Whenever possible, these "forward-looking statements" are identified by words such as "anticipates," "intends," "plans," "seeks," "believes," "continues," "could," "estimates," "expects," "goals," "guidance," "may," "might," "outlook," "possible," "potential," "projects," "prospects," "should," "would," "will," and similar phrases, but the absence of these words does not mean that a statement is not forward-looking. Because such statements involve risks and uncertainties, the company's actual results and pe ...

For the quarter ended March 2025, APA (APA) reported revenue of $2.61 billion, up 37.3% over the same period last year. EPS came in at $1.06, compared to $0.78 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $2.21 billion, representing a surprise of +18.00%. The company delivered an EPS surprise of +27.71%, with the consensus EPS estimate being $0.83. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expecta ...

分组1 - APA reported quarterly earnings of $1.06 per share, exceeding the Zacks Consensus Estimate of $0.83 per share, and up from $0.78 per share a year ago, representing an earnings surprise of 27.71% [1] - The company posted revenues of $2.61 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 18%, compared to $1.9 billion in the same quarter last year [2] - APA has surpassed consensus EPS estimates two times over the last four quarters and topped consensus revenue estimates four times during the same period [2] 分组2 - The stock has underperformed, losing about 31.9% since the beginning of the year, while the S&P 500 declined by 4.7% [3] - The current consensus EPS estimate for the coming quarter is $0.72 on revenues of $2.06 billion, and for the current fiscal year, it is $2.92 on revenues of $8.47 billion [7] - The Zacks Industry Rank for Oil and Gas - Exploration and Production - United States is currently in the bottom 25% of over 250 Zacks industries, indicating potential challenges for the sector [8]

HOUSTON, May 07, 2025 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today announced first-quarter 2025 results. Results can be found on the company’s website by visiting www.apacorp.com or investor.apacorp.com. APA will host a conference call on May 8 at 10 a.m. Central time via the webcast link available on the company website to discuss the results. Following the conference call, a replay will be available for one year on the “Investors” page of the company’s website. About APA APA Corporation owns co ...

Core Viewpoint - APA Corporation is expected to report first-quarter 2025 results on May 7, with a consensus estimate of 83 cents per share in profit and revenues of $2.2 billion [1] Group 1: Previous Quarter Performance - In the last reported quarter, APA missed the consensus earnings estimate of 97 cents, reporting adjusted earnings of 79 cents per share, while revenues of $2.5 billion exceeded estimates by nearly 10% due to contributions from the Callon Petroleum acquisition and higher production [2] - APA has beaten the Zacks Consensus Estimate in one of the last four quarters and missed in the others [3] Group 2: Estimate Revisions and Projections - The Zacks Consensus Estimate for the first-quarter earnings has been revised upward by 2.5% in the past week, indicating a 6.4% year-over-year improvement, while revenue estimates suggest a 16.3% increase from the previous year [3] Group 3: Production and Growth Factors - APA is projected to achieve strong production gains in the first quarter, with average volumes expected to reach approximately 300,000 barrels of oil equivalent per day (BOE/d), reflecting a 40% year-over-year increase from 214,050 BOE/d, driven by robust well performance and the Callon Petroleum acquisition [4] - Since 2020, APA has restructured its portfolio with over $5 billion in strategic acquisitions and $2.5 billion in divestitures, resulting in more than doubling its unconventional output in the Permian Basin and enhancing its operational efficiency [5] Group 4: Earnings Surprise Potential - The company has a positive Earnings ESP of +4.52% and a Zacks Rank of 3, indicating a likelihood of an earnings beat this season [6]

Group 1 - APA Corporation is expected to provide significant updates regarding its $9 billion project in Suriname and its partnership with TotalEnergies [1] - The recent acquisition of Callon Petroleum is noted, indicating potential strategic moves within the industry [1] Group 2 - The analysis emphasizes a focus on value investments, particularly companies trading at approximately 10 times earnings and offering dividend yields [1] - The research primarily targets small-cap and mid-cap companies across various regions including the United States, Canada, South America, the UK, France, and Germany [1]

Core Viewpoint - The significant decline in shares of major oil and gas companies in April was primarily driven by a sharp drop in oil prices, marking the largest monthly decline since November 2021, influenced by geopolitical and economic factors [1][3][4]. Group 1: Stock Performance - Chevron, APA Corporation, and Halliburton experienced substantial stock declines in April, with decreases of 18.7%, 26.1%, and 21.9% respectively [1]. - Halliburton was the only company to report earnings in April, but its earnings report did not significantly impact the stock price decline [2][11]. Group 2: Oil Price Decline - Brent and WTI oil prices fell by 15% and 18% respectively in April, attributed to broader market concerns following the "Liberation Day" tariff announcements [3][5]. - The sell-off in oil prices was exacerbated by fears of a recession or stagflation due to the economic implications of the new tariffs [5][7]. Group 3: Future Outlook - The anticipated increase in oil production by Saudi Arabia starting in June could further suppress oil prices, as the country aims to regain market share [8][9]. - Halliburton's management indicated that upstream customers are reevaluating drilling plans due to tariff impacts, suggesting potential declines in demand and supply chain issues [12][13]. - The ongoing uncertainty in U.S.-China trade relations is likely to continue affecting oil demand negatively [13][14].

Group 1 - APA Corporation (NASDAQ: APA) is identified as a value opportunity in the energy sector, which is currently out of favor with investors [1] - The base case valuation for APA suggests a significant upside potential from the current share price [1] - Energess Resources aims to provide objective, actionable company-level analysis for investors in the energy sector, focusing on fundamentals such as valuation, capital and operational efficiency, asset quality, and shareholder alignment [1] Group 2 - The initial coverage by Energess Resources will focus on exploration and production (E&P) companies in the United States and Canada, with plans to expand to midstream and royalty companies in the future [1] - Investments in energy can yield strong total returns and enhance diversification in long-term portfolios when approached with discipline and a value-oriented strategy [1] - Quality companies with experienced management can deliver shareholder value even in challenging pricing environments, despite the cyclical nature of commodity prices [1]

APA (APA) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on May 7, 2025, might help the stock move higher if these key numbers are better than expectations. O ...

Core Insights - APA Corporation, along with partners Lagniappe Alaska, LLC and Oil Search (Alaska), LLC, achieved significant results at the Sockeye-2 exploratory well in Alaska's North Slope, which could enhance future developments in the region [1][6] Group 1: Sockeye-2 Well Performance - The Sockeye-2 well was drilled to approximately 10,500 feet, encountering a Paleocene-aged clastic reservoir with an average porosity of 20% [2] - The well flowed without stimulation or artificial lift, averaging 2,700 barrels of oil per day over a 12-day production test, confirming superior reservoir quality compared to other discoveries [2][5] - This well sets a new benchmark for shallow-marine reservoirs on the eastern North Slope [2] Group 2: North Slope Project Overview - The North Slope project is a joint venture where APA Corp holds a 50% working interest, Lagniappe Alaska, LLC has a 25% operating interest, and Santos holds the remaining 25% [3] - The joint venture began an exploration campaign in 2023 but faced challenges, leading to a renewed effort in 2024 with plans for three exploratory wells, including King Street-1 [4] Group 3: Future Implications for Alaska's Energy Landscape - The success of the Sockeye-2 well is expected to extend the Brookian topset play established with the Pikka discovery in 2013, validating geological models and reducing risks for future prospects [6] - This discovery, along with planned appraisal drilling, could represent a pivotal moment for Alaska's energy landscape, offering promising exploration and development opportunities [6]