APA Corporation with ticker code (APA) have now 26 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The target price High/Low ranges between 69 and 36 calculating the mean target price we have $47.31. Now with the previous closing price of $33.47 this now indicates there is a potential upside of 41.4%. There is a 50 day moving average of $35.51 while the 200 day moving average is $40.22. The total market capitalization for the company now stands at 10.46B. The current stock price for Targa Resources Corp. is currently 33.91 USD
The potential market cap would be $14,791,749,073 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 5.32, revenue per share of 31.62 and a 22.99% return on assets.
APA Corporation is an independent energy company that explores for, develops, and produces natural gas, crude oil, and natural gas liquids (NGLs). Its upstream business has exploration and production operations in three geographic areas: the United States (U.S.), Egypt, and offshore the United Kingdom (U.K.) in the North Sea (North Sea). It has exploration, and appraisal operations in Suriname, as well as interests in other international locations. The Company’s midstream business (Altus Midstream) is operated by Altus Midstream Company through its subsidiary Altus Midstream LP (collectively, Altus). Altus owns, develops, and operates a midstream energy asset network in the Permian Basin of West Texas. It holds approximately 789,000 gross acres (451,000 net acres) in the Southern Midland Basin. The Company holds approximately 229,000 gross acres (131,000 net acres) in the Delaware Basin. It also holds approximately 2.5 million gross acres (1.1 million net acres) in legacy properties.
