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APA (APA - Free Report) ended the recent trading session at $50.79, demonstrating a -1.68% change from the preceding day's closing price. The stock fell short of the S&P 500, which registered a gain of 0.6% for the day. At the same time, the Dow added 0.03%, and the tech-heavy Nasdaq gained 1.18%.
Coming into today, shares of the oil and natural gas producer had gained 22.04% in the past month. In that same time, the Oils-Energy sector gained 7.33%, while the S&P 500 lost 0.79%.
The investment community will be paying close attention to the earnings performance of APA in its upcoming release. The company is slated to reveal its earnings on November 4, 2026. In that report, analysts expect APA to post earnings of $1.38 per share. This would mark year-over-year growth of 48.39%. Alongside, our most recent consensus estimate is anticipating revenue of $2.37 billion, indicating a 17.6% upward movement from the same quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $6.27 per share and a revenue of $9.4 billion, demonstrating changes of +66.31% and +1.99%, respectively, from the preceding year.
Investors might also notice recent changes to analyst estimates for APA. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. The Zacks Consensus EPS estimate has moved 8.09% higher within the past month. At present, APA boasts a Zacks Rank of #2 (Buy).
Digging into valuation, APA currently has a Forward P/E ratio of 8.24. This indicates a discount in contrast to its industry's Forward P/E of 9.67.
One should further note that APA currently holds a PEG ratio of 0.82. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The average PEG ratio for the Oil and Gas - Exploration and Production - United States industry stood at 0.9 at the close of the market yesterday.
The Oil and Gas - Exploration and Production - United States industry is part of the Oils-Energy sector. Currently, this industry holds a Zacks Industry Rank of 26, positioning it in the top 11% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
View the Zacks #1 Rank List
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APA (APA) Stock Sinks As Market Gains: Here's Why
APA (APA - Free Report) ended the recent trading session at $50.79, demonstrating a -1.68% change from the preceding day's closing price. The stock fell short of the S&P 500, which registered a gain of 0.6% for the day. At the same time, the Dow added 0.03%, and the tech-heavy Nasdaq gained 1.18%.
Coming into today, shares of the oil and natural gas producer had gained 22.04% in the past month. In that same time, the Oils-Energy sector gained 7.33%, while the S&P 500 lost 0.79%.
The investment community will be paying close attention to the earnings performance of APA in its upcoming release. The company is slated to reveal its earnings on November 4, 2026. In that report, analysts expect APA to post earnings of $1.38 per share. This would mark year-over-year growth of 48.39%. Alongside, our most recent consensus estimate is anticipating revenue of $2.37 billion, indicating a 17.6% upward movement from the same quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $6.27 per share and a revenue of $9.4 billion, demonstrating changes of +66.31% and +1.99%, respectively, from the preceding year.
Investors might also notice recent changes to analyst estimates for APA. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. The Zacks Consensus EPS estimate has moved 8.09% higher within the past month. At present, APA boasts a Zacks Rank of #2 (Buy).
Digging into valuation, APA currently has a Forward P/E ratio of 8.24. This indicates a discount in contrast to its industry's Forward P/E of 9.67.
One should further note that APA currently holds a PEG ratio of 0.82. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The average PEG ratio for the Oil and Gas - Exploration and Production - United States industry stood at 0.9 at the close of the market yesterday.
The Oil and Gas - Exploration and Production - United States industry is part of the Oils-Energy sector. Currently, this industry holds a Zacks Industry Rank of 26, positioning it in the top 11% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.