Analysts Cite Return-of-Capital and Egyptian Gas Growth as Catalysts for APA (APA)

Core Insights - APA Corporation (NASDAQ:APA) is recognized as one of the best cheap rising stocks to invest in currently, with Benchmark reaffirming a $33 price target and a Buy rating due to significant operational advancements [1][2] - Over the past three months, APA Corporation's shares have seen substantial growth, outperforming energy sector benchmarks such as XLE and XOP [2] - Key factors contributing to APA's growth include return-of-capital initiatives, exploration activities, increased Egyptian gas production, and savings in operational expenditures [2][3] Company Overview - APA Corporation is an independent energy company based in Houston, Texas, engaged in the exploration and production of natural gas, crude oil, and natural gas liquids [3]