Company Overview - APA Corporation is an independent energy producer focused on natural gas, oil, and natural gas liquids, headquartered in Houston, Texas, with a market cap of approximately $9.4 billion [1] Stock Performance - Over the past 52 weeks, APA Corporation's shares increased by 14.9%, outperforming the S&P 500 Index, which gained 14.3% [2] - Year-to-date, APA's stock rose nearly 8%, while the S&P 500 Index only increased by 1.4%, indicating consistent outperformance [2] - In comparison to the State Street Energy Select Sector SPDR ETF (XLE), which rose 13.2% over the last year, APA's stock showed stronger performance [3] Recent Developments - On January 21, APA shares experienced a nearly 4.7% increase following the release of supplemental Q4 2025 operational and financial details [4] - In Egypt, the company averaged 34 MBoe/d in tax barrels, with dry-hole costs reaching $20 million pre-tax, while oil and gas transactions generated a pre-tax net profit of $193 million [5] Operational Adjustments - U.S. operations faced challenges due to weak Waha pricing, leading APA to reduce output by 91 MMcf/d of natural gas and 7,600 barrels per day of natural gas liquids, reflecting disciplined capital management [6] Earnings Outlook - Analysts project a diluted EPS of $3.48 for fiscal year 2025, representing a 7.7% year-over-year decline, although APA has beaten EPS estimates in three of the past four quarters [7]

Group 1 - RBC Capital raised the price target on APA Corp. to $26 from $25 while maintaining a Sector Perform rating on the shares [1] - The company has shown improved performance over the last few quarters, which is expected to continue [1] - Investor sentiment remains mixed, but the investment case is strengthened due to de-risking of quarterly performance and increased operational consistency [1] Group 2 - Several forward catalysts are identified that may positively impact the company's performance [1]

Core Viewpoint - APA Corporation is recognized as one of the best mid-cap dividend stocks to consider for investment, despite facing a volatile oil market outlook [1] Group 1: Analyst Insights - Bernstein analyst Bob Brackett has slightly reduced the price target for APA Corporation from $26 to $25 while maintaining a Market Perform rating, indicating a cautious optimism amid expected near-term volatility in oil prices [2] - The analyst's outlook for 2026 remains balanced, suggesting potential for both volatility and choppy trading in the oil market, but a more optimistic long-term perspective [2] Group 2: Company Performance - In its Q3 2025 earnings report, CEO John Christmann highlighted the challenging macro environment characterized by high volatility and uncertainty in commodity prices, influenced by trade policy changes and geopolitical tensions [3] - Despite these challenges, APA has made progress in reducing controllable spending, which has led to improvements in its cost structure and overall financial performance [3] Group 3: Future Outlook - APA is increasing its Permian oil production guidance for Q4 while keeping capital spending steady, indicating confidence in production capabilities [4] - The company is also making a modest upward adjustment to its Q4 production outlook in Egypt and is targeting an additional $50 million to $100 million in run-rate savings by the end of 2026 [4] Group 4: Company Overview - APA Corporation operates as an independent energy company with oil and gas production activities in the United States, Egypt, and the United Kingdom, along with offshore exploration in Suriname [5]

Core Viewpoint - APA Corporation's stock experienced a decline of 3.9% following a price target reduction by JPMorgan Chase & Co. from $26.00 to $25.00, maintaining a neutral rating on the stock [2] Analyst Ratings - Johnson Rice upgraded APA from a "hold" to an "accumulate" rating, raising the price target from $35.00 to $40.00 [3] - William Blair initiated coverage with an "outperform" rating and a target price of $32.00 [3] - Jefferies Financial Group increased its price target from $21.00 to $22.00 while maintaining a "hold" rating [3] - Weiss Ratings reaffirmed a "hold (c)" rating [3] - Scotiabank raised its target price from $22.00 to $26.00 with a "sector perform" rating [3] - The average rating for APA is "Hold" with a target price of $26.39, based on ratings from six buy, sixteen hold, and five sell ratings [3] Institutional Investor Activity - Howard Capital Management Inc. increased its stake by 0.5%, owning 94,848 shares valued at $2.3 million [4] - one8zero8 LLC grew its holdings by 1.2%, now owning 42,254 shares worth $1.026 million [4] - Arizona State Retirement System raised its position by 0.5%, owning 106,734 shares valued at $2.592 million [4] - Steward Partners Investment Advisory LLC lifted its holdings by 19.6%, now owning 3,349 shares valued at $61,000 [4] - O Keefe Stevens Advisory Inc. boosted its position by 1.9%, owning 30,093 shares worth $736,000 [4] - Institutional investors and hedge funds collectively own 83.01% of APA's stock [4] Stock Performance - The stock's 50-day moving average is $25.04, and the 200-day moving average is $23.04 [6] - The company has a market capitalization of $9.06 billion, a price-to-earnings ratio of 6.14, and a debt-to-equity ratio of 0.62 [6] Earnings Report - APA reported an EPS of $0.93, exceeding the consensus estimate of $0.74 by $0.19 [7] - The company had a net margin of 15.49% and a return on equity of 19.86% [7] - Revenue for the quarter was $2.12 billion, surpassing expectations of $2.06 billion, but down 16.4% year-over-year [7] - Analysts forecast an EPS of 4.03 for the current year [7] Dividend Announcement - APA declared a quarterly dividend of $0.25 per share, with an annualized dividend of $1.00 and a yield of 3.9% [8] - The payout ratio stands at 24.04% [8] Company Overview - APA Corporation is an independent exploration and production company focused on oil and natural gas resources, operating primarily in the United States, Egypt, and the North Sea [9] - The largest position in the U.S. is in the Permian Basin of West Texas and southeastern New Mexico, emphasizing oil-focused drilling and production [10]

Group 1 - Barclays downgraded Apache Corporation (APA.US) and Consol Energy (CNX.US) from "hold" to "sell," setting target prices at $24 and $34 respectively [1] - Despite the downgrade, both stocks saw increases of 4.69% and 1.75% due to an overall rise in the energy sector [1] - Analyst Betty Jiang noted that Apache serves as a typical case reflecting the trend of traditional asset valuations recovering while U.S. shale asset valuations decline [1] Group 2 - Jiang estimates that by 2026, the independent free cash flow yield in the Permian Basin will be only 3.8%, indicating a significant premium compared to larger U.S. pure shale oil companies [1] - Significant gains in natural gas marketing for Apache are expected to substantially decrease, primarily due to expanded takeaway capacity in the Permian Basin and weakening global LNG prices [1] - Consol Energy's stock price aligns closely with the unlevered free cash flow yield of natural gas exploration and production companies, despite its resource inventory having a notably shorter sustainable extraction timeline [2] Group 3 - Barclays restored Western Oil (OXY.US) to a "hold" rating following the successful divestiture by OxyChem, which aids in debt reduction [2] - Jiang expressed a positive outlook for several energy companies, particularly Ovintiv (OVV.US), which has successfully transitioned to focus on the Permian Basin and Montney shale [2] - Confidence in EQT Energy (EQT.US) is noted, highlighting the market's underappreciation of its structural growth potential and margin advantages through midstream business integration [2] - Viper Energy (VNOM.US) is viewed as a quality investment in the Permian Basin, currently at a low valuation [2]

Company Overview - APA Corporation is an independent upstream oil and gas company focused on the exploration, development, and production of hydrocarbons with a market cap of $9.1 billion, operating in the United States, Egypt, and the North Sea [1] Earnings Expectations - Analysts expect APA to report an adjusted EPS of $0.63 for the fourth quarter, which represents a 20.3% decrease from the $0.79 reported in the same quarter last year [2] - For FY2025, APA is projected to deliver earnings of $3.48 per share, down 7.7% from $3.77 in fiscal 2024, and a further decline of 34.5% year over year to $2.28 per share is expected in fiscal 2026 [3] Stock Performance - Over the past 52 weeks, APA stock prices have increased by 3.9%, outperforming the Energy Select Sector SPDR Fund's 1.3% rise but lagging behind the S&P 500 Index's 13.3% returns during the same period [4] - On January 15, APA shares declined by more than 2% due to a broader sell-off in the energy sector following a sharp drop of over 4% in WTI crude oil prices [5] Analyst Ratings - The consensus rating for APA stock is "Hold," with 30 analysts covering the stock, including five "Strong Buys," two "Moderate Buys," 19 "Holds," one "Moderate Sell," and three "Strong Sells" [6] - The mean price target for APA is $26.04, indicating a potential upside of 2.7% from current market prices [6]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 (State or other jurisdiction of incorporation) (Commission File Number) Delaware 001-40144 86-1430562 (IRS Employer Identification No.) Date of Report (Date of earliest event reported): January 20, 2026 APA CORPORATION (Exact name of registrant as specified in its charter) 2000 W Sam Houston Pkwy S, Suite 200 Houston, Texas 77042-3643 (Address ...

Core Insights - APA Corporation provided supplemental information regarding its fourth-quarter 2025 financial and operational results, indicating that actual results may vary based on factors not identified in the release [1] Financial Performance - Estimated average realized prices for the fourth quarter of 2025 were $59.90 per barrel for oil in the United States, $62.30 internationally, $20.40 per barrel for NGL in the U.S., $40.60 internationally, and $0.15 per Mcf for natural gas in the U.S. compared to $4.30 internationally [2] - The company incurred transaction, reorganization, and separation expenses totaling $36 million in the fourth quarter, an increase from $18 million in the third quarter, primarily due to early termination of office leases and contract terminations [3] - APA curtailed approximately 91 million cubic feet per day of U.S. natural gas production and 7,600 barrels per day of U.S. natural gas liquids production in response to weak or negative Waha hub prices [4] Shareholder Information - The estimated weighted-average basic common shares for the fourth quarter were 355 million, with the company repurchasing 2.7 million shares at an average price of $24.17 per share during the quarter [5] Upcoming Events - APA will host a conference call to discuss its fourth-quarter and full-year 2025 results on February 26 at 10 a.m. Central time, which will be webcast on the company's website [6] Company Overview - APA Corporation engages in the exploration and production of oil and natural gas in the United States, Egypt, and the United Kingdom, and also explores offshore Suriname and other locations [7]

Core Insights - Access Power & Co., Inc. announced a record turnout at Racks Billiards during the regional APA Tri-Cups tournament, indicating the venue's growing prominence in competitive billiards [1][2] - The event marked the largest participation level in Racks Billiards' history for an APA-sanctioned competition, showcasing the venue's expanding role and partnership with the APA [2][4] - The tournament's success is expected to drive revenue growth, enhance market presence, and establish Racks Billiards as a preferred host for major regional competitions [4] Company Overview - Access Power & Co., Inc. is focused on identifying, acquiring, and developing businesses with scalable growth potential, aiming to build long-term value for shareholders [6] - Racks Billiards offers professional-grade tables and tournament-level operations, catering to league players, competitive professionals, and recreational guests [5]

Company Overview - APA Corporation is a hydrocarbon exploration company valued at nearly $9 billion [2] - The company has slightly outperformed the market over the past year but remains below its highs from 2022-2023 [2] Investment Strategy - The Value Portfolio focuses on building retirement portfolios using a fact-based research strategy [2] - This strategy includes thorough analysis of 10Ks, analyst commentary, market reports, and investor presentations [2] - The leader of The Retirement Forum invests real money in the recommended stocks and provides features such as model portfolios and macro overviews [2]