APA Stock Summary and Trading Ideas (Apa | NASDAQ:APA)

APA Corp is an independent exploration and production company. It develops, and produces crude oil, natural gas, and natural gas liquids. The Company's business has oil and gas operations in three geographic areas: the United States (U.S.), Egypt, and offshore the U.K. in the North Sea (North Sea). APA also has active development, exploration, and appraisal operations ongoing in Suriname, as well as exploration interests in Uruguay, Alaska, and other international locations.

Apa trades on the NASDAQ stock market under the symbol APA.

As of May 21, 2025, APA stock price declined to $16.71 with 5,568,320 million shares trading.

APA has a beta of 1.27, meaning it tends to be more sensitive to market movements. APA has a correlation of 0.23 to the broad based SPY ETF.

APA has a market cap of $6.03 billion. This is considered a Mid Cap stock.

Last quarter Apa reported $3 billion in Revenue and $1.06 earnings per share. This beat revenue expectation by $442 million and exceeded earnings estimates by $.32.

In the last 3 years, APA traded as high as $51.95 and as low as $13.58.

The top ETF exchange traded funds that APA belongs to (by Net Assets): VTI, SCHD, VOO, VB, XLE.

APA has underperformed the market in the last year with a return of -42.7%, while the SPY ETF gained +11.3%. In the last 3 month period, APA fell short of the market, returning -28.2%, while SPY returned -4.2%. However, in the most recent 2 weeks APA has outperformed the stock market by returning +6.2%, while SPY returned +4.3%.

APA support price is $16.68 and resistance is $17.82 (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 shares will trade within this expected range on the day.