APA Corporation reports results for the quarter ended June 30 - Earnings Summary
APA Corporation reports results for the quarter ended June 30 - Earnings Summary
APA Corporation APA.OQ reported quarterly adjusted earnings of $1.89 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 87 cents. The mean expectation of twenty four analysts for the quarter was for earnings of $1.87 per share. Wall Street expected results to range from $1.45 to $2.24 per share.
Revenue fell 9.2% to $2.37 billion from a year ago; analysts expected $2.47 billion.
APA Corporation's reported EPS for the quarter was $2.11.
The company reported quarterly net income of $747 million.
APA Corporation shares had risen by 9.9% this quarter and gained 46.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 4.8% in the last three months.
In the last 30 days, seventeen analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 8 "strong buy" or "buy," 16 "hold" and 3 "sell" or "strong sell." The average consensus recommendation for the oil & gas exploration and production peer group is "buy."
Wall Street's median 12-month price target for APA Corporation is $41.00, about 12.7% above its last closing price of $35.80
This summary was machine generated from LSEG data August 5 at 09:01 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 1.87 | 1.89 | Beat |
Mar. 31 2026 | 1.13 | 1.38 | Beat |
Dec. 31 2025 | 0.64 | 0.91 | Beat |
Sep. 30 2025 | 0.79 | 0.93 | Beat |
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