
APA Corporation (APA)
24.40 USD -0.75 (-2.98%) Volume: 9.38M
APA Corporation’s stock price stands at 24.40 USD, experiencing a slight dip of -2.98% in this trading session with a trading volume of 9.38M. However, the stock has shown resilience with a positive year-to-date (YTD) change of +5.35%, indicating potential growth prospects.
Latest developments on APA Corporation
APA Corporation (APA) saw a surge in stock price today after announcing new credit agreements to enhance financial stability. The company’s stock outpaced the market, with a dividend yield surpassing 4%. Additionally, APA applauded the withdrawal of NARW speed restriction regulations, signaling positive developments for the company. Despite these gains, concerns about inflation spikes linger, as highlighted by MBC’s Apa Ongpin. Meanwhile, geopolitical tensions continue to brew, with discussions on strategic cooperation between Azerbaijan and Georgia taking place amidst ongoing conflicts in the region.
A look at APA Corporation Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
APA Corporation, an oil and gas company, has a mixed long-term outlook according to Smartkarma Smart Scores. While the company scores well in areas such as Dividend and Growth, indicating strong potential for future returns and stability, it falls short in Resilience. This suggests that APA may face challenges in maintaining steady performance in the face of market fluctuations.
Overall, APA’s Smart Scores paint a picture of a company with solid fundamentals but with some vulnerabilities. Investors may want to keep an eye on how APA navigates these challenges in the coming years to assess its long-term prospects in the oil and gas industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
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