Apache Stock News

APA Corporation, primarily in oil and gas exploration, is a buy for less conservative investors due to a recent 20-25% share price drop. Positive news includes selling non-core Permian Basin properties and increasing Q3 production targets, improving financial balance and short to medium-term outlook. Despite risks like fluctuating oil prices, APA offers a solid 4.22% dividend yield and a $950 m...

APA Corporation acquired Callon Petroleum in a $4.5 billion deal earlier this year, looking to enhance scale and production. Despite solid earnings and asset divestment, APA's shares have dropped by a third, puzzling given the company's strong financials and manageable debt. Recent asset sales will generate $1.65 billion in proceeds, reducing net debt while shedding 8% of production, making the...

Oil prices are under pressure, but potential production cuts and economic recovery could lead to a bullish outlook, with prices rising to $80-90 by early 2025. Schlumberger, APA Corp., and Hess are top oil stock picks, currently oversold and undervalued, offering significant upside potential and attractive dividends. Schlumberger's forward P/E ratio is below 10, APA trades at 5-6 times EPS esti...

HOUSTON, Sept. 10, 2024 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) announced today entry into an agreement for the sale of non-core producing properties in the Permian Basin to an undisclosed buyer for $950 million, prior to customary closing adjustments. The properties are located in the Central Basin Platform, Texas and New Mexico Shelf, and Northwest Shelf and currently represent esti...

Chevron's languishing stock price is an opportunity to buy into an oil industry titan. Chord Energy is a 7.6%-yielding oil and gas company that's fallen out of favor with investors.

APA Corp is exploring the sale of oil and gas drilling properties spread across parts of the Permian basin of Texas and New Mexico, in a deal that could be valued at about $1 billion, people familiar with the matter told Reuters.

APA Corporation (NASDAQ:APA ) Q2 2024 Earnings Conference Call August 1, 2024 11:00 AM ET Company Participants Gary Clark - VP, IR John Christmann - CEO Steve Riney - President and CFO Conference Call Participants Doug Leggate - Wolfe research John Freeman - Raymond James Neal Dingmann - Truist Charles Meade - Johnson Rice Roger Read - Wells Fargo Securities Scott Hanold - RBC Bob Brackett - Be...

HOUSTON, July 31, 2024 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today announced second-quarter 2024 results. Results can be found on the company's website by visiting www.apacorp.com or investor.apacorp.com.