APA Similar Chart Price Prediction
The price of APA is predicted to go up 19.91%, based on the high correlation periods with TEL. The similarity of these two price pattern on the periods is 96.51%.
APA
TEL
Up: 19.91%Similarity: 96.51%
APA Revenue Forecast
APA EPS Forecast
APA FAQs
What is bull’s view on APA?
What is bear's view on APA?
What is APA revenue forecast for next quarter？
What is APA eps forecast for next quarter？
APA VS S&P500
The modernization of APA's production-sharing contract with the government in Egypt makes incremental investment more attractive and has turned a stable cash cow into a lucrative growth asset.
APA has a long runway of drilling opportunities in the high-growth, low-cost Permian basin.
APA's discoveries in Suriname are a potential game-changer and could double the firm's production in the next 10 years.
APA Analyst's Forecast
John Freeman
Raymond James
Strong Buy
2025-01-23
Price Target
$44 → $45
Upside
+90.68%
Raymond James raised the firm's price target on APA Corp. to $45 from $44 and keeps a Strong Buy rating on the shares. The fourth quarter was "forgettable" from a stock performance perspective, but has set the Exploration and Production group up nicely going into the New Year, the analyst tells investors in a research note. The firm expects largely in-line results from its coverage, and notes that efficiency gains continued at a pace that almost nobody anticipated, production growth is largely not the goal, and looks like a by-product of these efficiency gains, and that it expects acquisitions to continue. The firm expects a beat on costs and capital expenditures for APA.
Mark Lear
Piper Sandler
Hold
2024-12-17
Price Target
$26 → $23
Upside
+9.63%
Roger Read
Wells Fargo
Buy → Hold
2024-12-17
Price Target
$42 → $25
Upside
+19.16%
