Exchange: NASDAQ·Updated 04:19 AM EDT
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APA APA Corporation

$45.75
$1.49
(3.14%)
Pre-Market
Prev Close $47.23
EarningsNov 4
Mkt Cap$16.6B
Vol2,100.00

About APA

APA Corp. is an independent energy company that explores for, develops, and produces crude oil, natural gas, and natural gas liquids through its subsidiaries. The firm has oil and gas operations in the United States, Egypt, and the United Kingdom's North Sea, with development, exploration, and appraisal activities in Suriname, as well as exploration interests in Uruguay, Alaska, and other international locations. The company was founded in 1954 and is headquartered in Houston, TX.
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Bullish Sentiment

How do you feel about APA?

TraceyRyniec
$APA I love seeing APA pre-releasing the good news on the quarter. Time to celebrate the good times.
3
timethe_market
$APA turned green on monthly as well. Already Green on daily and weekly too. Can give a good run from here for long term. Improving RS Strength on daily, and 74 and 85 on weekly and monthly respectively. Every dip can be opportunity to accumulate #forlearningpurpose #keeptiming
2
KryptonResearch14
$APA APA pre-released its Q3 numbers Wednesday afternoon and gapped up Thursday, from $43.81 to a $45.15 open. The headline: estimated realized oil of $87.50 a barrel in the US and $98.50 internationally, plus a $190 million pretax gain on oil and gas purchases and sales. One level down: the buyback. APA repurchased 10.5 million shares at an average $42.78, about $449 million in the quarter, roughly 3% of its share count. The median analyst price target is $40.50, below the price management paid. Either the sell side is wrong or the company overpaid, and management bet $449 million on the first one. Zacks flipped to Strong Buy and raised its Q3 estimate. Full results land November 5.
2
filecrux
$APA bought back 10.5M of its own shares in Q3 at an average $42.78, about $450M, or roughly 3% of the oil producer's shares in one quarter. In all of the first half it bought 2.8M for about $100M, while most spare cash repaid $752M of bonds. It aims to return at least 60% of 2026 free cash flow; H1 returns were $277M of $1.2B. Other side: it paid 21% more per share, and Q3 US oil is est. $87.50 a barrel vs $98.46 in Q2. Results call Nov 5.
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