Ahead of APA (APA) Q4 Earnings: Get Ready With Wall Street Estimates for Key Metrics

Core Insights - Analysts expect APA to report quarterly earnings of $0.97 per share, reflecting a year-over-year decline of 15.7$2.27 billion, indicating a 20.2% increase from the previous year [1] - The consensus EPS estimate has been revised upward by 2.2% in the last 30 days, showing analysts' reassessment of their initial estimates [1][2] Revenue Estimates - 'Oil, natural gas, and natural gas liquids production revenues - Gas revenues' are projected to be $160.09 million, down 27.9$2.02 billion, up 7.2% year over year [4] - 'Oil, natural gas, and natural gas liquids production revenues - Natural gas liquids revenues' are estimated at $177.17 million, reflecting a 33.2$374.76 million, indicating a 32.9% increase from the year-ago quarter [5] Production Volume Estimates - Total production volume per day is expected to reach 480.69 KBOE/D, up from 414.43 KBOE/D in the previous year [6] - Natural gas production volume per day is estimated at 831.28 million cubic feet, slightly up from 830.37 million cubic feet year over year [6] - Oil production volume per day is forecasted to be 260.38 thousand barrels, compared to 207.02 thousand barrels in the same quarter last year [7] - NGL production volume per day is projected at 81.84 thousand barrels, up from 69.01 thousand barrels year over year [7] Price Estimates - The average price per barrel of oil is expected to be $71.39, down from$81.36 in the same quarter last year [8] - The average price per barrel of NGL is projected at $24.05, compared to$20.70 in the same quarter last year [8] U.S. Production Estimates - Total production volume per day in the United States is expected to be 311.63 KBOE/D, up from 228.67 KBOE/D year over year [9] - Oil production volume per day in the United States is forecasted to reach 146.82 thousand barrels, compared to 83.91 thousand barrels in the previous year [9] Stock Performance - Over the past month, APA shares have recorded a return of -2.3%, while the Zacks S&P 500 composite has changed by -0.5% [10] - APA holds a Zacks Rank 3 (Hold), suggesting its performance will likely align with the overall market in the upcoming period [10]