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Model output · Signal date 2026-10-16

Apa Corp (APA) Stock Forecast Oct. 16, 2026

Analysis updated on Oct. 16, 2026 (UTC) · Alpha · vs marketSwitch to Total · Nasdaq

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Rating · 90D ▼ Bearish Exact rating locked
90-day forecast Sign up free to reveal
30-day forecast Alpha
Rank in coverage Bottom 35% of 5171 stocks scored
Rank correlation · 90D 23.0% Spearman, 357 dates
Market Cap $17.22B large-cap · #17 of 60 peers
Summary

Apa Corp (APA) stock forecast summary

Our AI ranks Apa Corp outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.

Apa Corp is a large-cap company with a market capitalization of $17.22B. It ranks number 17 by market capitalization among the 60 Crude Petroleum & Natural Gas issuers in our coverage with a current forecast.

For APA, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 23.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 9.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report

Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +1.7%, buy ≥ +0.2%, sell < -0.9%, strong sell < -1.2% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)

A free account shows the exact forecast, rating and rank of 3 tickers you follow, APA included.

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Price

APA price chart and AI forecast

APA
Cross-section · 2026-10-16

How APA ranks among 5171 stocks

90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).

Fundamentals · 2026-06-30

Apa Corp (APA) fundamentals

Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Crude Petroleum & Natural Gas peers listed below that report each metric.

Valuation & Market

MetricAPAIndustry medianRank
Market Cap $17.22B $4.02B 17/60
P/E Ratio 8.64x 10.28x 27/41
P/B Ratio 2.45x 1.59x 8/39
Dividend Yield 2.06% 2.66% 17/24
EPS $5.69 – –
Book Value/Share $20.04 – –

Profitability & Margins

MetricAPAIndustry medianRank
ROE 23.9% 16.9% 9/33
ROA 9.3% 9.0% 17/35
ROIC 24.5% 9.9% 5/36
Tax Rate 33.3% – –

Financial Health

MetricAPAIndustry medianRank
Current Ratio 0.95x 0.95x 28/54
Quick Ratio 0.79x 0.79x 13/25
D/E Ratio 1.43x 1.01x 15/49
Financial Leverage 2.56x 2.01x 9/43
Interest Coverage 18.6x 7.6x 8/40
Working Capital -$130M -$46M 35/54

Cash Flow

MetricAPAIndustry medianRank
Operating Cash Flow $4.53B $1.02B 13/54
OCF Growth YoY -2.7% 12.7% 34/48

Operational Efficiency

MetricAPAIndustry medianRank
Inventory Turnover 2.0x 3.6x 7/10
Days Inventory 183 days 87 days 2/8
Payables Period 361 days 275 days 5/13

Income Statement

MetricAPAIndustry medianRank
Operating Income $3.82B $563M 7/43
Net Income $1.68B $551M 10/38
Cost of Goods Sold $739M $495M 8/17

Dividend & Shareholder Information

MetricAPAIndustry medianRank
Dividends Per Share $1.01 – –
Payout Ratio 17.8% 28.0% 15/19
Shares Outstanding 350M – –
Net Income Growth 16.8% 16.7% 14/28
EPS Growth 129.4% 0.3% 9/34

Balance Sheet Highlights (USD millions)

Total Current Assets$2.28B13.3% of assets
Cash & Short-term Investments$444M2.6% of assets
Accounts Receivable$1.22B7.2% of assets
Inventory$371M2.2% of assets
Total Liabilities$10.03B58.8% of assets
Short-term Debt$1.68B9.8% of assets
Quarterly Financial Reports

APA quarterly financials and insider trading

Industry Peers · Crude Petroleum & Natural Gas

Apa Corp (APA) industry peers

Companies classified under the same SEC industry code as Apa Corp (Crude Petroleum & Natural Gas): 60 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.

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Company 90-Day AI Forecast (Alpha) Market Cap P/E Ratio P/B Ratio
APA Apa Corp ▼ $17.22B 8.6x 2.5x
SHEL Shell Plc ▼ $298.93B – –
TTE Totalenergies Se ▼ $195.26B 6.4x –
PBR Petrobras - Petroleo Brasileiro Sa ▶ $163.05B – –
CNQ Canadian Natural Resources Ltd ▼ $111.99B 3.0x –
E Eni Spa ▼ $97.06B – –
EOG Eog Resources Inc ▶ $82.88B 12.3x 2.6x
CVE Cenovus Energy Inc. ▶ $62.04B 9.3x –
OXY Occidental Petroleum Corp /De/ ▼ $60.65B 8.4x 1.5x
FANG Diamondback Energy, Inc. ▲ $57.11B 39.5x 1.5x
DVN Devon Energy Corp/De ▼ $55.80B 10.2x 3.6x
WDS Woodside Energy Group Ltd ▼ $44.24B 4.5x –
EC Ecopetrol S.A. ▶ $36.80B – –
EQT Eqt Corp ▼ $33.97B 11.5x 2.3x
EXE Expand Energy Corp ▼ $22.24B 8.1x –
PR Permian Resources Corp ▶ $19.77B 12.2x 1.8x
OVV Ovintiv Inc. ▶ $18.22B 23.0x 1.6x
AR Antero Resources Corp ▼ $11.88B 9.3x 1.4x
SSL Sasol Ltd ▲ $10.34B 19.3x –
RRC Range Resources Corp ▶ $9.68B 10.3x 2.1x
SM Sm Energy Co ▶ $8.92B 7.4x 1.1x
CHRD Chord Energy Corp ▶ $8.45B 10.3x 1.0x
MTDR Matador Resources Co ▶ $6.65B 8.8x 1.1x
MGY Magnolia Oil & Gas Corp ▶ $5.81B 14.0x 2.7x
MUR Murphy Oil Corp ▶ $5.71B 18.5x 1.1x
CRGY Crescent Energy Co ▲ $5.65B 107.4x 1.1x
CNX Cnx Resources Corp ▶ $5.31B 5.7x 1.1x
CRC California Resources Corp ▶ $4.54B – 1.3x
PARR Par Pacific Holdings, Inc. ▲ $4.20B 5.1x 14.4x
CRK Comstock Resources Inc ▶ $4.11B 13.7x 1.6x
HESM Hess Midstream Lp ▲ $3.93B 10.5x –
BSM Black Stone Minerals, L.P. ▼ $3.40B 13.3x –
GPOR Gulfport Energy Corp ▼ $2.94B 6.4x 1.6x
TALO Talos Energy Inc. ▶ $2.84B – 2.4x
NOG Northern Oil & Gas, Inc. ▶ $2.74B – 1.4x
BKV Bkv Corp ▼ $2.51B 16.2x 1.1x
VET Vermilion Energy Inc. ▶ $1.93B 9.8x –
MNR Mach Natural Resources Lp ▶ $1.81B 11.9x –
KRP Kimbell Royalty Partners, Lp ▼ $1.79B 21.7x –
KOS Kosmos Energy Ltd. ▲ $1.60B – 3.0x
GFR Greenfire Resources Ltd. ▲ $1.58B – –
DMLP Dorchester Minerals, L.P. ▼ $1.49B 17.1x –
AESI Atlas Energy Solutions Inc. ▲ $1.23B – 1.1x
TBN Tamboran Resources Corp ▶ $1.11B – 1.4x
DEC Diversified Energy Co ▶ $1.05B – 1.1x
REPX Riley Exploration Permian, Inc. ▼ $1.04B 8.5x 1.6x
INR Infinity Natural Resources, Inc. ▶ $791M 4.6x 2.0x
TXO Txo Partners, L.P. ▶ $787M – –
TTI Tetra Technologies Inc ▶ $786M 531.0x 1.9x
OBE Obsidian Energy Ltd. ▲ $772M 1.8x –
GPRK Geopark Ltd ▶ $761M 1.5x –
VTS Vitesse Energy, Inc. ▶ $733M 21.5x 1.2x
GRNT Granite Ridge Resources, Inc. ▶ $719M 24.8x 1.3x
EGY Vaalco Energy Inc /De/ ▲ $652M – 1.7x
SOC Sable Offshore Corp. ▼ $637M – 1.6x
WHK Whitehawk Minerals Corp. ▶ $576M – 2.1x
WTI W&T Offshore Inc ▲ $552M – –
SD Sandridge Energy Inc ▶ $516M 6.7x 1.0x
GTE Gran Tierra Energy Inc. ▶ $386M – 2.9x
NUAI New Era Energy & Digital, Inc. ▶ $355M – 2.6x

Where APA sits on the market map

Energy & Transportation · Crude Petroleum & Natural Gas
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News

Apa Corp (APA) stock news

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FAQ

Apa Corp (APA) stock forecast FAQ

What is the Apa Corp (APA) stock forecast?

Our AI ranks Apa Corp outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.

How accurate are Apa Corp stock predictions?

For APA, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 23.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 9.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report

How often are Apa Corp forecasts updated?

Apa Corp forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.

Which companies are Apa Corp's industry peers?

60 issuers in our coverage, APA included, share the SEC industry code Crude Petroleum & Natural Gas. The largest are: Shell Plc (SHEL), Totalenergies Se (TTE), Petrobras - Petroleo Brasileiro Sa (PBR), Canadian Natural Resources Ltd (CNQ), Eni Spa (E), Eog Resources Inc (EOG).

This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.