27-Mar-2024
Oil prices push higher as Russia orders output cuts, Goldman issues bullish view
Seeking Alpha News (Mon, 25-Mar 6:30 PM 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)
SHAREHOLDER UPDATE: Halper Sadeh LLC Investigates CTLT, AXNX, BATL, APA
PRNewswire (Fri, 16-Feb 11:40 AM ET)
APA Corporation Declares Cash Dividend on Common Shares
Globe Newswire (Thu, 8-Feb 5:46 PM ET)
PRNewswire (Fri, 26-Jan 11:19 PM ET)
Globe Newswire (Tue, 23-Jan 4:15 PM ET)
APA promotes Stephen J. Riney to position of President and Chief Financial Officer
Globe Newswire (Tue, 9-Jan 5:03 PM ET)
Based in Houston, APA is an independent exploration and production company. It operates primarily in the U.S., 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 March 27, 2024, APA stock price climbed to $33.71 with 7,298,642 million shares trading.
APA has a beta of 0.56, 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 $10.17 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): VTI, XLE, VB, SCHD, VOO.
APA has underperformed the market in the last year with a return of -1.9%, while the SPY ETF gained +33.6%. In the last 3 month period, APA fell short of the market, returning -8.6%, while SPY returned +10.1%. However, in the most recent 2 weeks APA has outperformed the stock market by returning +3.5%, while SPY returned +1.7%.
APA support price is $32.20 and resistance is $33.56 (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.