APA(APA) ZACKS·2025-02-12 00:21Company Performance - APA closed at 0.97 per share, indicating a year-over-year decline of 15.65% [2] - The consensus estimate for quarterly revenue is $2.27 billion, reflecting a 20.24% increase from the previous year [2] Analyst Estimates - Recent adjustments to analyst estimates for APA are important as they reflect near-term business trends, with positive revisions indicating a favorable outlook on the company's health and profitability [3] - The Zacks Rank system, which incorporates these estimate changes, provides actionable ratings for investors [4] Zacks Rank and Valuation - APA currently holds a Zacks Rank of 3 (Hold), with a 6.43% rise in the Zacks Consensus EPS estimate over the past month [5] - The company is trading at a Forward P/E ratio of 6.34, which is a discount compared to the industry's average Forward P/E of 9.37 [6] Industry Context - The Oil and Gas - Exploration and Production - United States industry, part of the Oils-Energy sector, has a Zacks Industry Rank of 52, placing it in the top 21% of over 250 industries [6] - The strength of individual industry groups is measured by the Zacks Industry Rank, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [7]