APA Corporation (APA)

APA Corp.'s stock price has experienced a decline over the past six months. As of June 27, 2025, the stock price was $18.56, representing a 36.96% decline from June 28, 2024. In Q4 2024, APA shares dipped 7.2% due to an adjusted earnings miss, despite beating revenue expectations. In Q1 2025, APA reported net income of $347 million, with adjusted earnings beating consensus EPS forecast, leading to a stock price increase of 4.522%. APA announced an agreement to sell its New Mexico Permian assets for $608 million. The company and its partners announced a successful flow test in Alaska's North Slope. APA Corporation announced executive leadership updates, including the promotion of Ben C. Rodgers to Executive Vice President and Chief Financial Officer. APA Corporation declared a regular cash dividend of 25 cents per share.

Demand for APA Corp.'s products is influenced by seasonal patterns. Natural gas experiences peaks in winter for heating and summer for electricity. Gasoline demand increases during the summer driving season. Butane demand is higher in winter, and propane demand increases in the fall and winter. Overall oil and gas production volumes tend to be consistent throughout the year.

APA Corporation is an independent energy company engaged in the exploration, development, and production of crude oil, natural gas, and NGLs. The company operates within the Energy sector, specifically in the Oil & Gas Exploration and Production (E&P) and Integrated Oil industries. APA's business model integrates its upstream, midstream, and energy transition initiatives. The company generates revenue primarily through the sale of crude oil, natural gas, and NGLs.

APA Corporation has a global operational and exploration footprint. Its primary producing assets and exploration activities are located in the United States, focused mainly on the Permian Basin in West Texas, with additional legacy operations offshore in the Gulf of Mexico. The company has a long-standing presence in Egypt's Western Desert. It also has significant offshore assets in the North Sea. APA has active development, exploration, and appraisal operations offshore Suriname. The company has exploration interests in Uruguay and Alaska.

APA Corporation has actively highlighted its commitment to ESG goals through sustainability reports and initiatives. The 2024 Sustainability Report highlighted the achievement of key ESG goals in 2023, including surpassing methane emissions reduction goals and exceeding targets for recycling produced water. The Apache Corporation Tree Grant Program expanded internationally, donating thousands of trees. In Egypt, APA initiated a plan to provide medical care to over 28,000 patients. APA's CEO John Christmann received the TXOGA Distinguished Service Award. The 2023 Sustainability Report detailed achievements in 2022, including a 40% reduction in upstream routine flaring across Egypt operations.

APA Corporation's ownership is predominantly institutional, with 92.07% held by institutional shareholders, 1.35% by insiders, and 6.57% by retail investors. Major institutional owners include Vanguard Group Inc., Hotchkis & Wiley Capital Management Llc, Harris Associates L P, State Street Corp, BlackRock, Inc., Charles Schwab Investment Management Inc, Invesco Ltd., Smead Capital Management, Inc., Geode Capital Management, Llc and Dimensional Fund Advisors Lp.