APA (APA) to Announce Earnings on Wednesday

APA (NASDAQ:APA) is projected to post its Q2 2026 results after the market closes on Wednesday, August 5th. Analysts expect the company to post earnings of $1.90 per share and revenue of $2.4605 billion for the quarter. Investors may review the information on the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Thursday, August 6, 2026 at 11:00 AM ET.

APA (NASDAQ:APA) last released its earnings results on Wednesday, May 6th. The company reported $1.38 EPS for the quarter, beating analysts’ consensus estimates of $1.11 by $0.27. APA had a return on equity of 20.70% and a net margin of 17.38%.The firm had revenue of $2.33 billion for the quarter, compared to analysts’ expectations of $2.13 billion. During the same quarter in the prior year, the firm posted $1.06 earnings per share. The company’s quarterly revenue was down 11.7% on a year-over-year basis. On average, analysts expect APA to post $5 EPS for the current fiscal year and $3 EPS for the next fiscal year.

APA Price Performance

Shares of APA stock opened at $37.32 on Monday. The stock has a 50 day moving average price of $35.21 and a 200 day moving average price of $34.38. APA has a 52-week low of $17.86 and a 52-week high of $45.66. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.92 and a current ratio of 0.92. The firm has a market capitalization of $13.19 billion, a P/E ratio of 8.70 and a beta of 0.35.

APA Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 21st. Stockholders of record on Wednesday, July 22nd will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Wednesday, July 22nd. APA’s dividend payout ratio (DPR) is 23.31%.

Insider Buying and Selling at APA

In other news, VP Mark D. Maddox sold 9,800 shares of the stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $40.04, for a total transaction of $392,392.00. Following the transaction, the vice president directly owned 66,810 shares in the company, valued at approximately $2,675,072.40. This trade represents a 12.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.73% of the company’s stock.

Institutional Trading of APA

A number of hedge funds have recently bought and sold shares of APA. Dimensional Fund Advisors LP boosted its position in APA by 9.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 15,321,936 shares of the company’s stock valued at $374,786,000 after acquiring an additional 1,291,706 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of APA by 2.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 14,710,034 shares of the company’s stock worth $359,807,000 after acquiring an additional 285,542 shares in the last quarter. Morgan Stanley lifted its stake in shares of APA by 21.8% during the 4th quarter. Morgan Stanley now owns 10,425,586 shares of the company’s stock worth $255,010,000 after purchasing an additional 1,864,900 shares during the last quarter. Northern Trust Corp lifted its stake in shares of APA by 29.6% during the 3rd quarter. Northern Trust Corp now owns 4,462,476 shares of the company’s stock worth $108,349,000 after purchasing an additional 1,018,326 shares during the last quarter. Finally, AQR Capital Management LLC lifted its stake in shares of APA by 157.1% during the 2nd quarter. AQR Capital Management LLC now owns 3,060,135 shares of the company’s stock worth $55,970,000 after purchasing an additional 1,869,891 shares during the last quarter. Hedge funds and other institutional investors own 83.01% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on APA. Capital One Financial upped their price target on shares of APA from $50.00 to $51.00 and gave the stock an “overweight” rating in a report on Tuesday, May 12th. BMO Capital Markets reduced their target price on shares of APA from $47.00 to $45.00 and set a “market perform” rating on the stock in a research report on Wednesday, May 13th. Roth Capital raised shares of APA from a “neutral” rating to a “buy” rating and lifted their price target for the company from $37.00 to $38.00 in a research note on Monday, June 22nd. Raymond James Financial dropped their price objective on APA from $57.00 to $50.00 and set an “outperform” rating on the stock in a research note on Monday, July 13th. Finally, Scotiabank raised their price objective on APA from $26.00 to $36.00 and gave the stock a “sector perform” rating in a report on Wednesday, April 22nd. Eight analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $40.35.

About APA

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.