APA Stock Overview
APA Corporation, through its subsidiaries, explores for and produces oil and gas properties.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$30.10|
|52 Week High||US$34.40|
|52 Week Low||US$14.03|
|1 Month Change||16.53%|
|3 Month Change||8.74%|
|1 Year Change||83.76%|
|3 Year Change||-6.11%|
|5 Year Change||-51.51%|
|Change since IPO||300.18%|
Recent News & Updates
APA Corporation's (NASDAQ:APA) Intrinsic Value Is Potentially 22% Below Its Share Price
In this article we are going to estimate the intrinsic value of APA Corporation ( NASDAQ:APA ) by estimating the...
APA Corporation: Well-Positioned To Take Advantage Of Oil Market Tightness
Oil is in a long-term tight supply-demand condition, causing sustained elevated oil prices. US E&P companies have changed their capital allocation framework to prioritize paying down debt and returning capital to shareholders. APA is undervalued compared to peers and is well-positioned.
|APA||US Oil and Gas||US Market|
Return vs Industry: APA exceeded the US Oil and Gas industry which returned 48.8% over the past year.
Return vs Market: APA exceeded the US Market which returned 6.6% over the past year.
|APA Average Weekly Movement||7.7%|
|Oil and Gas Industry Average Movement||7.2%|
|Market Average Movement||6.7%|
|10% most volatile stocks in US Market||15.6%|
|10% least volatile stocks in US Market||2.4%|
Stable Share Price: APA is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: APA's weekly volatility (8%) has been stable over the past year.
About the Company
APA Corporation, through its subsidiaries, explores for and produces oil and gas properties. It has operations in the United States, Egypt, and the United Kingdom, as well as has exploration activities offshore Suriname. It also operates gathering, processing, and transmission assets in West Texas, as well as holds ownership in four Permian-to-Gulf Coast pipelines.
APA Fundamentals Summary
|APA fundamental statistics|
Is APA overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|APA income statement (TTM)|
|Cost of Revenue||US$2.64b|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||1.65|
|Net Profit Margin||8.59%|
How did APA perform over the long term?See historical performance and comparison
1.7%Current Dividend Yield
Is APA undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: APA ($30.1) is trading above our estimate of fair value ($21.08)
Significantly Below Fair Value: APA is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: APA is poor value based on its PE Ratio (18.2x) compared to the US Oil and Gas industry average (17.9x).
PE vs Market: APA is poor value based on its PE Ratio (18.2x) compared to the US market (16.7x).
Price to Earnings Growth Ratio
PEG Ratio: APA is poor value based on its PEG Ratio (3.4x)
Price to Book Ratio
PB vs Industry: APA has negative assets, so we can't compare its PB Ratio to the US Oil and Gas industry average.
How is APA forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: APA's forecast earnings growth (5.4% per year) is above the savings rate (2%).
Earnings vs Market: APA's earnings (5.4% per year) are forecast to grow slower than the US market (13.1% per year).
High Growth Earnings: APA's earnings are forecast to grow, but not significantly.
Revenue vs Market: APA's revenue is expected to decline over the next 3 years (-2.5% per year).
High Growth Revenue: APA's revenue is forecast to decline over the next 3 years (-2.5% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: APA's Return on Equity is forecast to be high in 3 years time (20.4%)
How has APA performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: APA has a large one-off gain of $3.8B impacting its September 30 2021 financial results.
Growing Profit Margin: APA became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: APA has become profitable over the past 5 years, growing earnings by -21.9% per year.
Accelerating Growth: APA has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: APA has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (17.4%).
Return on Equity
High ROE: Whilst APA's Return on Equity (145.95%) is outstanding, this metric is skewed due to their high level of debt.
How is APA's financial position?
Financial Position Analysis
Short Term Liabilities: APA's short term assets ($2.2B) exceed its short term liabilities ($1.8B).
Long Term Liabilities: APA's short term assets ($2.2B) do not cover its long term liabilities ($10.9B).
Debt to Equity History and Analysis
Debt Level: APA's net debt to equity ratio (1156.2%) is considered high.
Reducing Debt: APA's debt to equity ratio has increased from 109.7% to 1218.5% over the past 5 years.
Debt Coverage: APA's debt is well covered by operating cash flow (39.5%).
Interest Coverage: Insufficient data to determine if APA's interest payments on its debt are well covered by EBIT.
What is APA current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: APA's dividend (1.66%) is higher than the bottom 25% of dividend payers in the US market (1.36%).
High Dividend: APA's dividend (1.66%) is low compared to the top 25% of dividend payers in the US market (3.55%).
Stability and Growth of Payments
Stable Dividend: APA's dividends per share have been stable in the past 10 years.
Growing Dividend: APA's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (8.6%), APA's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: APA's dividends in 3 years are forecast to be thoroughly covered by earnings (9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
John Christmann (54 yo)
Mr. John J. Christmann, IV, has been the Chief Executive Officer, President and Director of APA Corporation since January 20, 2015 and served as its Executive Vice President and Chief Operating Officer of...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD14.32M) is about average for companies of similar size in the US market ($USD11.42M).
Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.
Experienced Management: APA's management team is seasoned and experienced (5.2 years average tenure).
Experienced Board: APA's board of directors are considered experienced (7.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
APA Corporation's employee growth, exchange listings and data sources
- Name: APA Corporation
- Ticker: APA
- Exchange: NasdaqGS
- Founded: 1954
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Implied Market Cap: US$10.935b
- Shares outstanding: 363.27m
- Website: https://apacorp.com
Number of Employees
- APA Corporation
- 2000 Post Oak Boulevard
- Suite 100
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/21 23:35|
|End of Day Share Price||2022/01/21 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.