APA Stock Analysis
AP
Neutral
Based on Eyestock quantitative analysis, APA`s fundamental data and valuation indicate an investment grade of Neutral at the current time.
Rating
To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.
Moderate score
Upside
To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.
Greatly undervalued
APA Corp. explores for oil and natural gas through its subsidiaries. The company is headquartered in Houston, Texas and currently employs 2,273 full-time employees. 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). The company 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. The company holds approximately 789,000 gross acres (451,000 net acres) in the Southern Midland Basin. The firm holds approximately 229,000 gross acres (131,000 net acres) in the Delaware Basin. The company also holds approximately 2.5 million gross acres (1.1 million net acres) in legacy properties.