APA Shares Fall 2.08% to $27.34 Ahead of Q4 EPS Decline
APA stock fell 2.08% to close at $27.34, underperforming the S&P 500’s 0.1% gain. Analysts forecast Q4 EPS of $0.62 (-21.5% YoY) and revenue of $1.92 billion (-23.2%) ahead of the February 25 earnings release.
1. Daily Stock Performance
APA closed at $27.34, down 2.08% from the prior session, underperforming the S&P 500’s 0.1% gain while the Oils-Energy sector rose 0.5%.
2. Recent Share Trends
Over the past month, APA shares have gained 8.3%, trailing the sector’s 11.68% advance but outpacing the S&P 500’s 1.43% decline over the same period.
3. Upcoming Q4 Earnings
APA is set to report Q4 results on February 25 with consensus forecasts of $0.62 EPS, a 21.5% drop from last year, and $1.92 billion in revenue, down 23.2%.
4. Valuation and Analyst Ratings
The stock trades at a forward P/E of 13.4 versus the industry average of 14.73 and carries a Zacks Rank of 4 (Sell) with its industry in the bottom 9%.