22-Apr-2024
Goldman picks top capex and R&D stocks
Seeking Alpha News (Sun, 21-Apr 2:42 PM ET)
APA (APA) Gets a Hold from Piper Sandler
TipRanks (Fri, 19-Apr 7:25 AM ET)
PRNewswire (Tue, 16-Apr 1:12 PM ET)
Globe Newswire (Wed, 10-Apr 7:30 AM ET)
APA Corporation Announces Updates to Executive Leadership
Globe Newswire (Tue, 9-Apr 4:41 PM ET)
APA Corporation Appoints Matthew Bob and Anya Weaving to Board of Directors
Globe Newswire (Mon, 1-Apr 9:45 AM ET)
APA Corporation Completes Acquisition of Callon Petroleum Company
Globe Newswire (Mon, 1-Apr 9:00 AM ET)
AppFolio Set to Join S&P MidCap 400; Inari Medical to Join S&P SmallCap 600
PRNewswire (Mon, 25-Mar 6:15 PM ET)
Globe Newswire (Mon, 26-Feb 5:51 PM ET)
APA Corporation Announces Fourth-Quarter and Full-Year 2023 Financial and Operational Results
Globe Newswire (Wed, 21-Feb 4:13 PM ET)
Based in Houston, APA is an independent exploration and production company. It operates primarily in the US, Egypt, the North Sea, and Suriname. At year-end 2023, proved reserves totaled 807 million barrels of oil equivalent, with net reported production of 405 thousand boe/day that year (64% of which was oil and natural gas liquids, with the remainder natural gas).
Apa trades on the NASDAQ stock market under the symbol APA.
As of April 22, 2024, APA stock price climbed to $32.47 with 4,117,879 million shares trading.
APA has a beta of 0.53, meaning it tends to be less sensitive to market movements. APA has a correlation of 0.04 to the broad based SPY ETF.
APA has a market cap of $12.06 billion. This is considered a Large Cap stock.
Last quarter Apa reported $2 billion in Revenue and $1.15 earnings per share. This fell short of revenue expectation by $-158 million and missed earnings estimates by -$.20.
In the last 3 years, APA stock traded as high as $51.95 and as low as $15.55.
The top ETF exchange traded funds that APA belongs to (by Net Assets): VOO, VTI, XLE, VB, SCHD.
APA has underperformed the market in the last year with a price return of -12.5% while the SPY ETF gained +22.3%. However, in the short term, APA had mixed performance relative to the market. It has outperformed in the last 3 months, returning +7.7% vs +3.9% return in SPY. But in the last 2 weeks, APA shares have been beat by the market, returning -8.4% compared to an SPY return of -3.6%.
APA support price is $31.66 and resistance is $33.06 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that APA stock will trade within this expected range on the day.