Apa Corporation Stock Today

APA Stock  USD 32.34  0.34  1.06%   

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Odds Of Distress

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APA is trading at 32.34 as of the 19th of March 2024, a 1.06 percent increase since the beginning of the trading day. The stock's open price was 32.0. APA has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for APA Corporation are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of January 2023 and ending today, the 19th of March 2024. Click here to learn more.
Business Domain
Energy
IPO Date
15th of May 1979
APA Corporation, through its subsidiaries, explores for, develops, and produces oil and gas properties. APA Corporation was founded in 1954 and is based in Houston, Texas. Apa Corp operates under Oil Gas EP classification in the United States and is traded on NASDAQ Exchange. The company has 301.55 M outstanding shares of which 19.49 M shares are presently shorted by investors with about 3.08 days to cover. More on APA Corporation

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APA Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. APA's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding APA or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, APA's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to APA's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEO DirectorJohn IV
Thematic IdeaPetroleum and Natural Gas (View all Themes)
Old Names[APA Corporation, APA Corporation, APA Corporation, APA Corporation, APA Corporation]
Business ConcentrationOil & Gas Exploration & Production, Oil & Gas E&P, Energy, SP 500 Index, Dow Jones Oil, NASDAQ Composite, ARCA Natural Gas, SPASX 100, SPASX All Australian, SPASX 50, Australia All Ordinaries, SPASX 300, SPASX 200, SPASX 200 Accumulated, Petroleum and Natural Gas, Energy, Oil, Gas & Consumable Fuels, Oil & Gas E&P, Energy (View all Sectors)
Average Analyst Recommendation
Analysts covering APA report their recommendations after researching APA's financial statements, talking to executives and customers, or listening in on APA's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering APA Corporation. The APA consensus assessment is calculated by taking the average forecast from all of the analysts covering APA.
Financial Strength
Based on the key measurements obtained from APA's financial statements, APA Corporation is doing better financially then in previous quarter. It has a moderate risk of reporting better financial numbers in April. Financial strength of APA Corporation is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.30.5431
Way Down
Slightly volatile
Net Debt4.1 B5.2 B
Significantly Down
Pretty Stable
Total Current Liabilities1.7 B2.4 B
Way Down
Slightly volatile
Non Current Liabilities TotalB9.1 B
Fairly Down
Slightly volatile
Total Assets18.2 B15.2 B
Fairly Up
Slightly volatile
Total Current Assets2.1 B2.5 B
Fairly Down
Slightly volatile
Total Cash From Operating Activities3.5 B3.1 B
Moderately Up
Slightly volatile
APA's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to APA's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand APA's financial leverage. It provides some insight into what part of APA's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on APA's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how APA deploys its capital and how much of that capital is borrowed.
Liquidity
APA cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 5.3 B in debt with debt to equity (D/E) ratio of 3.64, meaning that the company heavily relies on borrowing funds for operations. APA Corporation has a current ratio of 1.03, demonstrating that it is in a questionable position to pay out its financial commitments when the payables are due. Debt can assist APA until it has trouble settling it off, either with new capital or with free cash flow. So, APA's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like APA Corporation sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for APA to invest in growth at high rates of return. When we think about APA's use of debt, we should always consider it together with cash and equity.

Change In Cash

(150.1 Million)
APA Corporation (APA) is traded on NASDAQ Exchange in USA. It is located in One Post Oak Central, Houston, TX, United States, 77056-4400 and employs 2,271 people. APA is listed under Oil & Gas Exploration & Production category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 9.65 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. APA Corporation runs under Oil, Gas & Consumable Fuels sector within Energy industry. The entity has 301.55 M outstanding shares of which 19.49 M shares are presently shorted by investors with about 3.08 days to cover. APA Corporation has about 268 M in cash with 3.13 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.83.
Check APA Probability Of Bankruptcy
Ownership Allocation
APA Corporation shows a total of 301.55 Million outstanding shares. The majority of APA Corporation outstanding shares are owned by institutions. These other corporate entities are usually referred to as non-private investors looking to acquire positions in APA Corporation to benefit from reduced commissions. Thereupon, outside corporations are subject to a different set of regulations than regular investors in APA Corporation. Please pay attention to any change in the institutional holdings of APA as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check APA Ownership Details

APA Stock Price Odds Analysis

What are APA's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of APA jumping above the current price in 90 days from now is about 46.48%. The APA Corporation probability density function shows the probability of APA stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.3074. This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, APA will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. APA Corporation is significantly underperforming NYSE Composite.
  Odds Below 32.34HorizonTargetOdds Above 32.34
53.33%90 days
 32.34 
46.48%
Based on a normal probability distribution, the odds of APA to move above the current price in 90 days from now is about 46.48 (This APA Corporation probability density function shows the probability of APA Stock to fall within a particular range of prices over 90 days) .

APA Stock Institutional Holders

Institutional Holdings refers to the ownership stake in APA that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of APA's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing APA's value.
InstituionRecorded OnShares
Northern Trust Corp2023-12-31
3.9 M
Goldman Sachs Group Inc2023-12-31
3.5 M
Ubs Asset Mgmt Americas Inc2023-12-31
3.1 M
Bank Of New York Mellon Corp2023-12-31
M
Lsv Asset Management2023-12-31
2.7 M
Charles Schwab Investment Management Inc2023-12-31
2.6 M
Two Sigma Investments Llc2023-12-31
M
Legal & General Group Plc2023-12-31
1.9 M
Dimensional Fund Advisors, Inc.2023-12-31
1.8 M
Vanguard Group Inc2023-12-31
42.6 M
Blackrock Inc2023-12-31
24.2 M
View APA Diagnostics

APA Historical Income Statement

APA Corporation Income Statement is one of the three primary financial statements used for reporting APA's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of APA Corporation revenue and expense. APA Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, APA's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Operating Income is expected to grow to about 7.2 B, whereas Depreciation And Amortization is forecasted to decline to about 1.4 B. View More Fundamentals

APA Stock Against Markets

Picking the right benchmark for APA stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in APA stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for APA is critical whether you are bullish or bearish towards APA Corporation at a given time. Please also check how APA's historical prices are related to one of the top price index indicators.

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.
Amy NelsonIndependent DirectorProfile
Daniel RabunIndependent DirectorProfile
George LawrenceIndependent DirectorProfile
Juliet EllisIndependent DirectorProfile

How to buy APA Stock?

Before investing in APA, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in APA. To buy APA stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of APA. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase APA stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located APA Corporation stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased APA Corporation stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as APA Corporation, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. 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. For more information on how to buy APA Stock please use our How to Invest in APA guide.

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 Shape 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:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in APA Corporation. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

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When running APA's price analysis, check to measure APA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy APA is operating at the current time. Most of APA's value examination focuses on studying past and present price action to predict the probability of APA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move APA's price. Additionally, you may evaluate how the addition of APA to your portfolios can decrease your overall portfolio volatility.
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Is APA's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of APA. If investors know APA will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about APA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
3.272
Dividend Share
1
Earnings Share
9.25
Revenue Per Share
26.276
Quarterly Revenue Growth
(0.15)
The market value of APA Corporation is measured differently than its book value, which is the value of APA that is recorded on the company's balance sheet. Investors also form their own opinion of APA's value that differs from its market value or its book value, called intrinsic value, which is APA's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because APA's market value can be influenced by many factors that don't directly affect APA's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between APA's value and its price as these two are different measures arrived at by different means. Investors typically determine if APA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, APA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.