APA(APA)

Search documents
APA (APA) Stock Drops Despite Market Gains: Important Facts to Note
Zacks Investment Research· 2024-04-23 23:20
In the latest trading session, APA (APA) closed at $32.06, marking a -0.64% move from the previous day. This change lagged the S&P 500's 1.2% gain on the day. On the other hand, the Dow registered a gain of 0.69%, and the technology-centric Nasdaq increased by 1.59%.Shares of the oil and natural gas producer witnessed a loss of 6.13% over the previous month, trailing the performance of the Oils-Energy sector with its gain of 3.58% and the S&P 500's loss of 4.16%.Market participants will be closely following ...
5 Blue Chip Dividend Oil Stocks Could Be Acquired Next If Huge Oil Mergers Happen
24/7 Wall Street· 2024-04-21 16:45
5 Blue Chip Dividend Oil Stocks Could Be Acquired Next If Huge Oil Mergers Happen zodebala / Getty Images Last fall, Exxon Mobil Corporation (NYSE: XOM) made a monumental move, announcing its acquisition of oil shale titan Pioneer Natural Resources (NYSE: PXD) for a staggering $59.5 billion in an all-stock deal. This landmark agreement will establish Exxon Mobil as the largest U.S. oil field producer, ensuring a decade of cost-effective production.Exxon Mobil’s latest acquisition marks a significant miles ...
Dimon's LNG Rant: 3 Natural Gas Stocks to Buy Despite Biden's Export Pause
InvestorPlace· 2024-04-17 16:32
Jamie Dimon, the CEO of JPMorgan (NYSE:JPM), criticized President Joe Biden’s decision to pause new approvals for liquefied natural gas (LNG) exports, describing the move as “enormously naive” and politically motivated. In a shareholder letter, Dimon argued that LNG is vital for reducing global carbon dioxide emissions. Smart money is still clearly bullish on LNG, which forms the backdrop of this list of natural gas stocks to buy.Furthermore, the ongoing geopolitical tensions and supply chain disruptions ha ...
Why the Market Dipped But APA (APA) Gained Today
Zacks Investment Research· 2024-04-10 23:21
The latest trading session saw APA (APA) ending at $35.05, denoting a +0.46% adjustment from its last day's close. This change outpaced the S&P 500's 0.95% loss on the day. Meanwhile, the Dow lost 1.09%, and the Nasdaq, a tech-heavy index, lost 0.84%.The oil and natural gas producer's stock has climbed by 10.97% in the past month, exceeding the Oils-Energy sector's gain of 8.7% and the S&P 500's gain of 1.78%.The investment community will be closely monitoring the performance of APA in its forthcoming earni ...
APA Corporation Provides First-Quarter 2024 Supplemental Information and Schedules Results Conference Call for May 2 at 10 a.m. Central Time
Newsfilter· 2024-04-10 11:30
HOUSTON, April 10, 2024 (GLOBE NEWSWIRE) -- APA Corporation (NASDAQ:APA) today provided supplemental information regarding certain first-quarter 2024 financial and operational results. This information is intended only to provide additional information regarding current estimates management believes will affect results for the first-quarter 2024. It is provided to assist investors, analysts and others in formulating their own estimates, and is not intended to be a comprehensive presentation of all factors t ...
APA Corporation Announces Updates to Executive Leadership
Newsfilter· 2024-04-09 20:41
HOUSTON, April 09, 2024 (GLOBE NEWSWIRE) -- APA Corporation (NASDAQ:APA) has announced updates to its executive leadership team to coincide with a restructuring of its development function and the integration of the recently closed acquisition of Callon Petroleum. The changes are effective immediately. "Building on the momentum of our recently closed acquisition, we are updating our leadership structure to better align with the evolving needs of our business," said John J. Christmann, APA chief executive of ...
APA Boosts Production With Callon Petroleum Acquisition
Zacks Investment Research· 2024-04-03 14:16
APA Corporation (APA) has completed the acquisition of Callon Petroleum Company (CPE). Earlier this year, in January, APA announced the acquisition of Callon in an all-stock deal valued at $4.5 billion.The acquisition should reportedly increase APA’s daily production to approximately 500,000 barrels of oil equivalent (BOE), approximately two-thirds of which will be sourced from the Permian Basin. APA has stated that the acquisition was made at a compelling valuation and Callon’s assets will provide addition ...
APA (APA) Up 12.2% Since Last Earnings Report: Can It Continue?
Zacks Investment Research· 2024-03-22 16:36
A month has gone by since the last earnings report for APA (APA) . Shares have added about 12.2% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is APA due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. APA Q4 Earnings & Sales Miss EstimatesAPA reported fourth-quarter 2 ...
3 Laggard Stocks Ready to Join the Market's High-Flying Club
InvestorPlace· 2024-03-19 20:52
With major stock markets reaching new highs in Q1, some investors are looking for stocks to buy to exploit the lack of “breadth”. A small number of large-cap stocks with significant weightings have propelled upward movement, while many stocks have underperformed despite a rising market. For recent gains to prove sustainable, breadth must broaden to include additional performers. This could be an opportunity to buy laggard stocks poised to join the high-flying club.Analysts suggest signs of increasing market ...
U.S. Oil Production Hits Record High, Set to Remain Dominant
Zacks Investment Research· 2024-03-13 14:50
For the sixth consecutive year, the United States has maintained its position as the world's top oil producer, according to the Energy Information Administration (‘EIA’). In 2023, U.S. crude output reached a historic high, averaging 12.9 million barrels per day (‘bpd’), surpassing the previous record set in 2019. December alone saw a remarkable milestone, with production peaking at over 13.3 million bpd.This upward trajectory continues through this year, with an estimated record-breaking output of 13.21 mil ...