DailyIQ
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Sector:EnergyAll sectors
Last updated 2 minutes ago

APA·APA Corporation

$.
-. (-.%)
After Hours
High
$38.32
Open
$38.03
Market Cap
12.93B
52W High
$45.66
Low
$36.55
P. Close
$36.57
P/E
8.43
52W Low
$17.74
Fwd P/E
17.48
DailyIQ Est.
-
Technical Score (1D)
55
BUY
News Sentiment
83
BULLISH
The recent shelf registration for up to $880 million covering 24.16 million shares signals potential capital‑allocation flexibility, which could influence investor sentiment in the coming days, so traders should watch the execution timeline of the ESOP‑related offering. This move follows a strong earnings run and robust free cash flow, reinforcing the company’s valuation narrative, so analysts will watch for any changes in guidance that could alter the upside. The month‑old earnings report has shifted focus to the company’s guidance and forecasted revenue growth for the next quarter, so traders should watch the upcoming earnings call for updated guidance. The guidance will be critical because it will determine whether the strong earnings trend can be sustained, so watch for any revisions to revenue or margin targets. Key drivers for the upcoming quarter include the cost structure and drilling activity levels, which have already been reduced through Permian cost‑cutting initiatives, so watch for any changes in drilling schedules that could affect operating expenses. These cost cuts lower operating expenses and improve margin profiles, which could translate into higher earnings per share if drilling activity remains steady, so watch for any unexpected cost overruns. The GranMorgu development in Suriname, slated for first oil in mid‑2028, adds a long‑term revenue upside that may influence longer‑term valuation but is less relevant for the next 10 trading days, so watch for any updates on the project timeline. The aggressive debt‑reduction plan is expected to improve leverage ratios over the next 12 months, which could reduce financial risk, so watch for any debt repayment announcements. Traders should monitor the upcoming earnings call for updated guidance, any changes in capital‑allocation plans, and the progress of the ESOP offering to gauge the company’s short‑term trajectory.
Earnings Summary
APA Corporation, an independent energy producer headquartered in Houston, focuses on exploration, development, and extraction of crude oil, natural gas, and natural gas liquids primarily in the United States, Egypt, and the North Sea, while also expanding into Suriname and Uruguay to diversify its portfolio. In the oil & gas E&P sector, the company’s performance is closely tied to commodity prices, drilling activity, and reserve additions. Recent quarterly results show a clear upward trajectory in earnings: Q4 2025 reported an EPS of $0.91 versus $0.87 in Q2 2025 and $0.93 in Q3 2025, while Q1 2026 delivered $1.38, a substantial jump from the $0.93 in Q3 2025; revenue mirrored this trend, rising from $1.978 billion in Q4 2025 to $2.215 billion in Q1 2026 after a dip to $2.018 billion in Q3 2025, and the company has consistently beat analyst estimates in five of its last six quarters, with only the Q4 2024 EPS of $0.79 falling short of the $0.9482 estimate. Historically, APA has maintained a pattern of EPS beats despite revenue volatility, with YoY revenue fluctuating between $2.5 billion in Q4 2024 and $2.612 billion in Q1 2025 before declining to $1.978 billion in Q4 2025, yet EPS has shown a steady improvement from $0.79 in Q4 2024 to $1.38 in Q1 2026, underscoring resilient profitability amid market swings. Recent news indicates the company has not released new guidance or operational updates, leaving the market in a holding pattern until the Q2 2026 earnings report; analysts are also monitoring potential regulatory changes from the Department of Energy that could affect drilling permits or environmental compliance costs. Investors should watch for the Q2 2026 earnings release for fresh data on revenue, EPS, and any guidance, as well as any regulatory announcements or macroeconomic indicators such as U.S. oil inventories and refinery utilization that could influence demand for APA’s output.}}

EPS

EstBeatMiss
$0.24$0.77$1.29$1.82$2.35Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26
QtrEstActual+/−
Q2'26$2.10 - -
Q1'26$1.14$1.38+20.9%
Q4'25$0.65$0.91+40.4%
Q3'25$0.79$0.93+17.6%
Q2'25$0.48$0.87+79.5%
Q1'25$0.82$1.06+29.2%

Revenue

EstBeatMiss
$1.8B$2.0B$2.2B$2.5B$2.7BQ1'25Q2'25Q3'25Q4'25Q1'26Q2'26
QtrEstActual+/−
Q2'26$2.6B - -
Q1'26$2.2B$2.2B-0.1%
Q4'25$1.9B$2.0B+5.4%
Q3'25 - $2.0B -
Q2'25 - $2.6B -
Q1'25 - $2.6B -
Full Earnings BreakdownEstimates, actuals, guidance, and historical context
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Market Data

APA Stock Snapshot

APA is currently trading at $36.75, giving APA Corporation a market cap of 12.93B and a P/E ratio of 8.4. Today's range spans $36.55–$38.32, with shares opening at $38.03 and moving up $0.18 (0.5%) from the prior close. DailyIQ's technical score sits at 55/100 (HOLD) with a news sentiment reading of 83/100.

Over the past year APA has traded between $17.74 and $45.66 - the current price is +107.2% off the 52-week low and -19.5% from the high.

Neutral technical setups in large-cap Energy names are inherently unstable - they resolve. Right now, APA (55/100, HOLD, price $36.75, in the upper portion of its 52-week range) is waiting for that resolution. Sentiment: bullish at 83/100. The current P/E ratio stands at 8.4. With 12.93B in market cap, the 52-week range of $17.74–$45.66 is where structural support and resistance live - and which one holds when the next catalyst hits will define the next trade.

In neutral phases, large-cap Energy names like APA are often where sector rotation debates play out quietly — at 12.93B in capitalization, the stock receives incremental allocation from funds reducing mega-cap exposure without the volatility of a small-cap entry. The 55/100 (HOLD) and bullish sentiment (83/100) at $36.75 (in the upper portion of its 52-week range) describe a stock that is being considered rather than avoided.