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Top Independents Operators Oil Stocks to Buy in 2019This summary was created by AI, based on 2 opinions in the last 12 months.
APA Corporation, a significant player in the oil and gas production sector with operations in the US Permian Basin, Egypt, and the North Sea, has been a focus of attention among analysts. Despite recent downturns, including a drop of 22%, the company reported a noteworthy 42% increase in net income, underscoring its operational resilience. With a valuation of 6 times earnings and a book ratio under 2, it is favorably positioned in terms of financial metrics, boasting a remarkable 79% ROE. The dividend maintained by a low payout ratio of less than 15% of cash flow adds to its attractiveness for income-oriented investors. However, experts suggest a cautious approach, with a recommendation to set a stop-loss at $22 while targeting an upside potential to reach approximately $39, aligning with analyst expectations.
APA Corporation is a American stock, trading under the symbol APA-N on the New York Stock Exchange (APA). It is usually referred to as NYSE:APA or APA-N
In the last year, 1 stock analyst published opinions about APA-N. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for APA Corporation.
APA Corporation was recommended as a Top Pick by on . Read the latest stock experts ratings for APA Corporation.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
In the last year, there was no coverage of APA Corporation published on Stockchase.
On 2025-02-17, APA Corporation (APA-N) stock closed at a price of $23.15.
Our PAST TOP PICK with APA has triggered its stop at $22. To remain disciplined, we recommend covering the position at this time.