HOUSTON, July 11, 2024 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today provided supplemental information regarding certain second-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 second-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 ...

Oil & gas exploration stocks have had a rough 2024, but could be ready for for a rallyEnergy stocks are pacing the S&P 500 (SPX) today, as investors rotate out of tech heavyweight Nvidia (NVDA) and settle into other sectors. With August-dated crude on the mend, its time to get acquainted with these three lesser-known oil & gas exploration stocks. APA Corp. (NASDAQ:APA) is 4.2% higher to trade at $29.27 today, a welcome sign considering the stock fell to a two-year low of $27.17 on Thursday. APA is down 18.3 ...

APA (APA) closed at $27.94 in the latest trading session, marking a +0.43% move from the prior day. The stock lagged the S&P 500's daily gain of 0.77%. Elsewhere, the Dow saw an upswing of 0.49%, while the tech-heavy Nasdaq appreciated by 0.95%.Coming into today, shares of the oil and natural gas producer had lost 9.91% in the past month. In that same time, the Oils-Energy sector lost 7.24%, while the S&P 500 gained 3.71%.The upcoming earnings release of APA will be of great interest to investors. In that r ...

HOUSTON, May 22, 2024 (GLOBE NEWSWIRE) -- The board of directors of APA Corporation (Nasdaq: APA) has declared a regular cash dividend on the company's common shares. The dividend on common shares is payable Aug. 22, 2024, to stockholders of record on July 22, 2024, at a rate of 25 cents per share on the corporation’s common stock. About APAAPA Corporation owns consolidated subsidiaries that explore for and produce oil and natural gas in the United States, Egypt and the United Kingdom and that explore for o ...

The Federal Reserve officials' cautious stance on inflation has not only delayed potential interest rate cuts but also affected market confidence and cast a pall on the Zacks Oil and Gas - Exploration and Production - United States industry. OPEC's substantial spare capacity and Russia's increasing oil exports to China, which rose 30% year on year in April, have added to supply concerns. The lowered oil demand projections for 2024 have further weighed on the space. Although macro challenges create uncertain ...

beyhanyazar/iStock via Getty Images I have previously reviewed APA Corporation (NASDAQ:APA) and, a while ago, Callon Petroleum. Benefits from APA's acquisition of Callon, the upturn in the natural gas market, as well as long-term prospectivity/ optionality in Suriname and elsewhere, along with APA’s current bargain price lead me to upgrade APA Corporation from Hold to Buy. APA (previously known and still sometime referred to as Apache) produces gas and oil from the U.S., Egypt, and—at a maintenance leve ...

APA Corporation (APA) has announced the sale of non-core-producing properties by its unit, Apache Corporation and other associated subsidiaries. These transactions, executed in two separate deals, have garnered aggregate proceeds exceeding $700 million before customary closing adjustments.These deals involve properties with an estimated net production in the first quarter of 2024 of 13,000 barrels of oil equivalent per day (Mboe/d), with slightly over one-third being oil. The primary aim of the sale of thes ...

HOUSTON, May 20, 2024 (GLOBE NEWSWIRE) -- APA Corporation (NASDAQ:APA) announced today the sale of non-core producing properties by Apache Corporation and certain of its subsidiaries in two separate transactions with aggregate proceeds of more than $700 million, prior to customary closing adjustments. Combined, the properties represent estimated net production in the first-quarter 2024 of 13,000 barrels of oil equivalent per day (Mboe/d), of which just over one-third is oil. Proceeds from these asset sales ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the ...

U.S. energy operator APA Corporation (APA) reported first-quarter 2024 adjusted earnings of 78 cents per share, missing the Zacks Consensus Estimate of 90 cents and declining from the year-ago adjusted figure of $1.19. The underperformance primarily reflects lower production.Revenues of $1.9 billion were down 6.3% from the year-ago quarter’s sales but came ahead of the Zacks Consensus Estimate by 1.6% due to higher-than-expected commodity price realizations. Meanwhile, APA continues to reward shareholders w ...