Vise Technologies Inc. purchased a new position in APA Corporation (NASDAQ:APA – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 52,537 shares of the company’s stock, valued at approximately $1,711,000.
Several other institutional investors also recently modified their holdings of APA. Hollencrest Capital Management boosted its stake in shares of APA by 520.8% during the 1st quarter. Hollencrest Capital Management now owns 596 shares of the company’s stock worth $25,000 after acquiring an additional 500 shares in the last quarter. Cedar Mountain Advisors LLC acquired a new stake in shares of APA during the first quarter worth $28,000. Summit Securities Group LLC raised its position in shares of APA by 115.1% during the fourth quarter. Summit Securities Group LLC now owns 1,327 shares of the company’s stock worth $32,000 after purchasing an additional 710 shares during the period. MidFirst Bank purchased a new stake in shares of APA during the second quarter valued at $33,000. Finally, Gables Capital Management Inc. purchased a new stake in shares of APA during the second quarter valued at $36,000. Institutional investors own 83.01% of the company’s stock.
Key Stories Impacting APA
Here are the key news stories impacting APA this week:
- Positive Sentiment: Argus upgraded APA to Buy, providing a stronger analyst endorsement for the oil and gas producer and potentially supporting investor sentiment. APA Raised to Buy at Argus
- Positive Sentiment: Zacks Research raised multiple earnings forecasts: FY2026 EPS increased to $4.40 from $4.22, FY2027 to $3.16 from $2.99, FY2028 to $3.59 from $3.38, Q1 2027 to $0.94 from $0.84, Q3 2027 to $0.72 from $0.68, and Q4 2027 to $0.73 from $0.69. These revisions indicate improved expectations for APA’s medium-term earnings performance.
- Neutral Sentiment: Zacks maintained a Hold rating despite the higher estimates. The revisions remain below the consensus full-year estimate of $5.27 EPS for the current fiscal year, suggesting analysts see upside in longer-term forecasts but not enough evidence for a more decisive rating change. APA analyst estimates
- Negative Sentiment: Q1 2028 EPS expectations were reduced to $0.99 from $1.03, partially offsetting the broader upward revisions and highlighting uncertainty around future commodity prices, production levels, and operating costs.
Analyst Ratings Changes
APA Stock Performance
Shares of APA stock opened at $43.39 on Friday. The company has a market capitalization of $15.20 billion, a price-to-earnings ratio of 9.17, a P/E/G ratio of 0.80 and a beta of 0.35. APA Corporation has a 1-year low of $20.71 and a 1-year high of $45.66. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.47. The stock’s fifty day simple moving average is $35.97 and its 200-day simple moving average is $35.79.
APA (NASDAQ:APA – Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $1.89 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.90 by ($0.01). APA had a return on equity of 24.84% and a net margin of 19.48%.The business had revenue of $2.37 billion during the quarter, compared to analysts’ expectations of $2.46 billion. During the same period in the prior year, the company posted $0.87 earnings per share. On average, sell-side analysts predict that APA Corporation will post 5.54 earnings per share for the current fiscal year.
APA Company Profile
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.
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