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APA Corp APA Stock Quote

| Rating as of

NASDAQ: APA

Last close prices updated as of Feb 07, 2023, 12:10 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 42.02
  • Sector Energy
  • Industry Oil & Gas E&P
  • Investment Style Mid Blend
  • Day Range 41.51  –  42.45
  • Year Range 29.95  –  51.95
  • Market Cap 13.6305 Bil
  • Volume / Avg 1.8 Mil /  6.1 Mil
  • Price / Sales 1.33
  • Price / Book 22.52
  • Forward Div Yield 2.38%
  • Trailing Div Yield 1.77%

Morningstar‘s Stock Analysis APA

Valuation
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Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

APA Working To Delineate Its Suriname Prize

Dave Meats Director

Business Strategy and Outlook

| Dave Meats |

APA is an upstream oil and natural gas producer with assets in the U.S. and overseas. The vast majority of its domestic production is derived from the Permian Basin. This was a key growth engine for the company until 2020, when the coronavirus-related collapse in crude prices forced the company to dial back on drilling capital. Since then production has declined due to lower investment, though management now intends to grow its Permian output to prepandemic levels during 2022. It has recently focused on the same reservoirs that competitors are targeting (the Spraberry and Wolfcamp intervals in the Midland Basin and the Bone Spring and Wolfcamp formations in the Delaware). The firm also focuses on its own discovery in the Permian region, the Alpine High play, and in a higher natural gas price environment like we see today this competes effectively for capital. Alpine High wells are characterized by very strong initial production rates but with a much higher gas and natural gas liquids content than we'd expect elsewhere in the Permian.

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Key Statistics APA

Company Profile APA

Business Description

Based in Houston, APA is an independent exploration and production company. It operates primarily in the U.S., Egypt, the North Sea, and Suriname. At end-2021, proved reserves totaled 913 million barrels of oil equivalent, with net reported production of 388 mboe/d (64% of which was oil and natural gas liquids, with the remainder comprising natural gas).

Contact
2000 Post Oak Boulevard, Suite 100, One Post Oak Central
Houston, TX, 77056-4400
Sector Energy
Industry Oil & Gas E&P
Employees 2,253

Related Articles APA

FAQs for APA Corp Stock

Yes. APA has a forward dividend yield of 2.38%. See APA’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

APA’s market cap is 13.63 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

APA’s stock style is Mid Core.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

APA’s price/sales is 1.33.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

APA’s price/forward earnings is 4.24.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

APA’s price/book is 22.52.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See APA’s valuation ratios compared to the Market Index.

APA’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare APA’s historical performance against its industry peers and the overall market.