APA - Apache Corp Stock Price, Fair Value and News

32.35USD+0.30 (+0.94%)Market Closed

Market Summary

USD32.35+0.30

Market Closed

0.94%

APA Stock Price

View Fullscreen

APA RSI Chart

APA Valuation

Market Cap

9.8B

Price/Earnings (Trailing)

3.04

Price/Sales (Trailing)

1.19

EV/EBITDA

3.13

Price/Free Cashflow

3.12

APA Price/Sales (Trailing)

APA Profitability

EBT Margin

35.19%

Return on Equity

120.79%

Return on Assets

21.04%

Free Cashflow Yield

32.05%

APA Fundamentals

APA Revenue

Revenue (TTM)

8.2B

Rev. Growth (Yr)

-20.5%

Rev. Growth (Qtr)

-18.06%

APA Earnings

Earnings (TTM)

3.2B

Earnings Growth (Yr)

245.83%

Earnings Growth (Qtr)

235.86%

Breaking Down APA Revenue

Last 7 days

-0.6%

Last 30 days

-7.3%

Last 90 days

0.0%

Trailing 12 Months

-11.7%

How does APA drawdown profile look like?

APA Financial Health

Current Ratio

1.02

Debt/Equity

1.95

Debt/Cashflow

0.6

APA Investor Care

Dividend Yield

3.09%

Dividend/Share (TTM)

Buy Backs (1Y)

2.94%

Diluted EPS (TTM)

9.25

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	10.3B	9.2B	8.7B	8.2B
2022	9.7B	10.9B	12.2B	12.1B
2021	5.1B	6.3B	6.8B	7.9B
2020	6.0B	5.4B	4.9B	4.3B
2019	0	0	0	6.6B

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed S&P 500 Index

Grufity's Fair Value model takes all the S&P 500 stocks and divides them into separate buckets based on their attractiveness. The 'Very Cheap' bucket of S&P 500 has greatly outperformed S&P 500 Index. Conversely, S&P500 stocks considered 'Very Expensive' by the model underperformed the S&P500 index in the past three years. Grufity Fair Value is available for 2300+ stocks, including 90% of S&P 500 stocks. Grufity's Fair Value Model separates high-return stocks from low-return stocks.

Returns of $10,000 invested in:

Very Cheap Stocks: $17,289
S&P 500 Index: $12,922
Very Expensive Stocks: $11,022

Grufity's Fair Value model does a great job in separating High Performing Stocks from Low Performing ones in the S&P 500 list.

S&P 500 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Apache Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Feb 01, 2024	maddox mark d	back to issuer	-70,131	30.8	-2,277	executive vp - administration
Feb 01, 2024	hoyt rebecca a	sold (taxes)	-33,479	30.8	-1,087	sr. vp, chief acct officer
Feb 01, 2024	lannie p anthony	acquired	-	-	6,595	exec. vice pres & gen counsel
Feb 01, 2024	henderson tracey k	back to issuer	-85,223	30.8	-2,767	executive vp exploration
Feb 01, 2024	henderson tracey k	sold (taxes)	-50,327	30.8	-1,634	executive vp exploration
Feb 01, 2024	pursell david a	back to issuer	-105,213	30.8	-3,416	exec. vice pres - development
Feb 01, 2024	christmann john j	gifted	-	-	-3,504	ceo
Feb 01, 2024	riney stephen j	sold (taxes)	-91,445	30.8	-2,969	president & cfo
Feb 01, 2024	lannie p anthony	sold (taxes)	-47,986	30.8	-1,558	exec. vice pres & gen counsel
Feb 01, 2024	hoyt rebecca a	acquired	-	-	4,602	sr. vp, chief acct officer

Which funds bought or sold APA recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 24, 2024	IAG Wealth Partners, LLC	new	-	5,501	5,501	-%
Apr 24, 2024	U S GLOBAL INVESTORS INC	sold off	-100	-358,800	-	-%
Apr 24, 2024	ADAMS NATURAL RESOURCES FUND, INC.	unchanged	-	-84,000	1,925,280	0.27%
Apr 24, 2024	Assenagon Asset Management S.A.	reduced	-84.72	-24,569,100	4,214,920	0.01%
Apr 24, 2024	Robeco Institutional Asset Management B.V.	reduced	-86.39	-4,831,340	724,351	-%
Apr 24, 2024	V-Square Quantitative Management LLC	added	63.58	89,658	247,674	0.04%
Apr 24, 2024	RAYMOND JAMES TRUST N.A.	added	16.46	52,069	501,467	0.01%
Apr 24, 2024	Spire Wealth Management	added	51.7	7,036	16,846	-%
Apr 24, 2024	Hartford Financial Management Inc.	added	0.27	-5,153	126,136	0.03%
Apr 24, 2024	ALBERT D MASON INC	added	2.37	-7,000	381,000	0.24%

Are Funds Buying or Selling APA?

Are funds buying APA calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own APA

No. of Funds

Unveiling Apache Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	harris associates l p	5.12%	15,705,693	SC 13G
Feb 13, 2024	hotchkis & wiley capital management llc	6.62%	20,299,538	SC 13G
Feb 13, 2024	vanguard group inc	13.90%	42,643,301	SC 13G/A
Jan 30, 2024	state street corp	6.52%	20,002,099	SC 13G/A
Jan 26, 2024	blackrock inc.	7.9%	24,242,782	SC 13G/A
Feb 14, 2022	dodge & cox	0.2%	610,326	SC 13G/A
Feb 11, 2022	hotchkis & wiley capital management llc	5.13%	18,630,099	SC 13G
Feb 11, 2022	harris associates l p	5.3%	19,148,135	SC 13G
Feb 09, 2022	vanguard group inc	12.45%	45,212,514	SC 13G/A
Feb 09, 2022	state street corp	6.37%	23,122,695	SC 13G

Recent SEC filings of Apache Corp

View All Filings

Date Filed	Form Type	Document
Apr 12, 2024	DEF 14A	DEF 14A
Apr 12, 2024	DEFA14A	DEFA14A
Apr 10, 2024	8-K	Current Report
Apr 08, 2024	3	Insider Trading
Apr 04, 2024	3	Insider Trading
Apr 02, 2024	S-8 POS	Employee Benefits Plan
Apr 02, 2024	S-3ASR	S-3ASR
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading

Apache Corp News

Latest updates

Apache Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																	(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4
Revenue	-18.1%	1,892	2,309	1,961	2,030	2,380	2,872	3,052	3,828	2,403	1,651	1,782	2,092	1,289	1,144	596	1,279	-
Costs and Expenses	-8.4%	1,352	1,476	1,261	1,220	1,578	1,700	1,590	1,530	1,749	1,529	1,287	1,472	1,219	1,072	1,012	5,845	-
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	914	942	-	-
S&GA Expenses	-46.0%	75.00	139	72.00	65.00	169	69.00	89.00	156	137	70.00	86.00	83.00	76.00	52.00	94.00	68.00	-
EBITDA Margin	1.9%	0.58*	0.57*	0.56*	0.56*	0.60*	0.59*	0.56*	0.55*	0.47*	0.46*	0.50*	0.45*	-0.61*	-	-	-	-
Interest Expenses	-53.6%	51.00	110	56.00	112	48.00	102	47.00	125	77.00	132	120	113	78.00	129	86.00	126	-
Income Taxes	-15.5%	357	422	254	286	378	357	415	305	207	183	131	124	71.00	58.00	-27.00	98.00	-
Earnings Before Taxes	-35.2%	540	833	700	810	802	1,172	1,462	2,298	654	122	495	620	70.00	72.00	-416	-4,566	-
EBT Margin	-2.9%	0.35*	0.36*	0.38*	0.41*	0.47*	0.46*	0.41*	0.37*	0.24*	0.19*	0.20*	0.07*	-1.12*	-	-	-	-
Net Income	235.9%	1,864	555	462	326	539	530	1,067	1,946	485	-30.00	408	450	55.00	41.00	-378	-4,622	-
Net Income Margin	80.6%	0.39*	0.22*	0.20*	0.24*	0.34*	0.33*	0.32*	0.29*	0.17*	0.13*	0.15*	0.03*	-1.14*	-	-	-	-
Free Cashflow	34.8%	1,030	764	1,181	516	1,594	1,285	1,716	1,072	1,266	952	1,150	852	679	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																	(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4
Assets	12.5%	15,244	13,545	13,244	13,213	13,147	13,629	12,924	12,476	13,303	13,310	13,512	13,127	12,746	12,875	12,999	13,391	18,107
Current Assets	-12.1%	2,462	2,800	2,599	2,732	2,708	3,135	3,083	2,593	2,380	2,181	2,945	2,345	1,846	-	-	-	-
Cash Equivalents	-8.4%	87.00	95.00	142	154	245	268	282	234	302	377	1,249	538	262	162	135	428	247
Net PPE	-	-	-	-	-	-	-	-	-	-	8,336	8,501	8,718	8,819	-	-	-	-
Current Liabilities	-8.8%	2,404	2,635	2,630	2,454	2,916	2,984	2,813	2,114	2,117	1,839	1,773	1,338	1,308	-	-	-	-
Long Term Debt	-7.1%	5,186	5,582	5,574	5,796	5,451	5,404	5,160	5,764	7,295	7,193	8,420	8,713	8,770	-	-	-	-
LT Debt, Non Current	-	-	-	-	-	4,885	-	-	-	7,295	-	-	8,713	8,770	8,750	8,523	8,336	8,555
Shareholder's Equity	146.3%	2,655	1,078	1,696	1,433	423	1,551	1,505	852	-	-	76.00	-	-	-	-	-	4,465
Retained Earnings	37.5%	-2,959	-4,732	-5,191	-5,572	-5,814	-6,257	-6,679	-7,605	-9,488	-9,870	-9,757	-10,073	-10,461	-	-	-	-
Additional Paid-In Capital	-0.6%	11,126	11,197	11,267	11,337	11,420	11,494	11,567	11,600	11,645	11,686	11,704	11,727	11,735	-	-	-	-
Accumulated Depreciation	-	-	-	-	-	-	-	-	-	-	33,889	33,744	35,146	34,810	-	-	-	-
Shares Outstanding	-0.3%	308	309	310	311	332	339	344	346	374	378	378	378	-	-	-	-	-
Minority Interest	0.7%	1,036	1,029	987	989	922	-	-	-	820	854	92.00	70.00	69.00	-	-	-	-
Float	-	-	-	10,499	-	-	-	11,605	-	-	-	8,177	-	-	-	-	-	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																	(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4
Cashflow From Operations	34.8%	1,030	764	1,000	335	1,413	1,104	1,535	891	1,085	771	969	671	498	304	84.00	502	-
Cashflow From Investing	46.6%	-356	-667	-583	-532	-617	-910	-450	466	-291	-149	-126	-267	-190	-359	-408	-509	-
Cashflow From Financing	-373.6%	-682	-144	-429	106	-819	-208	-1,037	-1,425	-869	-1,494	-132	-128	-208	82.00	31.00	188	-
Dividend Payments	-1.3%	76.00	77.00	77.00	78.00	80.00	41.00	43.00	43.00	25.00	9.00	9.00	9.00	10.00	9.00	10.00	94.00	-

APA Income Statement

2023-12-31

STATEMENT OF CONSOLIDATED OPERATIONS - USD ($)
shares in Millions

12 Months Ended

Dec. 31, 2023

Dec. 31, 2022

Dec. 31, 2021

Derivative instrument gains (losses), net

$ 99,000,000

$ (114,000,000)

$ 94,000,000

Gain on divestitures, net

8,000,000

1,180,000,000

67,000,000

Losses on previously sold Gulf of Mexico properties

(212,000,000)

(157,000,000)

(446,000,000)

Other, net

18,000,000

148,000,000

228,000,000

Total revenues and other

8,192,000,000

12,132,000,000

7,928,000,000

OPERATING EXPENSES:

Lease operating expenses

^[1]

1,436,000,000

1,444,000,000

1,241,000,000

Taxes other than income

207,000,000

268,000,000

204,000,000

Exploration

195,000,000

305,000,000

155,000,000

General and administrative

351,000,000

483,000,000

376,000,000

Transaction, reorganization, and separation

15,000,000

26,000,000

22,000,000

Depreciation, depletion, and amortization

1,540,000,000

1,233,000,000

1,360,000,000

Asset retirement obligation accretion

116,000,000

117,000,000

113,000,000

Impairments

61,000,000

208,000,000

Financing costs, net

312,000,000

379,000,000

514,000,000

Total operating expenses

5,309,000,000

6,398,000,000

6,037,000,000

NET INCOME BEFORE INCOME TAXES

2,883,000,000

5,734,000,000

1,891,000,000

Current income tax provision

1,338,000,000

1,507,000,000

652,000,000

Deferred income tax provision (benefit)

(1,662,000,000)

145,000,000

(74,000,000)

NET INCOME INCLUDING NONCONTROLLING INTERESTS

3,207,000,000

4,082,000,000

1,313,000,000

Net income (loss) attributable to Altus Preferred Unit limited partners

(70,000,000)

162,000,000

NET INCOME ATTRIBUTABLE TO COMMON STOCK

$ 2,855,000,000

$ 3,674,000,000

$ 973,000,000

NET INCOME PER COMMON SHARE:

Basic (in USD per share)

$ 9.26

$ 11.05

$ 2.60

Diluted (in USD per share)

$ 9.25

$ 11.02

$ 2.59

WEIGHTED-AVERAGE NUMBER OF COMMON SHARES OUTSTANDING:

Basic (in shares)

308

332

374

Diluted (in shares)

309

333

375

Noncontrolling interest - Egypt

OPERATING EXPENSES:

Net income (loss) attributable to noncontrolling interest

$ 352,000,000

$ 464,000,000

$ 174,000,000

Noncontrolling interest - Altus

OPERATING EXPENSES:

Net income (loss) attributable to noncontrolling interest

14,000,000

4,000,000

Oil and gas

Total revenues

8,279,000,000

11,075,000,000

7,985,000,000

Oil and gas, excluding purchased

Total revenues

^[1]

7,385,000,000

9,220,000,000

6,498,000,000

OPERATING EXPENSES:

Gathering, processing, and transmission & purchased oil and gas costs

^[1]

334,000,000

367,000,000

264,000,000

Purchased oil and gas costs

Total revenues

^[1]

894,000,000

1,855,000,000

1,487,000,000

OPERATING EXPENSES:

Gathering, processing, and transmission & purchased oil and gas costs

^[1]

$ 742,000,000

$ 1,776,000,000

$ 1,580,000,000

[1]	(1) For related party transactions associated with Kinetik, refer to Note 6—Equity Method Interest for further detail.

APA Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
CURRENT ASSETS:
Cash and cash equivalents	$ 87	$ 245
Receivables, net of allowance of $114 and $117	1,610	1,466
Other current assets (Note 5)	765	997
Total current assets	2,462	2,708
PROPERTY AND EQUIPMENT:
Oil and gas properties, on the basis of successful efforts accounting:	44,860	42,356
Gathering, processing, and transmission facilities	448	449
Other	634	613
Less: Accumulated depreciation, depletion, and amortization	(35,904)	(34,406)
Property and equipment, net	10,038	9,012
OTHER ASSETS:
Equity method interests (Note 6)	437	624
Decommissioning security for sold Gulf of Mexico properties (Note 11)	21	217
Deferred tax asset (Note 10)	1,758	39
Deferred charges and other	528	547
Assets	15,244	13,147
CURRENT LIABILITIES:
Accounts payable	658	771
Current debt	2	2
Other current liabilities (Note 7)	1,744	2,143
Total current liabilities	2,404	2,916
LONG-TERM DEBT (Note 9)	5,186	5,451
DEFERRED CREDITS AND OTHER NONCURRENT LIABILITIES:
Deferred tax liability (Note 10)	371	314
Asset retirement obligation (Note 8)	2,362	1,940
Decommissioning contingency for sold Gulf of Mexico properties (Note 11)	764	738
Other	466	443
Total deferred credits and other noncurrent liabilities	3,963	3,435
EQUITY:
Common stock, $0.625 par, 860,000,000 shares authorized, 420,595,901 and 419,869,987 shares issued, respectively	263	262
Paid-in capital	11,126	11,420
Accumulated deficit	(2,959)	(5,814)
Treasury stock, at cost, 117,020,000 and 108,310,838 shares, respectively	(5,790)	(5,459)
Accumulated other comprehensive income	15	14
APA SHAREHOLDERS’ EQUITY	2,655	423
TOTAL EQUITY	3,691	1,345
TOTAL LIABILITIES AND EQUITY	15,244	13,147
Noncontrolling interest - Egypt
EQUITY:
Noncontrolling interest	$ 1,036	$ 922

About Apache Corp

APA Corporation, through its subsidiaries, explores for, develops, and produces natural gas, crude oil, and natural gas liquids. It has operations in the United States, Egypt, and the United Kingdom, as well as has exploration activities offshore Suriname. The company also operates gathering, compression, processing, and transmission assets in West Texas, as well as holds ownership in four Permian Basin long-haul pipeline. APA Corporation was founded in 1954 and is based in Houston, Texas.

CEO	Mr. John J. Christmann IV
WEBSITE	apachecorp.com
INDUSTRY	Oil - E&P
EMPLOYEES	2273

Apache Corp Frequently Asked Questions

What is the ticker symbol for Apache Corp? What does APA stand for in stocks?

APA is the stock ticker symbol of Apache Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Apache Corp (APA)?

As of Wed Apr 24 2024, market cap of Apache Corp is 9.67 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of APA stock?

You can check APA's fair value in chart for subscribers.

What is the fair value of APA stock?

You can check APA's fair value in chart for subscribers. The fair value of Apache Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Apache Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for APA so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Apache Corp a good stock to buy?

The fair value guage provides a quick view whether APA is over valued or under valued. Whether Apache Corp is cheap or expensive depends on the assumptions which impact Apache Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for APA.

What is Apache Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 24 2024, APA's PE ratio (Price to Earnings) is 3.02 and Price to Sales (PS) ratio is 1.18. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. APA PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Apache Corp's stock?

In the past 10 years, Apache Corp has provided -0.095 (multiply by 100 for percentage) rate of return.