nd will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Wednesday, April 22nd. APA’s dividend payout ratio (DPR) is 25.06%.
Insider Buying and Selling
In related news, Director Matthew Regis Bob sold 23,000 shares of APA stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $36.23, for a total transaction of $833,290.00. Following the sale, the director directly owned 6,634 shares in the company, valued at approximately $240,349.82. This trade represents a 77.61% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.69% of the company’s stock.
Institutional Trading of APA
Hedge funds have recently bought and sold shares of the business. United Capital Management of KS Inc. bought a new stake in APA during the third quarter worth $1,214,000. Allspring Global Investments Holdings LLC lifted its holdings in APA by 869.7% during the third quarter. Allspring Global Investments Holdings LLC now owns 194,418 shares of the company’s stock worth $4,872,000 after acquiring an additional 174,369 shares during the period. Jackson Creek Investment Advisors LLC bought a new stake in APA during the third quarter worth $2,337,000. AE Wealth Management LLC lifted its holdings in APA by 2,049.4% during the third quarter. AE Wealth Management LLC now owns 403,511 shares of the company’s stock worth $9,797,000 after acquiring an additional 384,738 shares during the period. Finally, D.A. Davidson & CO. bought a new stake in APA during the third quarter worth $1,828,000. 83.01% of the stock is currently owned by institutional investors.
APA News Summary
Here are the key news stories impacting APA this week:
- Positive Sentiment: Wall Street lifting targets and upbeat commentary: Sanford C. Bernstein and other brokers raised APA’s price target to $37 and Jefferies flagged upside potential, supporting investor sentiment and recent gains. Sanford C. Bernstein Boosts APA Price Target to $37.00
- Positive Sentiment: Roth Capital raised its price target to $37 (maintained Neutral), an upward revision that narrows downside risk and likely helped intraday buying interest earlier in the session. MarketScreener
- Positive Sentiment: Q4 earnings context: APA was listed among Q4 earnings outperformers (it beat EPS/revenue estimates in its last reported quarter), a reminder of prior operational and cash‑flow strength that underpins valuation multiples. Q4 Earnings Outperformers: APA Corporation
- Neutral Sentiment: APA scheduled its Q1 2026 earnings call for May 7 and provided supplemental Q1 estimates — useful for modeling but not a full report; investors should watch the call for detail and guidance updates. GlobeNewswire: Q1 Supplemental
- Neutral Sentiment: Market/valuation write‑ups note recent momentum and mixed signals — useful context for longer‑term investors but not an immediate catalyst. Assessing APA Valuation
- Negative Sentiment: Operational headwinds in Q1: APA curtailed ~88 MMcf/d of U.S. natural gas and ~6,800 BPD of NGLs due to weak Waha prices — production cuts reduce near‑term volumes and revenue versus prior expectations. Q1 Supplemental
- Negative Sentiment: Costs and mark‑to‑market items: Q1 G&A was ~$115M (includes ~$25M higher stock‑based comp tied to the share price) and APA recorded a $66M realized loss on commodity derivatives — these items compress near‑term reported income. QuiverQuant Summary
- Negative Sentiment: Market rotation hit the stock: broader risk‑on moves (hopes for a U.S.–Iran ceasefire) prompted investors to rotate out of energy hedges, contributing to a pullback in APA shares during afternoon trading. Why APA Shares Are Falling Today
APA Company Profile
APA Corporation (NASDAQ: APA) is an independent exploration and production company engaged in the acquisition, development and production of oil and natural gas resources. The company operates through three core regions: the United States, Egypt and the North Sea. Through its integrated approach, APA combines geological and geophysical expertise with technical innovation to identify and develop hydrocarbons in both onshore and offshore settings.
In the United States, APA’s largest position is in the Permian Basin of West Texas and southeastern New Mexico, where it holds substantial acreage dedicated to oil-focused drilling and production.