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Sept. 13-20 Undercovered Stock Picks: Aura Biosciences, APA Corporation, iTeos, CuriosityStream +
Seeking Alpha· 2024-09-20 19:30
Some tickers are covered more than others on the site, so with The Undercovered Dozen our Editors highlight twelve actionable investment ideas on tickers with less coverage. These ideas can range from "boring" large caps to promising up-and-coming small caps. Specifically, the inclusion criteria for "undercovered" include: market cap greater than $100 million, more than 800 symbol page views in the last 90 days on Seeking Alpha, and fewer than two articles published in the past 30 days. Follow this account ...
APA (APA) Sees a More Significant Dip Than Broader Market: Some Facts to Know
ZACKS· 2024-09-18 23:20
APA (APA) closed the latest trading day at $25.11, indicating a -0.55% change from the previous session's end. The stock's performance was behind the S&P 500's daily loss of 0.29%. Meanwhile, the Dow experienced a drop of 0.25%, and the technology-dominated Nasdaq saw a decrease of 0.31%.The oil and natural gas producer's shares have seen a decrease of 10.87% over the last month, not keeping up with the Oils-Energy sector's loss of 2.45% and the S&P 500's gain of 1.57%.Market participants will be closely fo ...
APA Corporation: A Stable Business With Good Potential
Seeking Alpha· 2024-09-16 12:51
ugurhan Investment thesis APA Corporation (NASDAQ:APA) - which operates primarily in oil and gas exploration, focusing on key areas like the U.S. (notably the Permian Basin), Egypt, and Suriname - has reached a level where I believe it is a worthy buy for less conservative investors. The company can be bought at a better valuation than before, is underpriced overall compared to its peers, has a trump card in hand in the Suriname project, and even pays a high dividend, while the outlook isn't worse than it w ...
APA: Surprisingly Soft Performance (Rating Downgrade)
Seeking Alpha· 2024-09-13 18:34
imaginima At the start of the year, APA Corporation (NASDAQ:APA) was joining the energy consolidation wave as it announced the purchase of Callon Petroleum in a $4.5 billion all-stock deal. The transaction added scale and balance in the Permian Basin, while growing production by some 100,000 barrels of oil-equivalent per day. Following the deal having closed, APA announced some substantial non-core asset divestment here, at prices which look pretty reasonable. Nonetheless, shares kept moving lower amids ...
Here's Why APA (APA) Gained But Lagged the Market Today
ZACKS· 2024-09-12 23:21
APA (APA) ended the recent trading session at $23.70, demonstrating a +0.38% swing from the preceding day's closing price. This change lagged the S&P 500's 0.75% gain on the day. Meanwhile, the Dow experienced a rise of 0.58%, and the technology-dominated Nasdaq saw an increase of 1%.Coming into today, shares of the oil and natural gas producer had lost 18.45% in the past month. In that same time, the Oils-Energy sector lost 4.12%, while the S&P 500 gained 4.03%.Market participants will be closely following ...
APA Corporation to Divest Non-Core Permian Basin Assets for $950M
ZACKS· 2024-09-11 13:52
APA Corporation (APA) has advanced the company’s goal of refining its U.S. asset base by strategically divesting non-core properties in the Permian Basin. This $950 million transaction is a key part of APA’s strategy to optimize its portfolio and reduce debt.The sale involves properties across the Central Basin Platform, Texas and New Mexico Shelf, and Northwest Shelf, with a combined net production of 21,000 barrels of oil equivalent per day (boe/d), 57% of which is oil. These assets no longer align with A ...
APA Announces Agreement for $950 Million Asset Sale of Non-core Properties in the Permian Basin
GlobeNewswire News Room· 2024-09-10 20:48
HOUSTON, Sept. 10, 2024 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) announced today entry into an agreement for the sale of non-core producing properties in the Permian Basin to an undisclosed buyer for $950 million, prior to customary closing adjustments. The properties are located in the Central Basin Platform, Texas and New Mexico Shelf, and Northwest Shelf and currently represent estimated net production of 21,000 barrels of oil equivalent per day (boe/d), of which approximately 57% is oil. Procee ...
3 High-Yield Oil and Gas Dividend Stocks Hovering Around 52-Week Lows to Buy in September
The Motley Fool· 2024-09-08 11:30
These companies could be great ways to boost your passive income stream.Many oil and gas stocks have pulled back now that the price of West Texas Intermediate crude oil (the U.S. benchmark) is hovering around $74 per barrel. Oil prices have been under pressure due to concerns over slowing global economic growth and higher OPEC+ supply.Integrated energy major Chevron (CVX -1.68%) as well as exploration and production companies Chord Energy (CHRD -2.20%) and APA Corp. (APA -2.81%) are hovering within 7% of th ...
Japan Hotel Market Report and Company Analysis 2024-2032 Featuring Marriott, Hoshino Resorts REIT, APA Hotels & Resorts, JR Hotel, MYSTAYS, Okura Nikko, Prince Hotels & Resorts and Route Inn
GlobeNewswire News Room· 2024-09-04 14:13
Dublin, Sept. 04, 2024 (GLOBE NEWSWIRE) -- The "Japan Hotel Market Report, Forecast by Type, Business Model, Sales Channel, Age Group, Gender, Star Rating, Region, and Company Analysis 2024-2032" report has been added to ResearchAndMarkets.com's offering.The Japan Hotel Market will reach US$ 26.50 billion by 2032, up from US$ 23.62 billion in 2023, with a CAGR of 1.29% between 2024 and 2032. The market is mainly being driven by the growing technological improvements, such as smart rooms, high-speed interne ...
Why Is APA (APA) Down 5.6% Since Last Earnings Report?
ZACKS· 2024-08-30 16:37
It has been about a month since the last earnings report for APA (APA) . Shares have lost about 5.6% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is APA due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. APA Q2 Earnings, Sales BeatAPA reported second-quarter 2024 a ...