APA (APA)
Produces oil and gas across the Permian and Egypt while developing offshore Suriname.
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Produces and sells crude oil, natural gas and NGLs from a Permian-heavy U.S. base, Egypt’s Western Desert and the U.K. North Sea. Cash flow funds drilling and the sanctioned GranMorgu development in Suriname, while Egypt production-sharing contracts and the planned North Sea exit shape the portfolio.
Explores for, develops and produces crude oil, natural gas and natural gas liquids through operating subsidiaries. The core producing base spans the Permian Basin in West Texas, Egypt’s Western Desert and the U.K. North Sea; U.S. operations supply most production and the largest share of proved reserves.
A larger post-Callon footprint and subsequent asset sales have concentrated Permian drilling in the Midland and Delaware basins, while seismic-led prospect selection supports exploration and development in Egypt. Growth spending also supports the sanctioned GranMorgu project offshore Suriname. Egypt operates through production-sharing contracts with state oil company EGPC and a Sinopec joint venture, GranMorgu is operated by TotalEnergies, and North Sea investment is limited to safety and integrity ahead of a planned production exit.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Sep 21, 2026 | Truist Financial | Target | Target: $38 | Target: $44 |
| Sep 14, 2026 | UBS | Reiterate | Rating: —Target: $41 | Target: $47 |
| Sep 9, 2026 | Stifel Nicolaus | Target | Target: — | Target: $62 |
| Sep 7, 2026 | Goldman Sachs | Reiterate | Rating: —Target: $21 | Target: $43 |
| Sep 2, 2026 | Seaport Global | Initiate | Rating: — |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $444.0M · Total debt $3.88B · Total assets $17.97B · Shareholders' equity $7.02B
- Revenue
- $2.40B
- Operating income
- −$1.10B
- Net income
- $747.0M
HistoryDividendAnnual yieldUpcoming
| Institutions | ≈ 105.29% | 368.87M shares | |
|---|---|---|---|
| 859 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Insiders | 0.73% | 2.55M shares | |
| 20 holders · as of Jul 1, 2026 | |||
| Strategic holders | 5.47% | 19.15M shares | |
| 1 holder · as of Feb 11, 2022 | |||
| Adds to | 111.49% | ||
350.35M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
These groups come from separate filings that can overlap, so they add to 111.49%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 10.28% | 36.02M | as of Jun 30, 2026 |
Hotchkis & Wiley Capital Management LLCInstitution | 9.05% | 31.70M | as of Jun 30, 2026 |
State Street CorpInstitution | 7.19% | 25.18M | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 6.59% | 23.10M | as of Jun 30, 2026 |
Harris Associates L PStrategic | 5.47% | 19.15M | filed Feb 11, 2022 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| May 20, 2026 | Mark D. Maddox | officer: Executive VP - Administration | −9,800 | $40.04 |
| Mar 18, 2026 | Matthew Regis Bob | director | −23,000 | $36.23 |
- Diamondback Energy
Permian oil-and-gas scale rival with deep horizontal inventory.
- Occidental Petroleum
Permian-heavy oil and gas producer with MENA upstream overlap.
- EOG Resources
Multi-basin U.S. shale peer for oil, NGL and gas execution.
- Devon Energy
Delaware-focused U.S. shale peer with oil and gas overlap.
- ConocoPhillips
Scale upstream peer spanning shale, Alaska and global exploration.
- Eni (ADR)
Egypt upstream and Mediterranean gas overlap
- ExxonMobil
Guyana offshore scale and global upstream capital rival.
CompareAfter hours
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| APA | $42.30 | 0.00% | $15.49B | 9.3 | 8.8 | 1.8 | +10.2% |
| Diamondback Energy | $184.79 | +0.14% | $53.24B | 37.0 | 9.6 | 3.1 | +32.1% |
| Occidental Petroleum | $56.31 | 0.00% | $56.94B | 8.8 | 12.0 | 2.3 | +25.7% |
| EOG Resources | $139.52 | −0.04% | $75.30B | 11.0 | 8.9 | 2.8 | +60.5% |
| Devon Energy | $46.93 | −0.03% | $52.35B | 11.3 | 9.3 | 2.7 | +83.2% |
| ConocoPhillips | $125.27 | +0.00% | $155.37B | 16.9 | 12.6 | 2.5 | +39.7% |
| Eni (ADR) | $53.26 | −0.07% | $78.29B | 13.7 | 8.2 | 0.8 | +15.4% |
| ExxonMobil | $158.71 | +0.01% | $656.48B | 20.4 | 12.9 | 1.8 | +46.0% |
| Median | 13.7 | 9.6 | 2.5 | +39.7% |