Is APA Stock a Good Investment?

APA Investment Advice

APA

To provide specific investment advice or recommendations on APA Corporation stock, we recommend investors consider the following general factors when evaluating APA Corporation. This will help you to make an informed decision on whether to include APA in one of your diversified portfolios:

Examine APA's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
Research APA's leadership team and their track record. Good management can help APA navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
Consider the overall health of the Oil & Gas Exploration & Production space and any emerging trends that could impact APA's business and its evolving consumer preferences.
Compare APA's performance and market position to its competitors. Analyze how APA is positioned in terms of product offerings, innovation, and market share.
Check if APA pays a dividend and its dividend yield and payout ratio.
Review what financial analysts are saying about APA's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.

It's important to note that investing in APA Corporation stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if APA Corporation is a good investment.

Sell

Buy

Sell

Our trade advice module can be used to complement APA Corporation advice provided by average analyst sentiment. It analyzes the company's potential to grow using fundamental, technical, data market data available right now. To make sure APA Corporation is not overpriced, please confirm all APA Corporation fundamentals, including its profit margin, shares owned by insiders, price to book, as well as the relationship between the current valuation and number of shares shorted . Given that APA Corporation has a price to earning of 4.43 X, we suggest you to validate APA market performance and probability of bankruptcy to ensure the company can sustain itself in the future given your latest risk tolerance and investing horizon.

Market Performance	Weak	Details
Volatility	Very steady	Details
Hype Condition	Stale	Details
Current Valuation	Fairly Valued	Details
Odds Of Distress	Low	Details
Economic Sensitivity	Follows the market closely	Details
Investor Sentiment	Alarmed	Details
Analyst Consensus	Buy	Details
Reporting Quality (M-Score)	Unavailable	Details

Examine APA Stock

Researching APA's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 73.0% of the company shares are held by institutions such as insurance companies. The book value of APA was presently reported as 8.66. The company has Price/Earnings To Growth (PEG) ratio of 0.17. APA Corporation recorded earning per share (EPS) of 8.91. The entity last dividend was issued on the 19th of April 2024. The firm had 2:1 split on the 15th of January 2004.

To determine if APA is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding APA's research are outlined below:

	APA Corporation generated a negative expected return over the last 90 days
	About 73.0% of the company shares are held by institutions such as insurance companies
	Latest headline from bizjournals.com: Apache sells prominent Uptown Houston property, local businessmen plan mixed-use project

APA Quarterly Cash And Short Term Investments

102 Million

APA uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in APA Corporation. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to APA's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.

	21st of February 2024 Upcoming Quarterly Report	View
	1st of May 2024 Next Financial Report	View
	31st of December 2023 Next Fiscal Quarter End	View
	21st of February 2024 Next Fiscal Year End	View
	30th of September 2023 Last Quarter Report	View
	31st of December 2022 Last Financial Announcement	View

Earnings surprises can significantly impact APA's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises APA's investors have experienced.

Reported	Fiscal Date	Estimated EPS	Reported EPS	Surprise
1999-04-29	1999-03-31	-0.03	-0.02	0.01	33
1998-07-23	1998-06-30	0.05	0.04	-0.01	20
2019-05-01	2019-03-31	0.12	0.1	-0.02	16
1998-04-23	1998-03-31	0.07	0.09	0.02	28
1996-10-24	1996-09-30	0.14	0.16	0.02	14
1999-10-28	1999-09-30	0.25	0.28	0.03	12
1999-07-29	1999-06-30	0.1	0.13	0.03	30
1998-01-29	1997-12-31	0.25	0.22	-0.03	12

APA Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. APA target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. APA's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.

Buy

Most APA analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand APA stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of APA Corporation, talking to its executives and customers, or listening to those companies' conference calls.

Macroaxis Advice Exposure Valuation

APA Target Price Projection

APA's current and average target prices are 30.17 and 50.30, respectively. The current price of APA is the price at which APA Corporation is currently trading. On the other hand, APA's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

APA Market Quote on 15th of May 2024

Low Price	29.94	Odds
High Price	30.42	Odds

30.17 Target Price

Analyst Consensus On APA Target Price

Low Estimate	45.77	Odds
High Estimate	55.83	Odds

50.3

Historical

Lowest Forecast 45.77

Target Price 50.3

Highest Forecast 55.83

Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on APA Corporation and the information provided on this page.

APA Analyst Ratings

APA's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about APA stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of APA's financials, market performance, and future outlook by experienced professionals. APA's historical ratings below, therefore, can serve as a valuable tool for investors.

Know APA's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as APA is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading APA Corporation backward and forwards among themselves. APA's institutional investor refers to the entity that pools money to purchase APA's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.

		Shares
Northern Trust Corp	2023-12-31	3.9 M
Goldman Sachs Group Inc	2023-12-31	3.5 M
Ubs Asset Mgmt Americas Inc	2023-12-31	3.1 M
Bank Of New York Mellon Corp	2023-12-31	3 M
Lsv Asset Management	2024-03-31	2.6 M
Charles Schwab Investment Management Inc	2023-12-31	2.6 M
Two Sigma Investments Llc	2023-12-31	2 M
Legal & General Group Plc	2023-12-31	1.9 M
Dimensional Fund Advisors, Inc.	2023-12-31	1.8 M
Vanguard Group Inc	2023-12-31	42.6 M
Blackrock Inc	2023-12-31	24.2 M

Note, although APA's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

APA's market capitalization trends

The company currently falls under 'Large-Cap' category with a total capitalization of 11.28 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate APA's market, we take the total number of its shares issued and multiply it by APA's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Market Cap

15.88 Billion

APA's profitablity analysis

APA's profitability indicators refer to fundamental financial ratios that showcase APA's ability to generate income relative to its revenue or operating costs. If, let's say, APA is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, APA's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of APA's profitability requires more research than a typical breakdown of APA's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.

	Last Reported	Projected for Next Year
Return On Tangible Assets	0.19	0.20
Return On Capital Employed	0.53	0.56
Return On Assets	0.19	0.20
Return On Equity	1.08	1.13

The company has Net Profit Margin of 0.34 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.31 %, which entails that for every 100 dollars of revenue, it generated $0.31 of operating income.

Determining APA's profitability involves analyzing its financial statements and using various financial metrics to determine if APA is a good buy. For example, gross profit margin measures APA's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of APA's profitability and make more informed investment decisions.

APA's Earnings Breakdown by Geography

The data published in APA's official financial statements usually reflect APA's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of APA Corporation. For example, before you start analyzing numbers published by APA accountants, it's critical to develop an understanding of what APA's liquidity, profitability, and earnings quality are in the context of the Oil, Gas & Consumable Fuels space in which it operates.

Please note, the presentation of APA's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, APA's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in APA's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of APA Corporation. Please utilize our Beneish M Score to check the likelihood of APA's management manipulating its earnings.

Evaluate APA's management efficiency

APA Corporation has Return on Asset of 0.1398 % which means that on every $100 spent on assets, it made $0.1398 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 1.2163 %, implying that it generated $1.2163 on every 100 dollars invested. APA's management efficiency ratios could be used to measure how well APA manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.20. The current year's Return On Capital Employed is expected to grow to 0.56. At present, APA's Total Assets are projected to decrease significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 16.1 B, whereas Non Currrent Assets Other are forecasted to decline to about 19.9 M.

	Last Reported	Projected for Next Year
Book Value Per Share	8.62	17.14
Net Current Asset Value	0.00	0.00
Tangible Asset Value	0.00	0.00
Tangible Book Value Per Share	11.98	17.62
Enterprise Value Over EBITDA	3.31	1.93
Price Book Value Ratio	4.16	4.37
Enterprise Value Multiple	3.31	1.93
Price Fair Value	4.16	4.37
Enterprise Value	21.7 B	22.8 B

The analysis of APA's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze APA's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of APA Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.

Dividend Yield

0.0329

Forward Dividend Yield

0.0329

Forward Dividend Rate

Beta

3.293

Basic technical analysis of APA Stock

As of the 15th of May 2024, APA owns the market risk adjusted performance of 0.0435, and Coefficient Of Variation of 4257.06. APA Corporation technical analysis gives you the methodology to make use of past data patterns to determine a pattern that approximates the direction of the firm's future prices. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for APA, which can be compared to its peers in the sector. Please confirm APA Corporation mean deviation, standard deviation, treynor ratio, as well as the relationship between the downside deviation and information ratio to decide if APA Corporation is priced correctly, providing market reflects its prevailing price of 30.17 per share. Given that APA Corporation has jensen alpha of (0.04), we suggest you to validate APA's latest market performance to make sure the company can sustain itself in the future.

APA's insider trading activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific APA insiders, such as employees or executives, is commonly permitted as long as it does not rely on APA's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases APA insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

		Stephen Riney over a month ago Disposition of 86600 shares by Stephen Riney of APA at 35.88 subject to Rule 16b-3
		Voytovich Thomas E over six months ago Exercise or conversion by Voytovich Thomas E of 4842 shares of APA subject to Rule 16b-3

Understand APA's technical and predictive indicators

Using predictive indicators to make investment decisions involves analyzing APA's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.

	Risk Adjusted Performance	0.0213
	Market Risk Adjusted Performance	0.0435
	Mean Deviation	1.48
	Semi Deviation	2.04
	Downside Deviation	2.08
	Coefficient Of Variation	4257.06
	Standard Deviation	1.91
	Variance	3.66
	Information Ratio	(0.02)
	Jensen Alpha	(0.04)
	Total Risk Alpha	(0.19)
	Sortino Ratio	(0.02)
	Treynor Ratio	0.0335
	Maximum Drawdown	9.79
	Value At Risk	(3.88)
	Potential Upside	3.05
	Downside Variance	4.34
	Semi Variance	4.15
	Expected Short fall	(1.44)
	Skewness	(0.29)
	Kurtosis	0.3862

	Risk Adjusted Performance	0.0213
	Market Risk Adjusted Performance	0.0435
	Mean Deviation	1.48
	Semi Deviation	2.04
	Downside Deviation	2.08
	Coefficient Of Variation	4257.06
	Standard Deviation	1.91
	Variance	3.66
	Information Ratio	(0.02)
	Jensen Alpha	(0.04)
	Total Risk Alpha	(0.19)
	Sortino Ratio	(0.02)
	Treynor Ratio	0.0335
	Maximum Drawdown	9.79
	Value At Risk	(3.88)
	Potential Upside	3.05
	Downside Variance	4.34
	Semi Variance	4.15
	Expected Short fall	(1.44)
	Skewness	(0.29)
	Kurtosis	0.3862

Consider APA's intraday indicators

APA intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of APA stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

	Accumulation Distribution	68281.58
	Daily Balance Of Power	(0.06)
	Rate Of Daily Change	1.0
	Day Median Price	30.18
	Day Typical Price	30.18
	Price Action Indicator	(0.03)
	Period Momentum Indicator	(0.03)

APA Corporate Filings

	14th of May 2024 Other Reports	View Verify
8K	2nd of May 2024 Report filed with the SEC to announce major events that shareholders should know about	View Verify
ASR	1st of May 2024 Automatic Shelf Registration Statement under Rule 415 filed with the U.S. Securities and Exchange Commission (SEC)	View Verify
	12th of April 2024 Other Reports	View Verify

APA time-series forecasting models is one of many APA's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary APA's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

APA Stock media impact

Far too much social signal, news, headlines, and media speculation about APA that are available to investors today. That information is available publicly through APA media outlets and privately through word of mouth or via APA internal channels. However, regardless of the origin, that massive amount of APA data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.

A primary focus of APA news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of APA relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to APA's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive APA alpha.

APA Sentiment by Major News Outlets

Investor sentiment, mood or attitude towards APA can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.

Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

APA Corporation Historical Investor Sentiment

Investor biases related to APA's public news can be used to forecast risks associated with an investment in APA. The trend in average sentiment can be used to explain how an investor holding APA can time the market purely based on public headlines and social activities around APA Corporation. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

APA's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for APA and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average APA news discussions. The higher the estimate score, the more favorable the investor's outlook on APA.

APA Maximum Pain Price across 2024-05-17 Option Contracts

APA's options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of APA close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of APA's options.

Be your own money manager

Our tools can tell you how much better you can do entering a position in APA without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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APA Corporate Directors

APA corporate directors refer to members of an APA board of directors. The board of directors generally takes responsibility for the APA's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of APA's board members must vote for the resolution. The APA board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.

Chansoo Joung	Independent Director	Profile
Amy Nelson	Independent Director	Profile
Annell Bay	Independent Director	Profile
Daniel Rabun	Independent Director	Profile

How to buy APA Stock?

Examine APA's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
Research APA's leadership team and their track record. Good management can help APA navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
Consider the overall health of the Oil & Gas Exploration & Production space and any emerging trends that could impact APA's business and its evolving consumer preferences.
Compare APA's performance and market position to its competitors. Analyze how APA is positioned in terms of product offerings, innovation, and market share.
Check if APA pays a dividend and its dividend yield and payout ratio.
Review what financial analysts are saying about APA's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.

Already Invested in APA Corporation?

The danger of trading APA Corporation is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of APA is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than APA. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile APA Corporation is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.

When determining whether APA Corporation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of APA's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Apa Corporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Apa Corporation Stock: