APA Corporation (NASDAQ:APA)

APA Corporation APA

Energy - Oil & Gas Exploration & Production - NASDAQ - US

Watchlist

$ 22.38

-0.974 %

$ 8.28 B

Market Cap

3.18

P/E

1. INTRINSIC VALUE

APA Corporation, through its subsidiaries, explores for, develops, and produces oil and gas properties. It has operations in the United States, Egypt, and the United Kingdom, as well as has exploration activities offshore Suriname. The company also operates gathering, processing, and transmission assets in West Texas, as well as holds ownership in four Permian-to-Gulf Coast pipelines. APA Corporation was founded in 1954 and is based in Houston, Texas.[ Read More ]

The intrinsic value of one APA stock under the base case scenario is HIDDEN Compared to the current market price of 22.4 USD, APA Corporation is HIDDEN

APA Intrinsic Value
HIDDEN

SHOW

2. FUNDAMENTAL ANALYSIS

Price Chart APA

FINANCIALS

Annual
Quarterly

8.28 B REVENUE

Growth Rates

1Year -25.25%

3Years 23.13%

5Years 2.41%

7Years 6.39%

10Years -6.61%

5.21 B OPERATING INCOME

Growth Rates

1Year 30.37%

3Years 73.90%

5Years 21.49%

7Years 68.26%

10Years 0.78%

3.21 B NET INCOME

Growth Rates

1Year -21.44%

3Years 38.45%

5Years 62.16%

7Years 24.31%

10Years 3.43%

3.13 B OPERATING CASH FLOW

Growth Rates

1Year -36.70%

3Years 31.12%

5Years -3.69%

7Years 3.68%

10Years -10.82%

-2.14 B INVESTING CASH FLOW

Growth Rates

1Year -41.50%

3Years -13.40%

5Years 11.53%

7Years -3.68%

10Years 11.33%

-1.15 B FINANCING CASH FLOW

Growth Rates

1Year 67.07%

3Years -137.25%

5Years -7.86%

7Years -4.23%

10Years -1.68%

2.53 B REVENUE

Growth Rates

1Year -25.25%

3Years 23.13%

5Years 2.41%

7Years 6.39%

10Years -6.61%

0 OPERATING INCOME

Growth Rates

1Year 30.37%

3Years 73.90%

5Years 21.49%

7Years 68.26%

10Years 0.78%

20 M NET INCOME

Growth Rates

1Year -21.44%

3Years 38.45%

5Years 62.16%

7Years 24.31%

10Years 3.43%

1.34 B OPERATING CASH FLOW

Growth Rates

1Year -36.70%

3Years 31.12%

5Years -3.69%

7Years 3.68%

10Years -10.82%

-855 M INVESTING CASH FLOW

Growth Rates

1Year -41.50%

3Years -13.40%

5Years 11.53%

7Years -3.68%

10Years 11.33%

-580 M FINANCING CASH FLOW

Growth Rates

1Year 67.07%

3Years -137.25%

5Years -7.86%

7Years -4.23%

10Years -1.68%

Balance Sheet Decomposition APA Corporation

15.2 B ASSETS
11.6 B LIABILITIES

Current Assets	2.46 B
Cash & Short-Term Investments	87 M
Receivables	1.61 B
Other Current Assets	765 M
Non-Current Assets	12.8 B
Long-Term Investments	437 M
PP&E	10 B
Other Non-Current Assets	2.31 B

Current Liabilities	2.4 B
Accounts Payable	658 M
Short-Term Debt	118 M
Other Current Liabilities	1.63 B
Non-Current Liabilities	9.15 B
Long-Term Debt	5.19 B
Other Non-Current Liabilities	3.96 B

EFFICIENCY

Earnings Waterfall APA Corporation

Revenue	8.28 B
Cost Of Revenue	2.36 B
Gross Profit	5.92 B
Operating Expenses	558 M
Operating Income	5.21 B
Other Expenses	2 B
Net Income	3.21 B

RATIOS

71.52% GROSS MARGIN

Averages

1Year 71.52%

3Years 57.44%

5Years 44.51%

7Years 42.85%

10Years -6.68%

62.94% OPERATING MARGIN

Averages

1Year 62.94%

3Years 39.52%

5Years 9.31%

7Years 12.54%

10Years -32.49%

34.48% NET MARGIN

Averages

1Year 34.48%

3Years 27.08%

5Years -17.53%

7Years -9.28%

10Years -49.26%

107.53% ROE

Averages

1Year 107.53%

3Years 296.13%

5Years 214.89%

7Years 156.09%

10Years 14.83%

18.73% ROA

Averages

1Year 18.73%

3Years 18.22%

5Years -0.83%

7Years 0.29%

10Years -13.66%

73.91% ROIC

Averages

1Year 73.91%

3Years 46.88%

5Years 18.89%

7Years 15.28%

10Years -8.13%

FREE CASH FLOW ANALYSIS

Free Cash Flow Analysis APA Corporation

Net Income	3.21 B
Depreciation & Amortization	1.77 B
Capital Expenditures	-2.36 B
Stock-Based Compensation	0
Change in Working Capital	-417 M
Others	1.81 B
Free Cash Flow	772 M

3. WALL STREET ANALYSTS ESTIMATES

Wall Street Analysts Price Targets APA Corporation

Wall Street analysts predict an average 1-year price target for APA of $39.8 , with forecasts ranging from a low of $28 to a high of $74 .

APA Lowest Price Target Wall Street Target

28 USD 25.11%

APA Average Price Target Wall Street Target

39.8 USD 77.70%

APA Highest Price Target Wall Street Target

74 USD 230.65%

4. DIVIDEND ANALYSIS

1.02% DIVIDEND YIELD

0.25 USD DIVIDEND PER SHARE

5. COMPETITION

Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States.

66.7 USD

DVN

Undervalued 73.49%

ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids worldwide.

244 USD

COP

Undervalued 117.24%

Diamondback Energy, Inc., an independent oil and natural gas company, focuses on the acquisition, development, exploration, and exploitation of unconventional and onshore oil and natural gas reserves in the Permian Basin in West Texas.

70.6 USD

FANG

Overvalued 60.03%

Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States, the Middle East, Africa, and Latin America.

83.3 USD

OXY

Undervalued 66.69%

Hess Corporation, an exploration and production company, explores, develops, produces, purchases, transports, and sells crude oil, natural gas liquids (NGLs), and natural gas.

-63.2 USD

HES

Overvalued 143.42%

Permian Resources Corporation, an independent oil and natural gas company, focuses on the development of crude oil and related liquids-rich natural gas reserves in the United States.

-13.5 USD

Overvalued 191.33%

EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets crude oil, and natural gas and natural gas liquids.

180 USD

EOG

Undervalued 33.72%

Coterra Energy Inc., an independent oil and gas company, engages in the development, exploration and production of oil, natural gas, and natural gas liquids in the United States.

65.9 USD

CTRA

Undervalued 157.81%

Range Resources Corporation operates as an independent natural gas, natural gas liquids (NGLs), and oil company in the United States. The company engages in the exploration, development, and acquisition of natural gas and oil properties.

7.43 USD

RRC

Overvalued 77.79%

Murphy Oil Corporation, together with its subsidiaries, operates as an oil and natural gas exploration and production company in the United States, Canada, and internationally.

7.2 USD

MUR

Overvalued 77.84%

6. Ownership

Insider Ownership APA Corporation

Summary
Transactions

Sold

0-3 MONTHS

0 USD 0

3-6 MONTHS

0 USD 0

6-9 MONTHS

0 USD 0

9-12 MONTHS

0 USD 0

Bought

0 USD 0

0-3 MONTHS

0 USD 0

3-6 MONTHS

0 USD 0

6-9 MONTHS

0 USD 0

9-12 MONTHS

Date	Value	Insider	Amount	Avg Price

7. News

APA Q3 Earnings Miss Even as Callon Buyout Drives Production APA bought back 102,305 shares at $29.32 apiece during the third quarter. The company also shelled out $92 million in dividend payments. zacks.com - 3 days ago

High Yield Oil And Gas Ranked By Relative Quality With oil near its one-year low and natural gas near its five-year low, oil and gas producers are on sale; with offering yields over 4%. Thirty-nine energy producers were evaluated by means of a multi-factor relative value matrix and ranked from most to least favorable. Based on this evaluation, EQNR, VRN, MGYOY, PCCYF, and CHRD appear to be the best prospects. seekingalpha.com - 1 week ago

APA Corporation (APA) Q3 2024 Earnings Call Transcript APA Corporation (NASDAQ:APA ) Q3 2024 Earnings Conference Call November 7, 2024 11:00 AM ET Company Participants Gary Clark - Vice President, Investor Relations John Christmann - Chief Executive Officer Steve Riney - President & Chief Financial Officer Tracy Henderson - Executive Vice President, Exploration Conference Call Participants Doug Leggate - Wolfe research John Freeman - Raymond James Bob Brackett - Bernstein Research Roger Read - Wells Fargo Securities Paul Cheng - Scotiabank Neal Dingmann - Truist Arun Jayaram - JPMorgan Charles Meade - Johnson Rice Leo Mariani - ROTH Betty Jiang - Barclays Jeoffrey Lambujon - TPH & Company. Operator Good day, everyone, and thank you for standing by. seekingalpha.com - 1 week ago

APA (APA) Lags Q3 Earnings Estimates APA (APA) came out with quarterly earnings of $1 per share, missing the Zacks Consensus Estimate of $1.03 per share. This compares to earnings of $1.33 per share a year ago. zacks.com - 1 week ago

APA Corporation Announces Third-Quarter 2024 Financial and Operational Results HOUSTON, Nov. 06, 2024 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today announced third-quarter 2024 results. Results can be found on the company's website by visiting www.apacorp.com or investor.apacorp.com. globenewswire.com - 1 week ago

APA Corporation's Q3 Earnings Preview: Key Things to Consider APA has a last four-quarter earnings surprise of 4.1%, on average, having surpassed the Zacks Consensus Estimate on two occasions and missing on the other two. zacks.com - 1 week ago

Earnings Preview: APA (APA) Q3 Earnings Expected to Decline APA (APA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 2 weeks ago

APA Corporation Appoints Kenneth Fisher to Board of Directors HOUSTON, Oct. 28, 2024 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) has announced the appointment of Kenneth M. Fisher to its board of directors. globenewswire.com - 2 weeks ago

2 Energy Stocks Sliding After Israel's Attack on Iran Oil prices are sliding on the heels of Israel's attack on Iran over the weekend. schaeffersresearch.com - 2 weeks ago

Oil Stocks Fall, Travel Shares Rise as Crude Futures Plunge Shares of companies impacted by the price of oil were among the biggest movers in the S&P 500 Monday as crude futures sank after a weekend retaliatory strike against Iran by Israel didn't hit Iran's oil facilities. investopedia.com - 2 weeks ago

APA: Raised Callon Synergies, Margin-Accretive Divestment And Suriname FID Confirm Our Rating Driven by strong initial progress in well performance and overhead, APA raised its Callon synergy target by 66% to $250MM annually, implying a present value worth ~55% of deal value. Management also continues to streamline the business, selling off $950MM worth of non-core U.S. assets, which are expected to lower domestic lease unit costs by ~10%. With the first Suriname FPSO now officially sanctioned, we remain firmly Overweight but decrease our price target to $36/sh on a lower price deck (~46% price upside). seekingalpha.com - 3 weeks ago

APA Corporation Announces Retirement of General Counsel Anthony Lannie and Promotion of David J. Bernal to Vice President Legal HOUSTON, Oct. 15, 2024 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) announces the retirement of executive vice president and general counsel Anthony Lannie, effective Oct. 9, 2024. David J. Bernal has been promoted to vice president Legal and acting general counsel. globenewswire.com - 1 month ago

8. Profile Summary

APA Corporation APA

COUNTRY US

INDUSTRY Oil & Gas Exploration & Production

MARKET CAP $ 8.28 B

Dividend Yield 1.02%

Description APA Corporation, through its subsidiaries, explores for, develops, and produces oil and gas properties. It has operations in the United States, Egypt, and the United Kingdom, as well as has exploration activities offshore Suriname. The company also operates gathering, processing, and transmission assets in West Texas, as well as holds ownership in four Permian-to-Gulf Coast pipelines. APA Corporation was founded in 1954 and is based in Houston, Texas.

Contact 2000 Post Oak Boulevard, Houston, TX, 77056-4000 https://apacorp.com

IPO Date May 15, 1979

Employees 2271

Officers Mr. Travis Osborne Vice President & Chief Information Officer Mr. Scott R. Grandt Senior Vice President of Corporate Development Mr. David J. Bernal Vice President & Acting General Counsel Mr. John J. Christmann IV Chief Executive Officer & Director Mr. Stephen J. Riney President & Chief Financial Officer Ms. Castlen Kennedy Senior Vice President of Corporate Affairs & Marketing Ms. Rebecca A. Hoyt Senior Vice President, Chief Accounting Officer & Controller Mr. Mark D. Maddox Executive Vice President of Administration Ms. Tracey K. Henderson Executive Vice President of Exploration Mr. David Clay Bretches Executive Vice President of Operations

Price Chart APA

APA Corporation APA

Premium Plan

Unlimited Plan