Jamie Dimon, the CEO of JPMorgan (NYSE:JPM), criticized President Joe Biden’s decision to pause new approvals for liquefied natural gas (LNG) exports, describing the move as “enormously naive” and politically motivated. In a shareholder letter, Dimon argued that LNG is vital for reducing global carbon dioxide emissions. Smart money is still clearly bullish on LNG, which forms the backdrop of this list of natural gas stocks to buy.Furthermore, the ongoing geopolitical tensions and supply chain disruptions ha ...

The latest trading session saw APA (APA) ending at $35.05, denoting a +0.46% adjustment from its last day's close. This change outpaced the S&P 500's 0.95% loss on the day. Meanwhile, the Dow lost 1.09%, and the Nasdaq, a tech-heavy index, lost 0.84%.The oil and natural gas producer's stock has climbed by 10.97% in the past month, exceeding the Oils-Energy sector's gain of 8.7% and the S&P 500's gain of 1.78%.The investment community will be closely monitoring the performance of APA in its forthcoming earni ...

HOUSTON, April 10, 2024 (GLOBE NEWSWIRE) -- APA Corporation (NASDAQ:APA) today provided supplemental information regarding certain first-quarter 2024 financial and operational results. This information is intended only to provide additional information regarding current estimates management believes will affect results for the first-quarter 2024. It is provided to assist investors, analysts and others in formulating their own estimates, and is not intended to be a comprehensive presentation of all factors t ...

Core Insights - APA Corporation has announced updates to its executive leadership team in conjunction with a restructuring of its development function and the integration of the recently acquired Callon Petroleum [1][2] - The restructuring aims to align the leadership structure with the evolving needs of the business and to advance important priorities of the APA strategy [1] Leadership Changes - Steve Riney has been appointed to oversee asset development functions, including asset teams, Planning and Land, while continuing his role in finance [1] - Ben Rodgers has been named senior vice president, Finance and treasurer, responsible for Market Strategies, Treasury, Accounting, and Tax [2] - Castlen Kennedy has been promoted to senior vice president, Corporate Affairs and Marketing, overseeing Corporate Communications, Government Affairs, and additional responsibilities [3] Company Background - APA Corporation explores for and produces oil and natural gas in the United States, Egypt, and the United Kingdom, and also explores offshore Suriname [4]

APA Corporation (APA) has completed the acquisition of Callon Petroleum Company (CPE). Earlier this year, in January, APA announced the acquisition of Callon in an all-stock deal valued at $4.5 billion.The acquisition should reportedly increase APA’s daily production to approximately 500,000 barrels of oil equivalent (BOE), approximately two-thirds of which will be sourced from the Permian Basin. APA has stated that the acquisition was made at a compelling valuation and Callon’s assets will provide addition ...

A month has gone by since the last earnings report for APA (APA) . Shares have added about 12.2% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is APA due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. APA Q4 Earnings & Sales Miss EstimatesAPA reported fourth-quarter 2 ...

With major stock markets reaching new highs in Q1, some investors are looking for stocks to buy to exploit the lack of “breadth”. A small number of large-cap stocks with significant weightings have propelled upward movement, while many stocks have underperformed despite a rising market. For recent gains to prove sustainable, breadth must broaden to include additional performers. This could be an opportunity to buy laggard stocks poised to join the high-flying club.Analysts suggest signs of increasing market ...

For the sixth consecutive year, the United States has maintained its position as the world's top oil producer, according to the Energy Information Administration (‘EIA’). In 2023, U.S. crude output reached a historic high, averaging 12.9 million barrels per day (‘bpd’), surpassing the previous record set in 2019. December alone saw a remarkable milestone, with production peaking at over 13.3 million bpd.This upward trajectory continues through this year, with an estimated record-breaking output of 13.21 mil ...

izzetugutmen Introduction APA Corp. (NASDAQ:APA), formerly known as Apache Corp., is a comparatively small and underfollowed oil and gas (O&G) exploration and production company with a diversified portfolio of assets in various parts of the world. My followers and regular readers know that I am long-term bullish on fossil fuel energy for a number of reasons, as I've briefly outlined in two other articles (here and here). In this article, I provide an overview of APA Corp., what I like about it and where ...

Despite escalating geopolitical risks, concerns over global demand have offset any price support, which, in turn, has affected the Zacks Oil and Gas - Exploration and Production - United States industry. The Fed’s emphasis that there was no urgency to reduce rates, citing robust inflation and economic indicators observed since the year's commencement, adds to concerns. The market hasn't been kind to natural gas either, with the commodity continuing to trade under $2. Although macro challenges are leading to ...