APA Corporation with ticker code (APA) have now 25 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 75 and 33 calculating the average target price we see $50.64. Given that the stocks previous close was at $40.47 this would imply there is now a potential upside of 25.1%. It’s also worth noting that there is a 50 day moving average of $38.27 while the 200 day moving average is $40.10. The market cap for the company is $12,684m. You can visit the company’s website by visiting: https://www.apachecorp.com
The potential market cap would be $15,872m based on the market consensus.
APA Corporation, through its subsidiaries, explores for, develops, and produces natural gas, crude oil, and natural gas liquids. It has operations in the United States, Egypt, and the United Kingdom, as well as has exploration activities offshore Suriname. The company also operates gathering, compression, processing, and transmission assets in West Texas, as well as holds ownership in four Permian Basin long-haul pipeline. APA Corporation was founded in 1954 and is based in Houston, Texas.
The company has a dividend yield of 2.45% with the ex dividend date set at 20-4-2023 (DMY).
Other points of data to note are a P/E ratio of 3.7, revenue per share of 33.01 and a 24.39% return on assets.
